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I think that is indeed part of it, but he also missed the bigger picture: PEGs take over nursing homes because they have a legal obligation to do so for their s
by JohnWhigham 5y ago
I think that is indeed part of it, but he also missed the bigger picture: PEGs take over nursing homes because they have a legal obligation to do so for their shareholders. This is something that has been baked into American society since inception. Not really sure how to fix something like this. Early in Trump's term, he flirted with the idea of changing these earnings reports from quarterly to biannual. I always wonder how much that would have shaken up corporate culture.