A new study shows that nursing homes are hiding the bulk of their profits in order to bolster arguments for increased funding despite being unable to meet proposed quality standards or accept Medicare payment cuts.
The study, Tunneling and Hidden Profits in Health Care, was conducted by the University of California, Los Angeles...
Last week, the Centers for Medicare and Medicaid Services (CMS) finalized a rule that would define private equity and real estate investment trusts as they relate to nursing home ownership, a step forward in the Biden administration's plans to improve quality of care in nursing homes and scrutinize nursing home ownership...
Nursing homes will be required to disclose outside investors in their ownership or operations management if a new proposed rule issued on Monday by the Centers for Medicare and Medicaid Services (CMS) is finalized.
Last week, the Government Accountability Office (GAO) issued a report calling for increased transparency on nursing home...