Futterman, Sirotkin & Seinfeld, LLP
Free Consultations *
For Personal Injury and Medical Malpractice Matters Only
toll free: 866-679-2513
Kew Gardens: 718-577-2573
Woodbury: 516-681-0250
New York: 212-223-2767
contact Menu

Over 60 Years In Queens County

Thank you so much for all your help. You are a true God send and I feel blessed for having your assistance. Wishing you and your family well wishes and a Happy New Year too!

Thank you for “services rendered” to my complete satisfaction. On that note, a special thank you to Judy Ramirez and Veronica Fuentes for their many contributions. With your knowledge and experience...

Thank you for doing such a great job representing my son on the purchase of his condo. As I am sure you could tell, he was very nervous about the whole thing, been waiting for the other shoe to...

On behalf of the family of the Estate of Marlene U., I would like to express my sincere gratitude to the law firm of Futterman, Sirotkin & Seinfeld, LLP for its unwavering commitment...

I feel blessed that somehow your firm in and my life crossed because the result is the quality of my mother’s life in respect to current and future needs is secure …

Dear Martin and Ira, thank you so much for working so hard on my case for so many years. My life changed 10 years ago when this occurred. I'm glad this chapter of my life has closed.

Just wanted to express how happy I am with your firm. I have known you for over 15 years starting with the purchase of my first home and when I continued utilizing your services when...

Words can not fully express how grateful and impressed I am with your outstanding services. Working with you and your staff not only made me feel comfortable and reassured but ...

I wanted to express my sincere gratitude for your efforts over the last two years regarding my case. Your attention to the details surrounding-my case was second to none...

Me sentir bien comoda con mi dos abogados, el Sr. Martin y el Sr. Futterman, que me trataron mi caso con mucha delicadeza y puecieron mucho tiempo en mi case

Read More Testimonials
view our Practice areas

Nursing homes are business, but residents don't reap the benefits

Although many nursing home residents in New York rely on government programs such as Medicare and Medicaid to pay for at least a portion of their care, the facilities are typically for-profit organizations. As such, owners reap the benefits when costs are kept low. In other industries, unscrupulous business owners have found ways to profit by setting up subsidiary companies to provide goods and services. Sadly, companies owning nursing homes have employed these tactics as well, to the detriment of the residents.

This practice, called related party transactions, is defended by those in the industry as a smart business technique that allows them to provide services at a lower cost and saves money on taxes. However, in one lawsuit against a nursing home facility, the family of a resident who lost her leg to infection claimed that the related party transactions contributed to a deficit on the books and a resultant lack of proper care. 

In that case, the money that was used for resident care went to sister companies that provided management, medication and physical therapy, as well as other products and services. The owners reported millions in personal income on their tax returns while allegedly funneling the money away from those who were paying for care. Almost 75 percent of the facilities in the country also employ related party transactions.

Anyone who believes that a loved one in a nursing home is suffering from neglect or abuse, regardless of the reason for the poor treatment, should take the concerns to the ombudsman and law enforcement. Some people also choose to file lawsuits, both to recover damages, and to hold facilities publicly accountable for the harm they caused.

Source: The New York Times, "Care Suffers as More Nursing Homes Feed Money Into Corporate Webs," Jordan Rau, Jan. 2, 2018

No Comments

Leave a comment
Comment Information

Privacy Policy | Law Firm Marketing by FindLaw, part of Thomson Reuters.