Alabama's largest provider of home care services said it abruptly left the state last fall because the state's reimbursement and regulatory environment made it difficult to recruit and retain enough workers, according to Kristen Trenaman, the company's vice president of public relations.
Proponents of private equity investment in health care say the infusion of capital helps smaller companies expand into new markets, streamline their costs, and pay for new technology. But critics point to Help at Home's departure from Alabama as a cautionary tale for what can happen when states that spend little on health care rely on private equity-owned providers to care for their most vulnerable residents.
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