Forbes reported on a study by health economists at UCLA and Lehigh University. Nursing home owners understate profits to federal regulators by shifting income to related businesses. Ashvin Gandhi and financial economist Andrew Olenski looked into how operators “tunnel” expenses to related parties. The bottom line is that staffing levels within nursing homes will increase
The Iowa Capital Dispatch reported the tragic case of a wheelchair-bound vulnerable adult was locked outside of the Dubuque Specialty Care nursing home all night. The incident began when the resident became upset with the new policy that prevented residents from smoking anywhere outside the building. The man reportedly told the staff, “I’m getting the
A 2021 LAist investigation for a nursing home chain has finally reached a settlement of $7 million over allegations of falsely billing the government for Medicare during a COVID waiver program. To free up some hospital beds during the pandemic, the federal government waived the requirement for nursing home residents to have been hospitalized for
The State reported that Keisha Carroll Banks was an employee with Ridgeway Manor Health Care in Ridgeway, SC. She is now heading to federal prison for pleading guilty to wire fraud and stealing money from the nursing home where she worked. Banks was able to access the money of a resident who resides at the
McKnights reported the US Department of Health and Human Services Office of Inspector General has been investigating Supportive Care Holdings LLC and its CEO, Joseph Newmark, for alleged billing misconduct between 2019 and 2023. This company offered mental telehealth services to skilled nursing facility residents. Telehealth services have recently become very popular for seniors and
Expert Charlene Harrington raised concerns about future investments in the nursing home sector through a recent critical analysis. Harrington’s article criticized how operators like PruittHealth and the Portopiccolo Group prioritize cost-cutting and profits over patient care. They tunnel money to related entities for worthless or nonexistent “management services.” The industry has weak enforcement of standards with