Home Health & Hospice Week
CMS Shoots For Ownership Transparency
Don’t be surprised to see a push to make ownership and management of home health and hospice agencies more transparent — especially when the ownership is related to private equity investors. That’s what Medicare is doing in the skilled nursing facility arena. The Centers for Medicare & Medicaid Services has proposed a rule “to require nursing homes to disclose to CMS and states additional ownership and management information,” CMS notes in a release. “The rule also includes private equity and real estate investment trust definitions, setting the stage for the disclosure of whether nursing home owners” are those, it says. “CMS is committed to using every tool at our disposal to improve nursing home care and identify trends that enhance residents’ quality of life,” CMS Administrator Chiquita Brooks-LaSure says in the release. “If finalized, this rule would strengthen our ability to examine ownership types, including private equity and real estate investment trusts.” Bottom line: “By making facility ownership and oversight more transparent, nursing home residents and their families will be more empowered to make informed decisions about care,” CMS maintains. A fact sheet including a link to the rule is at www. cms.gov/newsroom/fact-sheets/disclosures-ownership-and-additional-disclosable-parties-information-skilled-nursing-facilities-and. Interested parties can comment on the rule until April 14.
Home Health & Hospice Week
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More Rural Hospitals Cut Their Home Health Programs
Two more hospitals, both in California, are shutting down their home health business lines. In [...] - Industry Notes:
CMS Shoots For Ownership Transparency
Don’t be surprised to see a push to make ownership and management of home health [...]
