Nationally, many nursing homes are owned by groups of out-of-state and unknown investors who have formed limited liability corporations to avoid accountability and operate each of their facilities. The facility owners are affiliated with other for-profit vendors that sell their services — such as management, staffing and resident therapy — to the nursing homes. Such
CMS will finally require nursing home owners and operators to disclose details about related entities and ownership structures. For decades, the industry was allowed to siphon taxpayer funds to shell companies providing worthless services. The rule includes and defines both private equity and real estate investment trust owners. CMS Administrator Chiquita Brooks-LaSure said in a
Maya Goldman at Axios wrote about a recent Gallup survey showing people do not like nursing homes. Americans give nursing homes an average D+ grade for quality of care. No one wants to go to a nursing home when they could no longer care for themselves, according to a new survey from West Health and Gallup.
The Centers for Medicare & Medicaid Services released the final version of the new Resident Assessment Instrument manual to complete the necessary reform of the Minimum Data Set (MDS) nursing home resident assessment tool before the Oct. 1 implementation. This tool determines the level of acuity of individual residents and as a facility aggregate. The “Final”
McKnight’s reported another settlement involving a kickback scheme. Alta Vista Healthcare & Wellness Centre nursing home run by the infamous Shlomo Rechnitz, the largest nursing home owner in California. He agreed to pay $3.8 million to settle kickback allegations and violations of the False Claims Act. A press release stated Alta Vista also paid physicians
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