Chief Healthcare Executive February 15, 2023
The Department of Health & Human Services proposed a rule that would require facilities to disclose ownership by private equity. Advocates for nursing homes say the issue distracts from the need for more funding.
President Biden has pushed to improve the quality of nursing homes, and now his administration has taken steps to shed more light on the owners of long-term care facilities.
The Biden administration announced this week that it is proposing new rules to offer more transparency on nursing home ownership. The U.S. Department of Health & Human Services issued a proposed rule to compel nursing homes to disclose more information about their ownership and management.
In addition, the rule also calls for nursing homes to disclose if...