With research showing that ownership can impact quality of care, the Centers for Medicare and Medicaid Services released a draft rule that would require nursing homes that participate in Medicare or Medicaid to disclose more information about care that is backed by private equity companies or real estate trusts.
The Biden administration today called for nursing homes to provide a complete picture of their owners and operators, proposing a new federal rule central to the president’s plans to improve the quality of care and contain healthcare costs at the facilities. The announcement comes a month after a report from the federal Government Accountability Office called for Medicare and Medicaid regulators to collect more information about nursing home ownership and to share it, in plain terms, with consumers. (Fraser, 2/13)
Nursing homes would have to disclose whether private equity firms or real estate investment trusts own or help operate their facilities under a proposed rule the Centers for Medicare and Medicaid Services issued Monday. President Joe Biden's administration contends that promoting transparency in nursing home ownership would improve safety and quality. Research has linked private equity and REIT ownership to lower staffing levels and subpar quality care. (Kacik, 2/13)
The proposal also would require nursing homes that receive Medicare and Medicaid reimbursement to share more information about individuals or organizations that provide administrative...
Patricia White, 70, of Old Greenwich, received a nine-month prison sentence for submitting false claims for unclaimed properties to around 30 state treasuries. HARRISBURG, Pa. — Months after her br...