Élise Lucet, the presenter of the France 2 program, reveals in a tweet that her team has been conducting an investigation “for more than a year on private nursing homes”.
Shares of retirement home groups Korian and Orpea tumbled again in concert on Friday on the Paris Stock Exchange, after the news of an ongoing investigation by the magazine “Cash Investigation» on private nursing homes.
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In a tweet, the presenter of the program broadcast on France 2, Elise Lucet, promised “new revelations“Following an investigation by his team”for more than a year on private nursing homes“. “We want to finish the report as soon as possible. The broadcast will be in the coming weeks“, confirmed to AFP Emmanuel Gagnier, editor-in-chief of Cash Investigation. The broadcast of an investigation into the fast food group McDonald’s scheduled for mid-February has been rescheduled to focus on the scandal at the operators of retirement homes.
The group demanded a “live and on-set” interview
In a letter addressed to the editor-in-chief of Cash Investigation and transmitted to AFP, Korian indicated on Friday that its general manager Sophie Boissard “was ready to follow upat the show’s interview request, “provided it’s a fair discussion» and that his words are not «betrayed, mounted and therefore deformed“. The band demanded an interview.live and on set“.
Read alsoSophie Boissard (Korian): “The crisis acted as an accelerator»
“You will agree that the fact that one of your journalists entered one of our establishments pretending to be the relative of a deceased resident, in the midst of the Covid-19 crisis, in defiance of the rules of journalistic ethics ( …) and health protection, does not plead to install a climate of trust between us“, argued Korian’s communication department.“ There has never been a violation of the health protocol on the part of our teams, I refute this serious accusation“, assured Emmanuel Gagnier to AFP. The editor also rejected the conditions set by Korian for an interview. “We have already replied to Olivier Véran that there was no live, I do not think that Korian is above a minister“, he noted.
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12.44% drop for the Orpea title, 16.81% for Korian
The title Orpea, which has fallen by around 60% since its questioning in a book denouncing serious failures in its establishments, ended Friday in a sharp fall of 12.44% to 33.71 euros, in a falling market by 0.77%. Worse still, the Korian share slipped 16.81% to 17.57 euros at the close. LNA Health was at -9.41% at 39 euros. “Orpea’s announcements were clearly not enough to restore hope to investors, and the announcement of a Cash Investigation on Ehpad completes convincing the markets“, comments for AFP, AlphaValue, an independent analysis firm. “This issue is known for not being in lace, it is normal for the market to react violently. There will be a before and after this Orpea affair, both among all issuers but also among so-called ‘ESG’ investors.», Continue the experts of AlphaValue.
Read alsoOrpea scandal: the obstacle course of families to get their loved ones out of nursing homes
In “The Gravediggers“, journalist Victor Castanet describes the rationing of medical supplies and food in establishments with very high prices, chronic mistreatment of residents, financial objectives imposed on departments closely controlled by headquarters. Accusations that the group refutes en bloc.