Bloomberg Law
Free Newsletter Sign Up
Bloomberg Law
Welcome
Go
Free Newsletter Sign Up

Biden Team to Review Nursing Home Ownership, Data Reporting

March 1, 2022, 6:08 PM

The Biden administration will examine the roles that private equity and real estate investment trusts play in the ownership of U.S. nursing homes and whether these corporate structures are serving the best interests of facility residents.

The renewed focus on nursing home operations, which President Joe Biden will highlight during his State of the Union speech Tuesday, comes as Covid-19 deaths for staff and residents in nursing homes and other long-term care facilities has topped 201,000, according to the Kaiser Family Foundation.

The president will also announce plans to establish federal mandatory staffing requirements at nursing homes and ask Congress ...