Efforts to draw attention to and, in some instances, dissuade private equity investment in healthcare have been on the rise. For example, in late 2023, the Centers for Medicare & Medicaid Services finalized a rule increasing...more
An incoming operator of a senior living facility should consider and mitigate risks of potential successor liability when agreeing to operate a new facility.1 This is particularly true when the former operator has filed for...more
7/20/2022
/ Asset Management ,
Assisted Living Facilities (ALFs) ,
Business Assets ,
Business Transfer Agreements ,
Commercial Bankruptcy ,
Elder Care ,
Elder Issues ,
Health Care Providers ,
Healthcare ,
Healthcare Facilities ,
Senior Housing ,
Successor Liability
The Health Resources & Services Administration (“HRSA”) has allowed Provider Relief Fund (“Fund”) recipients who failed to timely report on use of Funds, but still retained them, to request to report late. We previously...more
States now have through March 31, 2025 to use the federal medical assistance percentage (FMAP) funding made available by the American Rescue Plan Act (ARPA). The announcement was made by the U.S. Department of Health and...more
Georgia assisted living communities and personal care homes will be eligible for up to $100,000 of grant funding to reimburse COVID-related expenses. Georgia Governor Brian P. Kemp announced he will award over $217 million...more
5/4/2022
/ American Rescue Plan Act of 2021 ,
Assisted Living Facilities (ALFs) ,
Change of Ownership ,
Coronavirus/COVID-19 ,
Federal Funding ,
Georgia ,
Health Care Providers ,
Healthcare ,
Healthcare Facilities ,
Infectious Diseases ,
Long Term Care Facilities ,
Reasonable Prevention Procedures ,
Risk Mitigation
On April 11, 2022, the Health Resources & Services Administration (“HRSA”) opened a portal that allows providers who were required to report on use of funds under Provider Relief Fund Reporting Period 1, but failed to do so,...more
President Biden recently announced his Federal Fiscal Year Budget Proposal, which included a proposal to hold long-term care (LTC) facility owners accountable for noncompliant closures and substandard care.
Specifically,...more
4/6/2022
/ Biden Administration ,
Change of Ownership ,
Federal Budget ,
Health Care Providers ,
Healthcare ,
Healthcare Reform ,
Long Term Care Facilities ,
Long-Term Care ,
Nursing Homes ,
Regulatory Agenda ,
Standard of Care
Continuing the theme of increased transparency of ownership of nursing homes included in the 2010 Affordable Care Act, the White House issued a Fact Sheet titled “Protecting Seniors and People with Disabilities by Improving...more
3/9/2022
/ Affordable Care Act ,
Assisted Living Facilities (ALFs) ,
Biden Administration ,
Business Ownership ,
Centers for Medicare & Medicaid Services (CMS) ,
Change in Ownership ,
Department of Health and Human Services (HHS) ,
Elder Care ,
Health and Safety ,
Health Care Providers ,
Healthcare ,
Healthcare Reform ,
Long Term Care Facilities ,
Medicaid ,
Medicare ,
Nursing Homes ,
Private Equity ,
REIT ,
Transparency
Illinois legislators are taking action to increase scrutiny of nursing home ownership. The disclosure provisions are included in the Compromise Nursing Home Rate Reform Bills (HB 4678)....more
In response to media reports regarding alleged deficient practices in some of Georgia’s long-term care facilities, House Bill 987 (“HB 987”) was signed into law on June 30, 2020, amending Title 31 of the O.C.G.A....more
2/21/2022
/ Affidavits ,
Assisted Living Facilities (ALFs) ,
Change of Ownership ,
Georgia ,
Healthcare ,
Healthcare Facilities ,
Healthcare Reform ,
Licensing Rules ,
Long Term Care Facilities ,
Regulatory Requirements ,
Regulatory Standards