HEALTH AND HUMAN SERVICES DEPARTMENT RELEASES NURSING HOME OWNER, MANAGER DISCLOSURE RULE
The U.S. Department of Health and Human Services (HHS) has enacted new disclosure requirements for nursing homes enrolled in Medicare and Medicaid. The new requirements are part of the Biden administration’s initiative to increase transparency in reporting ownership due to research that link private equity backed nursing homes to increased costs and patient hospitalizations and decline in quality-of-care standards.
In addition to disclosure of nursing home ownership, the new rules require facilities to disclose any leasing agreements, administrative and consulting arrangements, as well as any financial entities that control the facilities. These disclosures are now necessary and must be accurately reflected in your Medicare enrollment forms, specifically the 855A.
These regulations are effective on January 16, 2024. We encourage impacted clients to review and update their enrollment forms to ensure compliance.
The final rule can be found at: 88 FR 80141.
The healthcare attorneys at Abrams Fensterman are committed to providing you with the most current and accurate information and guidance. If you have any questions, please contact Patrick Formato, Esq., Barbara Stegun Phair, Esq., Michael Bass, Esq., Violetta Fattakhova, Esq. or any other attorney in our health law practice group.