New reports have surfaced indicating that the Biden administration is proposing new rules for The Centers for Medicare & Medicaid Services (CMS) that would require more transparency about the owners and managers of nursing homes in the United States, as well as other entities that are “making money” from nursing homes. If finalized, the new rules would provide more transparency, allowing the public to see more information about who is actually profiting from nursing homes, including private equity companies and real estate investment trusts (REITs).
In the last decade+ of our practice, we’ve exclusively focused on Texas nursing home abuse cases. In that time, we’ve learned a lot about how Texas nursing homes are owned, managed, and operated. Texas nursing homes are notorious for providing some of the worst care to residents in the country. In our experience, the owners and management companies get in the nursing home game for money. They put their own profits over the safety of their residents.
As a result, the facilities are routinely understaffed and the people caring for our loved ones are often grossly underpaid and undertrained. The laws in Texas and federal rules regarding what information nursing homes must disclose publicly allows Texas nursing homes to continue to operate like this. We do our best to hold them accountable for injuries to your loved one, but until more transparency is required, they will continue to take advantage and line their pockets.
Rule changes like this are a great step in the right direction. We’ve been saying it for years, but it’s time we hold these for-profit companies accountable to ensure our loved ones are getting the best care.
If you or a loved one has been injured in a Texas nursing home, it’s important that you find an attorney who thoroughly understands the way these facilities operate. Let our experienced nursing home abuse attorneys help. Our team is ready and waiting – just give us a call at 214-239-8900 for a free consultation.