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Profits instead of the common good: The Profit with the care

for Centuries, the care was a matter for the family, the churches, the welfare organisations. Meanwhile, international investors are entering the market. At the

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Profits instead of the common good: The Profit with the care

for Centuries, the care was a matter for the family, the churches, the welfare organisations. Meanwhile, international investors are entering the market. At the expense of the patient?

Sandra Stalinski, tagesschau.de

urine odor, mold, overworked staff: Always unreasonable conditions in German nursing homes known to be. Two houses of the Alloheim group, for example, had to be closed recently due to massive maintenance deficiencies. In addition, homes of the operator of similar grievances were made public.

Alloheim, with around 170 institutions, one of the largest providers in the private care market. At least in some of these facilities, profit maximization seems to appear to have priority. Within a few years, the company changed several times the owner. In the meantime, it belongs to the Swedish financial investor Nordic Capital.

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