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Private equity snaps up disability services, challenging regulators

(www.governing.com)
182 points tencentshill | 2 comments | 29 Aug 25 13:37 UTC | HN request time: 0.42s | source
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caminanteblanco ◴[29 Aug 25 15:16 UTC] No.45065251[source]▶
I used to work for an adult daycare, for people with mental disabilities, and the amount of times people would play fast and loose with state regulations was concerning. This is an area where the government needs to be hyper vigilant, since some of these clients can't easily stand up for themselves.
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1. OhMeadhbh ◴[29 Aug 25 15:31 UTC] No.45065432[source]▶
My hat's off to you. That's often difficult, underpaid and important work.
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2. caminanteblanco ◴[29 Aug 25 15:46 UTC] No.45065599[source]▶
The clients were usually a pleasure to work with, but management was atrocious, and encourage/allowed things that should not have happened. And this was a sole proprietorship, definitely not private equity. I'm not sure which ownership structure fosters more moral hazard, but regardless, there are a lot of issues in the industry that need addressing