CMS Final Rule Targeting Private Equity and REIT Ownership of Nursing Facilities

Our panel will guide practitioners through CMS' final rule requiring expansive disclosure requirements by Medicare and Medicaid nursing facilities relating to direct and indirect ownership, oversight, managerial, and other information. The panel will discuss covered entities and disclosable parties, including PECs and REITs, and the impact these reporting obligations will have on both. The panel will also address reporting requirements and best practices for compliance.

We will review these and other important considerations:

• How does the new rule impact PEC and REIT ownership of nursing facilities?
• What due diligence should be conducted by covered entities to ensure compliance with the final rule's reporting requirements?
• How may the final rule's reporting requirements impact facilities' contractual obligations, including any duties of confidentiality, with disclosable third parties? What contractual amendments may be required?