In this compelling episode of the None of Your Business Podcast, Michael Greenfield and Ushy Schwartz sit down with Chaim Sieger, a true legend in the nursing home industry. With nearly five decades of experience, Chaim has witnessed firsthand the rise, fall, and transformation of the business—from a time when regulations were loose and deals were sealed with a handshake to today’s highly scrutinized, tightly regulated world of healthcare.
Chaim takes us on a remarkable journey, from starting out as a bookkeeper in 1974 to becoming the owner and operator of one of New York’s highest-rated nursing homes. He opens up about the tough decisions that shaped his career, the lessons he learned from failure, and why he chose quality of life over endless expansion, even when others were chasing bigger and bigger deals.
But this conversation goes beyond business. Chaim shares his deep commitment to patient care, his unwavering ethics, and how he instills these values in the next generation. He also reveals the dark side of the industry, the pressures of running a five-star facility, and why so many ambitious operators burn out chasing profits instead of focusing on what really matters.
Why did Chaim turn down the chance to build an empire of nursing homes? What’s the biggest mistake young operators are making today? And how did he save a Jewish patient from cremation—leading to an unbelievable twist of fate? Tune in for a raw, unfiltered discussion about legacy, business, and what it really takes to succeed in the world of healthcare. Whether you’re in the industry or just love a great success story, this episode will leave you thinking differently about ambition, integrity, and the true cost of success.
0:00 Introduction to a Legend
02:08 Early Career and Challenges
04:09 Building and Expanding the Business
06:00 Transition and Semi-Retirement
07:24 Maintaining Excellence
10:10 Personal Insights and Values
21:03 Reflections on Success and Contentment
23:01 The Joy of Simple Pleasures
23:28 Insights on Nursing Home Profits
24:22 The Importance of Patient Care
25:59 Challenges in the Nursing Home Industry
28:52 Navigating Financial Hardships
32:04 Reflections and Advice for the Younger Generation
38:16 Heartwarming Stories from the Nursing Home
42:33 Final Thoughts and Farewell
This episode is proudly sponsored by Serenity Center.
At Serenity Center, your story matters. Grounded in a multicultural framework, they are dedicated to providing premium, knowledgeable, and versatile mental health services that are accessible to all. With a person-centered approach at the heart of their mission, Serenity Center is here to help you and your loved ones find serenity.
Contact Serenity Center:
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