do nurse owned nursing homes exist?

  1. I'm just asking out of general curiosity. Has anyone ever heard of a nursing home/residential LTC facility that is owned by a group of nurses?

    Lately there has been a lot of info posted around here and in the news about nursing homes being run by really sketchy corporations, who have everything except the long term well being of the residents and staff in mind. I don't know a lot about this, but it's pretty scary.

    When physicians felt that hospital administrators were making too many decisions that affected their incomes and autonomy, groups of physicians across the country started their own hospitals, HMO's, and clinics. Dean Healthcare in is an example where I live, but there are many others. I'm not saying this has been a good thing for patients, I think these hospitals can be pretty terrible, but it's an interesting idea nonetheless.

    I just have this vision of a professional group of nurses getting together and building a nursing home where nurses make the rules, make the profits (if there are any to be had), and provide the care, similar in many ways to how MD's have been building hospitals. I can think of a several reasons why this might not work (nurses have less money to invest than MD's, less profit in LTC than in hospitals, fewer nurses with experience running their own practice...), but I wonder if anyone's ever tried it or thought of it.
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    About Ginger's Person

    Joined: Mar '09; Posts: 70; Likes: 123
    Community mental health nurse; from US

    13 Comments

  3. by   Kabin
    There's some big companies opening LTC facilities including those in the hotel and resort industry. Unfortunately, nurses have a bit less disposable income than docs. I've heard of a couple of group homes owned and run by nurses.
  4. by   TuTonka
    I never have heard about these nursing homes being owed and run by nurses. It is an interesting concept.

    TuTonka
  5. by   roosmom
    It's funny you should post this today - there was an article in our paper today about a 6 bed adult family/LTC home that a local RN and LPN are opening. Not sure how they got financing or how much red tape it took though. But really who knows better how to operate a facility than nurses?
  6. by   TuTonka
    Interesting
  7. by   MissRn09
    I know of 1 that is in Silsbee, TX. And I must say...It's AMAZING in there. I had clinicals there and this place is somewhere I would leave my family and have NO QUESTIONS! The lady that runs it is on point. If ANY nurse or nurse aide doesn't do what is supposed to be done, no lie, she will fire them on the spot!!! This place is beautiful on the inside and out, smells better than almost EVERY hospital, and serves her client's awesome food. I tell all my family that's where I wanna be if the time ever comes..So yes, there is a LTC facility owned by a nurse!
    May 16, 2009
    10:00am
  8. by   SarahRN85
    i actually work at a facility as a cna that is co-owned by an rn and licensed nursing home administrator. technically it's not a full fledge nursing home because i think their license does not allow for every nursing skill to be provided in this setting (cannot remember what class license, but the residents cannot have iv medications etc). however, it is their company and they have carried out the entire design from how they run the business to staff and resident care. i think they may have had some investors involved with the financing to buy the land and to pay for construction etc. they have expanded through out the community and now across the state where i go to school. the settings are beautiful and have great staff to patient ratios. but i think the families pay a lot of money for the luxury but it is obviously worth it when compared to some of the other facilities available.

    i think just about anyone can start a business like this if you have the determination. i think for now the market of long term homes where i work is a bit over saturated so that might be a point to consider. otherwise if you have a knowledge of this area of health care you probably know what kind of things are necessary to create a facility of your own.


    as for profit... the rumor is that each of these individuals make over 300k a year.
  9. by   dionnedillon
    great concept
  10. by   WickedRedRN
    hmmm, very interesting indeed. I have never heard of any here locally, but there are a couple that are privately owned and all private pay that are incredible! Facilities like that restore my faith in LTC.
  11. by   lindarn
    Quote from Kabin
    There's some big companies opening LTC facilities including those in the hotel and resort industry. Unfortunately, nurses have a bit less disposable income than docs. I've heard of a couple of group homes owned and run by nurses.
    You know, of course, that is the way hospitals, nursing homes, and especially doctors, want it. "Keepem barefoot and pregnant". Pay nurses poorly, and they will never have any power. Money = Power, and Power = Money.

    This is the way we are controlled. JMHO and my NY $0.02.

    Lindarn, RN, BSN, CCRN
    Spokane, Washington
  12. by   Ginger's Person
    Alright, I may have just found my career ambition
    For this week, anyway...
  13. by   Kabin
    Quote from lindarn
    You know, of course, that is the way hospitals, nursing homes, and especially doctors, want it. "Keepem barefoot and pregnant". Pay nurses poorly, and they will never have any power. Money = Power, and Power = Money.

    This is the way we are controlled. JMHO and my NY $0.02.

    Lindarn, RN, BSN, CCRN
    Spokane, Washington
    Very true. Nurses are mostly overhead in hospitals with little procedural reimbursement power.
  14. by   Kabin
    Quote from hopefullyanrnsoon
    Alright, I may have just found my career ambition
    For this week, anyway...

    It's a growth industry for the future, more easily done by starting a group home. Some biz/financial challenges to get it up and going.

    Aside from patient care it's difficult work, 24/7 hours - you'll need someone you can trust for vacations/weekends/sleep coverage, lots of employee turnover, difficult to hire trustworthy people, inspections, family issues, liability issues, license risks, lots of Costco shopping, continuous cooking and cleaning, filling empty beds, .... Seek out someone that's done it. I heard one fellow nurse employee tried it once and came back to the normal 8-5, m-f job.

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