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STAT+: Nursing home owners can hide nearly two-thirds of their profits, new study shows

STAT

A new study shows that some nursing homes are shunting the majority of their profits off of their own books and into less-visible corners of their owners’ pockets. Nursing homes are hiding their profits by funneling them to “related parties” — companies that share the same owner.

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Opinion: Without federal oversight, nursing homes will put profit ahead of care

STAT

The horrific reports of more than 200,000 deaths of nursing home residents and staff during the Covid-19 pandemic put the nursing home industry under intense national scrutiny. But not all nursing homes experienced this level of tragedy and loss.

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STAT+: Nursing homes sue over Biden administration’s minimum staffing rule

STAT

A new federal lawsuit challenging the Biden administration’s new minimum nursing home staffing rule lays out the worst-case scenario: Hundreds of long-term care facilities forced to downsize or close, tens of thousands of vulnerable seniors displaced, and countless others waiting longer for care.

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Opinion: Pandemic lessons must spur federal action to protect nursing home residents

STAT

About one-third of Americans who reach age 65 will need nursing home care in their lifetimes — which can be a daunting thought if you recall the suffering of residents as the Covid-19 pandemic exposed long-standing problems in nursing homes.

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U.S. plans crackdown on nursing homes that sedate patients with unnecessary antipsychotics

STAT

WASHINGTON (AP) — The federal government says it will begin a targeted crackdown on nursing homes’ abuse of antipsychotic drugs and misdiagnoses of schizophrenia in patients.

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Opinion: Private equity: health care’s vampire

STAT

Private equity firms are sucking the resources out of America’s hospitals and nursing homes, and feeding on doctors to generate profits. Read the rest…

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Phony Diagnoses Hide High Rates of Drugging at Nursing Homes

NY Times

At least 21 percent of nursing home residents are on antipsychotic drugs, a Times investigation found.