Just days ago officials with the newly formed Department of Government Efficiency (DOGE) were granted access to agency systems and technology at the Centers for Medicare & Medicaid Services (CMS), but it’s unclear how the department plans to use such findings, or what sort of impact it would have on nursing homes. Nursing home associations […]
The Wall Street Journal
Nursing home operators are notifying their residents of compromised data, as a result of a hacking incident involving Russian-speaking cybercriminal group RansomHub last fall. Nearly 70,000 residents have been affected, with Ohio-based HCF Management hacked in October, according to a report from BankInfo Security. The operator is facing two federal class action lawsuits tied to […]
Sen. Elizabeth Warren sent a letter asking for an explanation of a $5.2 million retention bonus paid to the former CEO of Genesis HealthCare (NYSE: GEN), one of the largest nursing home operators in the country — and one of the hardest-hit financially amid the COVID-19 pandemic. The letter was sent on January 27 to […]
The emergency use authorization (EUA) granted to Pfizer’s (NYSE: PFE) COVID-19 vaccine late on Friday launched a flurry of promises and commitments to get the vaccine out to vulnerable long-term care residents as quickly as possible. Alex Azar, the secretary of the Department of Health and Human Services (HHS) suggested on Sunday in an interview […]
The skilled nursing world has seen its share of bankruptcies over the last few years, and this past week a vendor with a heavy concentration in the space blamed the industry’s woes for its own filing. Joerns, a private-equity owned company that makes medical equipment, began Chapter 11 bankruptcy proceedings late last month, citing post-acute […]
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