{"id":19681,"date":"2022-04-13T15:52:12","date_gmt":"2022-04-13T19:52:12","guid":{"rendered":"https:\/\/medicarereport.org\/?p=19681"},"modified":"2022-04-13T15:52:14","modified_gmt":"2022-04-13T19:52:14","slug":"private-equity-ownership-of-nursing-homes-triggers-capitol-hill-questions-and-a-gao-probe","status":"publish","type":"post","link":"https:\/\/medicarereport.org\/?p=19681","title":{"rendered":"Private Equity Ownership of Nursing Homes Triggers Capitol Hill Questions \u2014 And a GAO Probe"},"content":{"rendered":"\n

(By Victoria Knight for Kaiser Health News)<\/p>\n\n\n\n

In his State of the Union address last month, President Joe Biden focused attention on how private equity ownership of nursing homes can affect residents\u2019 health.<\/p>\n\n\n\n

\u201cAs Wall Street firms take over more nursing homes, quality in those homes has gone down and costs have gone up. That ends on my watch,\u201d Biden said.<\/p>\n\n\n\n

Those comments dovetail with growing interest from Congress.<\/p>\n\n\n\n

The Government Accountability Office, for instance, is investigating the ownership of nursing homes, including by private equity firms, and expects to issue a report in the fall, said Chuck Young, the GAO\u2019s managing director of public affairs. \u201cThe full scope of what we will cover has not been set yet, however the work will likely be focused on the information [the Centers for Medicare & Medicaid Services] has about nursing home ownership and how the agency uses that information,\u201d Young wrote in an email. Continue reading here…<\/a><\/p>\n\n\n\n

Kaiser Health News is a nonprofit national health policy news service that is part of the nonpartisan Henry J. Kaiser Family Foundation<\/p>\n\n\n\n

\"\"<\/p>\n\n\n\n

Notice: <\/strong>The link provided above connects readers to the full content of the posted article. The URL (internet address) for this link is valid on the posted date; medicarereport.org cannot guarantee the duration of the link\u2019s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc.; the AMAC Foundation, Inc.; or medicarereport.org<\/p>\n","protected":false},"excerpt":{"rendered":"

(By Victoria Knight for Kaiser Health News) In his State of the Union address last month, President Joe Biden focused<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,24],"tags":[],"class_list":["post-19681","post","type-post","status-publish","format-standard","hentry","category-health-care-finance","category-nursing-homes"],"_links":{"self":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/19681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19681"}],"version-history":[{"count":1,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/19681\/revisions"}],"predecessor-version":[{"id":19682,"href":"https:\/\/medicarereport.org\/index.php?rest_route=\/wp\/v2\/posts\/19681\/revisions\/19682"}],"wp:attachment":[{"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medicarereport.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}