Days after the Trump administration issued an executive order to freeze federal aid, it has been rescinded. The order affected Medicaid funding, with at least 20 states on Tuesday unable to draw funds. More than six out of 10 nursing home residents rely on Medicaid to cover their daily care; it’s a critical safety net […]
The Washington Post
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 […]
Skilled nursing chain HCR ManorCare’s struggles were the direct result of its former private equity ownership, a Sunday report in The Washington Post alleged. The paper analyzed inspection records as part of the wide-ranging story, finding that the number of health code violations found at ManorCare rose from 1,584 in 2013 to nearly 2,000 in 2017 […]