The Center for Medicare & Medicaid Services (CMS) has proposed a new rule that will require the disclosure of certain ownership, managerial, and other information regarding Medicare skilled facilities (SNFs) and Medicaid nursing facilities. See the link to the federal register for more details: Medicare and Medicaid Programs; Disclosures of Ownership and Additional Disclosable Parties Information
A $105 million civil whistleblower lawsuit filed alleging CARES Act fraud. The 2020 program was meant to assist small businesses and was funded through the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act. The lawsuit shows the need for oversight on how nursing home operators spent COVID relief funds. The taxpayer money was
The nursing home today is largely considered a real estate play. What does the next generation of the nursing home look like? Where does the health-care-centric investor fit in or around it? Utah-based Providence Group is a management and ownership chain of 152 nursing home facilities. Providence Group operates in the states of South Carolina,
Recently, the Consumer Financial Protection Bureau published policy statements on debt collection in the nursing home industry. See Federal Register. This is great news for families. The CFPB highlights “some of the difficulties and experiences heard from caregivers about being pursued over friends’ or family members’ alleged debts from nursing home facilities.” A Kaiser Family
Fierce Healthcare reported on a new study about specialists in the nursing home industry. JAMA recently published a study showing the number of doctors and advanced practitioners who specialize on nursing home care increased by more than a third between 2012 and 2015. The number of specialists rose from 5,127 to 6,857, an increase of 33.7%.
Civil Rights The Nebraska Examiner reported something disturbing you should know before you vote. Next week, the Supreme Court may continue taking away your rights. The U.S. Supreme Court will hear oral arguments in an Indiana case. The case will have national implications for millions of American citizens participating in federal programs. Patients could lose
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