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
Studies and investigations have shown that private equity owned nursing home facilities are “tunneling funds” to hide profits as fees to related entities or affiliated companies. These companies are common ownership or common control. Facilities claim they are broke but they are actually pocketing the money towards real estate and management fees. The taxpayer money
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