In a proposed rule, the Centers for Medicare & Medicaid Services will use a tool included in the Affordable Care Act to require more information on nursing home owners, managers and real estate and other partners. The rule cites a 2021 analysis from the Journal of the American Medical Association that found private equity companies seek annual returns of
McKnight’s reported Paul Walczak, a nursing home owner, was indicted on charges he willfully failed to pay more than $6 million in taxes. The Department of Justice said he used the funds to purchase a yacht, lease luxury vehicles and charter private international flights. He stole withholdings from employees’ paychecks. Walczak owned multiple healthcare companies between 2009
Technology as a Safety Intervention Wandering and elopements are dangerous for residents with dementia. Fox8 reported on new technology to help protect residents with dementia who wander. Supervision and safe staffing are the best safety interventions but technology can help save lives. For example, the Wayne County Sheriff’s Office uses technology to find missing people.
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