Biden Administration Prioritizes Nursing Home Reform; Targets Private Equity Ownership

On Monday, the Biden administration published a comprehensive set of intended nursing home reforms on Monday to be addressed in Biden's upcoming State of the Union.  Increased private equity ownership in the field appear to have motivated these far-reaching reforms with the White House indicating it would seek billions more in resources from Congress to fund its initiatives to  "establish a new minimum staffing ratio to protect residents, expand penalties for poor performing nursing homes and beef up scrutiny, improve transparency and Americans’ ability to comparison shop for the best home, strengthen value-based payment to ensure taxpayers pay for quality care, and continue to provide COVID-19 testing and vaccinations at nursing homes across the country.”

Read more about the Biden Harris Administration's Plans here.