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Related Concept Videos

Documentation in Long-Term and Home Healthcare Setting01:29

Documentation in Long-Term and Home Healthcare Setting

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Documentation in long-term care facilities and home healthcare settings is crucial for ensuring continuous, coordinated, and comprehensive care for patients. Each setting has its specific documentation processes and tools:
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Restorative Care01:19

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Restorative care is provided once a patient has been discharged from a healthcare facility and requires additional services. The additional services include home care, rehabilitation programs, and extended care. Restorative care centers help the patient regain their previous level of functioning or acquire a new level of functioning due to the incapacitating effects of a disease or a disability. It aims to assist patients in enhancing their quality of life by encouraging independence,...
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Continuing Care01:25

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Continuing care describes the variety of health, personal, and social services provided over a prolonged period. The need for continuing care is increasing because people are living longer. Many people do not have families or others to care for them. Continuing care is mainly for patients who are disabled, functionally dependent, or suffering from a terminal disease. It is available within institutional settings or in homes. Examples include nursing centers or facilities, assisted living,...
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Community Based Intervention01:30

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Community-based interventions in mental health represent a paradigm shift from institution-centered care to treatments embedded within the fabric of local communities. By prioritizing inclusion and leveraging existing societal structures, this approach fosters a supportive environment conducive to addressing mental health challenges while promoting individual dignity and agency.
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Methods Of Healthcare Delivery System01:26

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At the different levels of the healthcare system, we see varying methods of healthcare used. These methods include managed care systems, case management, and primary healthcare.
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The Sense of Self: Reflected Self-Appraisal and Social Comparison02:57

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According to Charles Cooley, we base our image on what we think other people see (Cooley 1902). We imagine how we must appear to others, then react to this speculation. We don certain clothes, prepare our hair in a particular manner, wear makeup, use cologne, and the like—all with the notion that our presentation of ourselves is going to affect how others perceive us. We expect a certain reaction, and, if lucky, we get the one we desire and feel good about it. But more than that, Cooley...
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Methodology for Establishing a Community-Wide Life Laboratory for Capturing Unobtrusive and Continuous Remote Activity and Health Data
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Socialize, De-Commodify and De-Financialize Long-Term Care.

Martine August1

  • 1Assistant Professor, School of Planning, University of Waterloo, Waterloo, ON.

Healthcarepapers
|November 18, 2021
PubMed
Summary

Financialized ownership of long-term care homes is increasing in Canada, leading to worse resident outcomes and higher COVID-19 death rates. Removing profit from elder care is essential for improving quality and safety in the sector.

Area of Science:

  • Gerontology
  • Health Services Research
  • Public Health Policy

Background:

  • For-profit ownership in long-term care (LTC) is associated with adverse resident outcomes.
  • Financialization is increasing in Canadian seniors' housing, with firms treating LTC and retirement residences as investment products.
  • Top firms have doubled holdings between 2003-2020, with 33% of seniors' housing now financially owned.

Purpose of the Study:

  • To examine the impact of for-profit and financialized ownership on resident outcomes in Canadian long-term care homes.
  • To highlight the trend of financialization within the seniors' housing sector.
  • To advocate for policy changes to mitigate negative consequences of profit-driven care models.

Main Methods:

  • Analysis of ownership structures in Canadian seniors' housing.

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  • Comparison of resident outcomes, including death rates, between different ownership models.
  • Review of business strategies employed by financialized firms in the LTC sector.
  • Main Results:

    • For-profit and financialized LTC operators in Ontario showed higher death rates during the COVID-19 pandemic.
    • Financialized firms prioritize profit from real estate, domestic, and care operations.
    • Significant growth in private equity, institutional, and financial firm ownership of LTC and retirement homes.

    Conclusions:

    • The current model of for-profit and financialized long-term care is detrimental to resident well-being.
    • A fundamental restructuring of the sector is required to eliminate profit motives from elder care.
    • Policy interventions are needed to ensure quality and safety in long-term care facilities.