“Related party transaction” refers to a financial practice that diverts funds in for-profit nursing home chains. A recent article discussed the improper diversion of taxpayer funds to shell companies owned by the operator of the nursing home. These entities are known as “related parties or entities”. These related entities have common ownership or control. The profitable
Emergency Preparedness Lawmakers have since passed legislation mandating nursing homes to have powered generators. A new bill requires Louisiana nursing homes’ emergency preparedness plans to be approved by the state’s Department of Health each year. Providers must review and update its emergency preparedness plan and submit the full plan to the Louisiana Department of Health by
Revenue and Spending There has been a lot of noise, confusion, and disinformation from the industry about revenue and Medicare “cuts”. Skilled nursing experienced an increase in Medicare spending while spending overall for 32 million Medicare beneficiaries declined in 2020. Skilled nursing facilities manipulate and exploit PDPM reimbursement to maximize profits. Kaiser Family Foundation confirmed
Federal Nursing Home Reform Amendments The Supreme Court will soon decide on certain rights of nursing home residents. This is complicated but it has significant ramifications for future cases against nursing homes. Can residents in government facilities enforce the rights set out in the Federal Nursing Home Reform Amendments (FNHRA) meant to protect the health,
The bloated and expensive nursing home industry is finally becoming more efficient. More than 300 nursing homes have closed during the COVID-19 pandemic and another 400 could go out of business this year. There are 15,600 nursing homes in the United States. 400 is 2.5%. Lack of occupancy, unsafe staffing levels, and CMS fixing the
Recognition Grief is a common, normal human emotion, and a natural reaction to loss. The New York Times had an interesting article on grief. How long should it take to overcome grief? Is there a “normal” time? Based on what? Grief typically resolves within 6 to 12 months. Some people continue to experience the symptoms
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