Investigation Reveals Culture of Systemic Abuse and Neglect at Bain-Owned Treatment Centers

[webdiva]

Source: Salon.com

New details emerge on several wrongful deaths since the Bain takeover in 2006

Bain Capital, the private equity firm founded by Mitt Romney in 1984, prides itself on turning around failing businesses. But lawsuits and critics allege that controversial profit-maximizing methods and the residential treatment industry don't mix.

In 2006, Bain took over the CRC Health Group, including a national drug-treatment chain, and went on an acquisition frenzy — adding more sites and venturing into the world of residential facilities for troubled teens by buying Aspen Education. Aspen was a scandal-plagued company even before Bain took over — facing a high-profile wrongful death suit over the 2004 heat stroke death of a boy at one of its wilderness camps. Now there are allegations that things have gotten worse.

In a months-long investigation, reporter Art Levine traveled to Utah and California and interviewed current and former staffers and residents of CRC facilities, revealing reports of systemic abuse and neglect that has flourished in the last six years under Bain.


Read more: http://www.salon.com/2012/07/18/dark_side_of_a_bain_success/singleton/

[NYC_SKP]

1. Kicking this, but also moving it to the General Discussion Forum.

It's already been posted in LBN.

Welcome to DU!!

[No Elephants]

2. What is the link between Romney and things done by Bain in 2006?

Was he still sole stockholder then?