<ul><li>The increasing outsourcing of care services is associated with lower standards of care, according to research.</li><li>Many private providers of care homes for older people are owned by offshore private equity companies prioritizing profit over residents' well-being.</li><li>These companies focus on economies of scale, low wages, minimum staffing, and cost-cutting.</li><li>Residents often pay high fees, spend their savings, and sell their houses to fund their care in these larger care homes.</li></ul>

When private equity companies prioritise profit over care home residents | Letter

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