In a proposed rule, the Centers for Medicare & Medicaid Services will use a tool included in the Affordable Care Act to require more information on nursing home owners, managers and real estate and other partners. The rule cites a 2021 analysis from the Journal of the American Medical Association that found private equity companies seek annual returns of
McKnight’s reported Paul Walczak, a nursing home owner, was indicted on charges he willfully failed to pay more than $6 million in taxes. The Department of Justice said he used the funds to purchase a yacht, lease luxury vehicles and charter private international flights. He stole withholdings from employees’ paychecks. Walczak owned multiple healthcare companies between 2009
As a nursing home attorney for over 25 years, we often see national chains that control operations and siphons funds away from the facility through related entities. National Labor Relations Board established standards for joint employment that defines how nursing homes work with third-party caregivers. Companies would be defined as joint employers if they work together
MACPAC is a non-partisan legislative branch agency that provides policy and data analysis. Their purpose is to make reasonable nonpartisan recommendations to Congress on Medicaid programs. They issued a report finding that without increased transparency in how nursing homes spend Medicaid dollars, it could not determine the actual costs of providing care. MACPAC was not
Major study links nursing home staff vaccinations to lower resident deaths. University of Chicago researchers calculated the data. The evidence proves that a 10-point vaccination increase would have prevented: 102.9 cases per 1,000 residents; 15.6 deaths per 1,000 residents; and 21,000 staff infections nationwide. JAMA Network Open published the landmark study. The first-of-its kind national
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