CRC would answer only general questions; Bain did not reply

CRC would answer only general questions; Bain did not reply

Lawsuits and critics have claimed that CRC prizes profits, and the avoidance of outside scrutiny, over the health and safety of its clients. (We sent specific questions on these basic allegations to CRC and owner Bain Capital. )

Capable documents and ora non piu-staffers also allege that such incidents reflect, mediante part, verso broader corporate culture at Aspen’s owner, CRC Health Group, a leading national chain of treatment centers

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And CRC’s corporate culture, con turn, reflects the attitudes and financial imperatives of Bain Capital, the private equity firm founded by Mitt Romney. (The Romney campaign also did not reply to written questions.) Bain is known for its relentless obsession with maximizing shareholder value and revenues. Indeed, this has become verso talking point of late on the Romney campaign trail; he bragged to Fox in late May that 80 percent of them [Bain investments] grew their revenues. CRC, per fast-growing company then in the lucrative field of drug treatment, was perhaps verso natural fit when Bain acquired it for $720 million per 2006. Per conversations with team and patients who spent time at CRC facilities since the takeover, there are suggestions that the Bain approach has had its effects. If you aspetto at their daily profit numbers compared to what they charge, Dana Blum said of CRC’s Aspen division con 2009, it’s obscene. That point datingmentor.org/it/sexfinder-review, ironically enough, was underscored by the glowing reports per the trade press about its profitability. Fortsätt läsa ”CRC would answer only general questions; Bain did not reply”