{"id":60214,"date":"2025-04-07T14:46:45","date_gmt":"2025-04-07T19:46:45","guid":{"rendered":"https:\/\/www.freestatesocialwork.com\/?p=60214"},"modified":"2025-04-18T11:48:54","modified_gmt":"2025-04-18T16:48:54","slug":"private-equity-investment-and-social-work-ethical-issues-1-credit-hour","status":"publish","type":"post","link":"https:\/\/www.freestatesocialwork.com\/?p=60214","title":{"rendered":"Private Equity Investment and Social Work:  Ethical Issues (1 credit hour)"},"content":{"rendered":"<p><strong>Program Summary: \u00a0<\/strong>This course explores ethical implications and challenges related to private equity investment in the field of social services. \u00a0The course offers an overview of private equity in social services and uses the NASW Code of Ethics as a guide to address potential concerns. \u00a0Ethical standards related to informed consent, conflicts of interest, professional integrity, administration and commitments to employers, dishonesty, fraud, and deception, and social injustice, anti-racism, and social and political action are highlighted. \u00a0Examples are given.<\/p>\n<p><em>This course is recommended for social workers and is appropriate for beginning and intermediate levels of practice. \u00a0This course is not recommended for NBCC ethics credit. <\/em><br \/>\n<!--more--><\/p>\n<p><strong>Reading : \u00a0<\/strong>Private Equity Investment and Social Work: \u00a0Ethical Issues\u00a0<strong>Author<\/strong>: Dr. Frederic G. Reamer, Ph.D., Rhode Island College <strong>Publisher<\/strong>: International Journal of Social Work Values and Ethics<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-23633 alignnone\" src=\"https:\/\/www.freestatesocialwork.com\/wp-content\/uploads\/2022\/03\/book_1404081347.png\" alt=\"Book Icon\" width=\"54\" height=\"50\" \/><a href=\"https:\/\/www.freestatesocialwork.com\/articles\/10-021-206-IJSWVE-2024.pdf\" target=\"_blank\" rel=\"noopener noreferrer\"> Open the Course Reading Here.<\/a><\/p>\n<p><strong>Course\u00a0Objectives:<\/strong>\u00a0 To enhance professional practice, values, skills and knowledge by exploring private equity investment, social work, and ethical issues.<\/p>\n<p><strong>Learning Objectives: \u00a0<\/strong>Describe private equity investment in social services. \u00a0Describe ethical issues related to private equity and social work. \u00a0Identify core social work principles and values.<\/p>\n\t\r\n\t\t<link type=\"text\/css\" rel=\"stylesheet\" href=\"https:\/\/www.freestatesocialwork.com\/wp-content\/plugins\/quizzin\/style.css\" \/>\r\n\t\t<script type=\"text\/javascript\" src=\"https:\/\/www.freestatesocialwork.com\/wp-includes\/js\/jquery\/jquery.js\"><\/script>\r\n\t\t<script type=\"text\/javascript\" src=\"https:\/\/www.freestatesocialwork.com\/wp-content\/plugins\/quizzin\/script.js\"><\/script>\r\n\r\n\r\n\t\t\r\n\t\t<div class=\"quiz-area single-page-quiz\">\r\n\t\t<form action=\"?page_id=755\" method=\"post\" class=\"quiz-form\" id=\"quiz-454\">\r\n\r\n\t\t<p><strong>Course Available Until:<\/strong>  March 31, 2029.<\/p><p><strong>In order to purchase or take this course, you will need to <a href=?action=login>log in<\/a>. If you do not have an account, you will need to <a href=??action=register>register for a free account<\/a>.<p>After you log in, a link will appear here that will allow you to purchase this course. <\/p><\/strong><div class='quizzin-question' id='question-1'><div class='question-content'> 1:  Historically, social work services in the US have been funded by<\/div><input type='hidden' name='question_id[]' value='8631' \/><input type='radio' name='answer-8631' id='answer-id-51701' class='answer answer-1' value='51701' onclick='saveAnswer(\"answer-8631\", \"answer-id-51701\")' disabled \/>&nbsp;<label for='answer-id-51701' id='answer-label-51701' class='answer label-1'><span>public-sector funds<\/span><\/label><br \/><input type='radio' name='answer-8631' id='answer-id-51702' class='answer answer-1' value='51702' onclick='saveAnswer(\"answer-8631\", \"answer-id-51702\")' disabled \/>&nbsp;<label for='answer-id-51702' id='answer-label-51702' class='answer label-1'><span>private-sector funds<\/span><\/label><br \/><input type='radio' name='answer-8631' id='answer-id-51703' class='answer answer-1' value='51703' onclick='saveAnswer(\"answer-8631\", \"answer-id-51703\")' disabled \/>&nbsp;<label for='answer-id-51703' id='answer-label-51703' class='answer label-1'><span>a complex array of public-sector and private-sector funds<\/span><\/label><br \/><\/div><div class='quizzin-question' id='question-2'><div class='question-content'> 2:  By the time a private equity firm acquires a company, it typically has a plan in place to<\/div><input type='hidden' name='question_id[]' value='8632' \/><input type='radio' name='answer-8632' id='answer-id-51762' class='answer answer-2' value='51762' onclick='saveAnswer(\"answer-8632\", \"answer-id-51762\")' disabled \/>&nbsp;<label for='answer-id-51762' id='answer-label-51762' class='answer label-2'><span>enhance client well-being<\/span><\/label><br \/><input type='radio' name='answer-8632' id='answer-id-51763' class='answer answer-2' value='51763' onclick='saveAnswer(\"answer-8632\", \"answer-id-51763\")' disabled \/>&nbsp;<label for='answer-id-51763' id='answer-label-51763' class='answer label-2'><span>expand resources for clients<\/span><\/label><br \/><input type='radio' name='answer-8632' id='answer-id-51764' class='answer answer-2' value='51764' onclick='saveAnswer(\"answer-8632\", \"answer-id-51764\")' disabled \/>&nbsp;<label for='answer-id-51764' id='answer-label-51764' class='answer label-2'><span>care for those who are vulnerable<\/span><\/label><br \/><input type='radio' name='answer-8632' id='answer-id-51765' class='answer answer-2' value='51765' onclick='saveAnswer(\"answer-8632\", \"answer-id-51765\")' disabled \/>&nbsp;<label for='answer-id-51765' id='answer-label-51765' class='answer label-2'><span>increase the investment's worth<\/span><\/label><br \/><\/div><div class='quizzin-question' id='question-3'><div class='question-content'> 3:  In recent years, venture capital has been invested heavily in<\/div><input type='hidden' name='question_id[]' value='8634' \/><input type='radio' name='answer-8634' id='answer-id-51996' class='answer answer-3' value='51996' onclick='saveAnswer(\"answer-8634\", \"answer-id-51996\")' disabled \/>&nbsp;<label for='answer-id-51996' id='answer-label-51996' class='answer label-3'><span>outpatient behavioral health offices<\/span><\/label><br \/><input type='radio' name='answer-8634' id='answer-id-51997' class='answer answer-3' value='51997' onclick='saveAnswer(\"answer-8634\", \"answer-id-51997\")' disabled \/>&nbsp;<label for='answer-id-51997' id='answer-label-51997' class='answer label-3'><span>psychiatric facilities<\/span><\/label><br \/><input type='radio' name='answer-8634' id='answer-id-51998' class='answer answer-3' value='51998' onclick='saveAnswer(\"answer-8634\", \"answer-id-51998\")' disabled \/>&nbsp;<label for='answer-id-51998' id='answer-label-51998' class='answer label-3'><span>telehealth platforms for online therapy<\/span><\/label><br \/><input type='radio' name='answer-8634' id='answer-id-51999' class='answer answer-3' value='51999' onclick='saveAnswer(\"answer-8634\", \"answer-id-51999\")' disabled \/>&nbsp;<label for='answer-id-51999' id='answer-label-51999' class='answer label-3'><span>psychotropic drugs<\/span><\/label><br \/><input type='radio' name='answer-8634' id='answer-id-52000' class='answer answer-3' value='52000' onclick='saveAnswer(\"answer-8634\", \"answer-id-52000\")' disabled \/>&nbsp;<label for='answer-id-52000' id='answer-label-52000' class='answer label-3'><span>self-help smartphone apps<\/span><\/label><br \/><input type='radio' name='answer-8634' id='answer-id-52001' class='answer answer-3' value='52001' onclick='saveAnswer(\"answer-8634\", \"answer-id-52001\")' disabled \/>&nbsp;<label for='answer-id-52001' id='answer-label-52001' class='answer label-3'><span>all of the above<\/span><\/label><br \/><\/div><div class='quizzin-question' id='question-4'><div class='question-content'> 4:  In the first three quarters of 2022, private equity deals made up more than ___________ of behavioral health transactions.<\/div><input type='hidden' name='question_id[]' value='8636' \/><input type='radio' name='answer-8636' id='answer-id-52002' class='answer answer-4' value='52002' onclick='saveAnswer(\"answer-8636\", \"answer-id-52002\")' disabled \/>&nbsp;<label for='answer-id-52002' id='answer-label-52002' class='answer label-4'><span>30%<\/span><\/label><br \/><input type='radio' name='answer-8636' id='answer-id-52003' class='answer answer-4' value='52003' onclick='saveAnswer(\"answer-8636\", \"answer-id-52003\")' disabled \/>&nbsp;<label for='answer-id-52003' id='answer-label-52003' class='answer label-4'><span>40%<\/span><\/label><br \/><input type='radio' name='answer-8636' id='answer-id-52004' class='answer answer-4' value='52004' onclick='saveAnswer(\"answer-8636\", \"answer-id-52004\")' disabled \/>&nbsp;<label for='answer-id-52004' id='answer-label-52004' class='answer label-4'><span>50%<\/span><\/label><br \/><input type='radio' name='answer-8636' id='answer-id-52005' class='answer answer-4' value='52005' onclick='saveAnswer(\"answer-8636\", \"answer-id-52005\")' disabled \/>&nbsp;<label for='answer-id-52005' id='answer-label-52005' class='answer label-4'><span>60%<\/span><\/label><br \/><\/div><div class='quizzin-question' id='question-5'><div class='question-content'> 5:  Profit-seeking can incentivize<\/div><input type='hidden' name='question_id[]' value='8637' \/><input type='radio' name='answer-8637' id='answer-id-52008' class='answer answer-5' value='52008' onclick='saveAnswer(\"answer-8637\", \"answer-id-52008\")' disabled \/>&nbsp;<label for='answer-id-52008' id='answer-label-52008' class='answer label-5'><span>social justice<\/span><\/label><br \/><input type='radio' name='answer-8637' id='answer-id-52009' class='answer answer-5' value='52009' onclick='saveAnswer(\"answer-8637\", \"answer-id-52009\")' disabled \/>&nbsp;<label for='answer-id-52009' id='answer-label-52009' class='answer label-5'><span>equity<\/span><\/label><br \/><input type='radio' name='answer-8637' id='answer-id-52010' class='answer answer-5' value='52010' onclick='saveAnswer(\"answer-8637\", \"answer-id-52010\")' disabled \/>&nbsp;<label for='answer-id-52010' id='answer-label-52010' class='answer label-5'><span>social and political action<\/span><\/label><br \/><input type='radio' name='answer-8637' id='answer-id-52011' class='answer answer-5' value='52011' onclick='saveAnswer(\"answer-8637\", \"answer-id-52011\")' disabled \/>&nbsp;<label for='answer-id-52011' id='answer-label-52011' class='answer label-5'><span>service-delivery cuts<\/span><\/label><br \/><\/div><div class='quizzin-question' id='question-6'><div class='question-content'> 6:  A significant number of programs funded with venture capital are unregulated.<\/div><input type='hidden' name='question_id[]' value='8645' \/><input type='radio' name='answer-8645' id='answer-id-52016' class='answer answer-6' value='52016' onclick='saveAnswer(\"answer-8645\", \"answer-id-52016\")' disabled \/>&nbsp;<label for='answer-id-52016' id='answer-label-52016' class='answer label-6'><span>True<\/span><\/label><br \/><input type='radio' name='answer-8645' id='answer-id-52017' class='answer answer-6' value='52017' onclick='saveAnswer(\"answer-8645\", \"answer-id-52017\")' disabled \/>&nbsp;<label for='answer-id-52017' id='answer-label-52017' class='answer label-6'><span>False<\/span><\/label><br \/><\/div><div class='quizzin-question' id='question-7'><div class='question-content'> 7:  The carried interest provision in US tax law allows private equity managers to be taxed at __________ on the bulk of their compensation.<\/div><input type='hidden' name='question_id[]' value='8646' \/><input type='radio' name='answer-8646' id='answer-id-52020' class='answer answer-7' value='52020' onclick='saveAnswer(\"answer-8646\", \"answer-id-52020\")' disabled \/>&nbsp;<label for='answer-id-52020' id='answer-label-52020' class='answer label-7'><span>the capital gains tax rate<\/span><\/label><br \/><input type='radio' name='answer-8646' id='answer-id-52021' class='answer answer-7' value='52021' onclick='saveAnswer(\"answer-8646\", \"answer-id-52021\")' disabled \/>&nbsp;<label for='answer-id-52021' id='answer-label-52021' class='answer label-7'><span>federal tax rates<\/span><\/label><br \/><\/div><div class='quizzin-question' id='question-8'><div class='question-content'> 8:  Social workers should use ______ language to inform clients of the purpose of the services, risk related to the services, and limits to services.<\/div><input type='hidden' name='question_id[]' value='8647' \/><input type='radio' name='answer-8647' id='answer-id-52030' class='answer answer-8' value='52030' onclick='saveAnswer(\"answer-8647\", \"answer-id-52030\")' disabled \/>&nbsp;<label for='answer-id-52030' id='answer-label-52030' class='answer label-8'><span>clear and understandable <\/span><\/label><br \/><input type='radio' name='answer-8647' id='answer-id-52031' class='answer answer-8' value='52031' onclick='saveAnswer(\"answer-8647\", \"answer-id-52031\")' disabled \/>&nbsp;<label for='answer-id-52031' id='answer-label-52031' class='answer label-8'><span>legal<\/span><\/label><br \/><input type='radio' name='answer-8647' id='answer-id-52032' class='answer answer-8' value='52032' onclick='saveAnswer(\"answer-8647\", \"answer-id-52032\")' disabled \/>&nbsp;<label for='answer-id-52032' id='answer-label-52032' class='answer label-8'><span>technical<\/span><\/label><br \/><input type='radio' name='answer-8647' id='answer-id-52033' class='answer answer-8' value='52033' onclick='saveAnswer(\"answer-8647\", \"answer-id-52033\")' disabled \/>&nbsp;<label for='answer-id-52033' id='answer-label-52033' class='answer label-8'><span>contractural<\/span><\/label><br \/><\/div><div class='quizzin-question' id='question-9'><div class='question-content'> 9:  Social workers should inform clients when a real or potential conflict of interest arises and take reasonable steps to resolve the issue in a manner that protects and prioritizes \u00a0________.<\/div><input type='hidden' name='question_id[]' value='8649' \/><input type='radio' name='answer-8649' id='answer-id-52034' class='answer answer-9' value='52034' onclick='saveAnswer(\"answer-8649\", \"answer-id-52034\")' disabled \/>&nbsp;<label for='answer-id-52034' id='answer-label-52034' class='answer label-9'><span>investors' interests<\/span><\/label><br \/><input type='radio' name='answer-8649' id='answer-id-52035' class='answer answer-9' value='52035' onclick='saveAnswer(\"answer-8649\", \"answer-id-52035\")' disabled \/>&nbsp;<label for='answer-id-52035' id='answer-label-52035' class='answer label-9'><span>program interests<\/span><\/label><br \/><input type='radio' name='answer-8649' id='answer-id-52036' class='answer answer-9' value='52036' onclick='saveAnswer(\"answer-8649\", \"answer-id-52036\")' disabled \/>&nbsp;<label for='answer-id-52036' id='answer-label-52036' class='answer label-9'><span>financial interests<\/span><\/label><br \/><input type='radio' name='answer-8649' id='answer-id-52037' class='answer answer-9' value='52037' onclick='saveAnswer(\"answer-8649\", \"answer-id-52037\")' disabled \/>&nbsp;<label for='answer-id-52037' id='answer-label-52037' class='answer label-9'><span>clients' interests<\/span><\/label><br \/><\/div><div class='quizzin-question' id='question-10'><div class='question-content'> 10:  Social workers employed in programs under the auspices of private equity investors who have evidence that clients' needs would be better served by other programs have an ethical obligation to<\/div><input type='hidden' name='question_id[]' value='8654' \/><input type='radio' name='answer-8654' id='answer-id-52022' class='answer answer-10' value='52022' onclick='saveAnswer(\"answer-8654\", \"answer-id-52022\")' disabled \/>&nbsp;<label for='answer-id-52022' id='answer-label-52022' class='answer label-10'><span>refer them<\/span><\/label><br \/><input type='radio' name='answer-8654' id='answer-id-52023' class='answer answer-10' value='52023' onclick='saveAnswer(\"answer-8654\", \"answer-id-52023\")' disabled \/>&nbsp;<label for='answer-id-52023' id='answer-label-52023' class='answer label-10'><span>enhance revenue<\/span><\/label><br \/><input type='radio' name='answer-8654' id='answer-id-52024' class='answer answer-10' value='52024' onclick='saveAnswer(\"answer-8654\", \"answer-id-52024\")' disabled \/>&nbsp;<label for='answer-id-52024' id='answer-label-52024' class='answer label-10'><span>report to board members<\/span><\/label><br \/><input type='radio' name='answer-8654' id='answer-id-52025' class='answer answer-10' value='52025' onclick='saveAnswer(\"answer-8654\", \"answer-id-52025\")' disabled \/>&nbsp;<label for='answer-id-52025' id='answer-label-52025' class='answer label-10'><span>protect investments<\/span><\/label><br \/><\/div><div class='quizzin-question' id='question-11'><div class='question-content'> 11:  Social workers who have evidence that programs that employ them have policies and protocols that violate social work values and ethical standards because of private equity investment have a duty to<\/div><input type='hidden' name='question_id[]' value='8655' \/><input type='radio' name='answer-8655' id='answer-id-51967' class='answer answer-11' value='51967' onclick='saveAnswer(\"answer-8655\", \"answer-id-51967\")' disabled \/>&nbsp;<label for='answer-id-51967' id='answer-label-51967' class='answer label-11'><span>follow directions<\/span><\/label><br \/><input type='radio' name='answer-8655' id='answer-id-51968' class='answer answer-11' value='51968' onclick='saveAnswer(\"answer-8655\", \"answer-id-51968\")' disabled \/>&nbsp;<label for='answer-id-51968' id='answer-label-51968' class='answer label-11'><span>make the best of it<\/span><\/label><br \/><input type='radio' name='answer-8655' id='answer-id-51969' class='answer answer-11' value='51969' onclick='saveAnswer(\"answer-8655\", \"answer-id-51969\")' disabled \/>&nbsp;<label for='answer-id-51969' id='answer-label-51969' class='answer label-11'><span>satisfy investor needs<\/span><\/label><br \/><input type='radio' name='answer-8655' id='answer-id-51970' class='answer answer-11' value='51970' onclick='saveAnswer(\"answer-8655\", \"answer-id-51970\")' disabled \/>&nbsp;<label for='answer-id-51970' id='answer-label-51970' class='answer label-11'><span>change jobs<\/span><\/label><br \/><input type='radio' name='answer-8655' id='answer-id-51971' class='answer answer-11' value='51971' onclick='saveAnswer(\"answer-8655\", \"answer-id-51971\")' disabled \/>&nbsp;<label for='answer-id-51971' id='answer-label-51971' class='answer label-11'><span>bring their concerns to the attention of people in positions of authority and seek constructive change<\/span><\/label><br \/><\/div><p><strong>In order to purchase or take this course, you will need to <a href=?action=login>log in<\/a>. If you do not have an account, you will need to <a href=?action=register>register for a free account<\/a>.<p>After you log in, a link will appear here that will allow you to purchase this course. <\/p><\/strong><\/form><\/div><\/font>\n<p>Review our\u00a0<a href=\"..\/?page_id=133\" target=\"_blank\" rel=\"noopener noreferrer\">pre-reading study guide.<\/a><\/p>\n<p>G.M. Rydberg-Cox, MSW, LSCSW is the Continuing Education Director at Free State Social Work and responsible for the development of this course. \u00a0She received her Masters of Social Work in 1996 from the Jane Addams School of Social Work at the University of Illinois-Chicago and she has over 20 years of experience. \u00a0She has lived and worked as a social worker in Chicago, Boston, and Kansas City. \u00a0She has practiced for many years in the area of hospital\/medical social work. \u00a0The reading materials for this course were developed by another organization.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Program Summary: \u00a0This course explores ethical implications and challenges related to private equity investment in the field of social services. \u00a0The course offers an overview of private equity in social services and uses the NASW Code of Ethics as a guide to address potential concerns. \u00a0Ethical standards related to informed consent, conflicts of interest, professional [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-60214","post","type-post","status-publish","format-standard","hentry","category-ethics"],"_links":{"self":[{"href":"https:\/\/www.freestatesocialwork.com\/index.php?rest_route=\/wp\/v2\/posts\/60214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.freestatesocialwork.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.freestatesocialwork.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.freestatesocialwork.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.freestatesocialwork.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60214"}],"version-history":[{"count":0,"href":"https:\/\/www.freestatesocialwork.com\/index.php?rest_route=\/wp\/v2\/posts\/60214\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.freestatesocialwork.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.freestatesocialwork.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.freestatesocialwork.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}