Ways and Means Committee The Ways and Means Committee had an incredible hearing about private equity ownership in the nursing home industry. The hearing, “Examining Private Equity’s Expanded Role in the U.S. Health Care System” included witnesses calling for transparency and regulatory oversight of the private-equity investors. New York University assistant finance professor Sabrina Howell testified
Dumping and Falsifying Prosecutors in California recently brought suit against Brookdale Senior Living, Inc., the largest senior living facility operator in the United States. Brookdale gave false information to inflate their quality ratings according to California attorney general Xavier Becerra. The lawsuit against Brookdale Senior Living claims that the operator falsified staffing records in order to
Falsification Block Club Chicago reported a Chicago nursing home inspector didn’t show up to facilities for at least a year and falsified dozens of inspection reports. An “elder protective investigator” never showed up at those facilities. Instead he filed fake visit reports according to an investigation from Inspector General’s office. “The Chicago Department of Family
Becker’s Hospital CFO Report stated that CMS will cut Medicare payments to 774 hospitals in 2021. These hospitals had the highest rates of avoidable/preventable injuries and infections. Five things to know: 1. The Hospital-Acquired Conditions Reduction Program prevents harm to patients by providing a financial incentive for hospitals to prevent hospital-acquired conditions. A hospital’s total score
Sen. Elizabeth Warren intensified her fiery defense of nursing home residents. Senator Warren questioned Genesis HealthCare’s hefty bonus to CEO George Hager. Hager quit after failing the residents during the pandemic. But he took $5.2. million bonus first. The chain has been mismanaged and struggled financially for years. Genesis received about $417 million in state
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