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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-02-23T22:03:00
It is still too early in the rulemaking process to know what will be included in the Biden administration’s final rule on transparency of nursing home ownership, but there are some steps facilities can take to prepare, according to experts.
The rule, proposed by the Department of Health and Human Services (HHS) on Feb. 15, would require nursing homes to disclose more information to the Centers for Medicare and Medicaid Services (CMS) about their ownership and operations, particularly concerning private equity ownership and any relationships with real estate investment trusts (REITs).
“The policy started from the assumption that there is a problem with REITs and private equity and corporate-owned nursing homes,” said J. Malcolm DeVoy, a partner at law firm Holland & Hart.
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News and analysis for the well-informed compliance or audit exec.
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2023-04-17T19:57:00Z By Adrianne Appel
Some U.S. hospitals are falling short in protecting themselves from cyberattacks, with 29 percent of facilities recently surveyed lacking a documented GRC system, a new report from the Department of Health and Human Services found.
2023-02-28T20:20:00Z By Adrianne Appel
The Department of Health and Human Services and its office responsible for enforcing health privacy reorganized so it can sharpen enforcement of cybersecurity and data breaches.
2023-02-21T22:18:00Z By Adrianne Appel
The number of compliance reviews by the Department of Health and Human Services of health organizations increased between 2017 and 2021, according to the agency’s latest reports to Congress.
2024-07-24T15:50:00Z By Aaron Nicodemus
Financial institutions holding Russian sovereign assets that have not reported them to the Treasury Department’s Office of Foreign Assets Control are now required to do so by Aug. 2.
2024-07-23T12:29:00Z By Ruth Prickett
Compliance officers should take note of proposed laws in the U.K. with the newly elected Labor government setting the legislative agenda in the King’s Speech last week, promising consultations on enhanced employee rights and a higher minimum wage.
2024-07-22T15:50:00Z By Aaron Nicodemus
Four federal banking regulators have joined the Treasury Department’s Financial Crimes Enforcement Network in issuing a notice of proposed rulemaking that would require financial institutions to conduct more thorough risk assessments on their anti-money laundering/countering the financing of terrorism programs.
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