Nursing Homes: Limitations of Using CMS Data to Identify Private Equity and Other Ownership

The U.S. Government Accountability Office (GAO) recently conducted an analysis examining the complexities of using data from the Centers for Medicare & Medicaid Services (CMS) to identify ownership structures within nursing homes, with a particular focus on private equity ownership. The study highlights complexities in nursing home ownership structures and the limitations of CMS data, emphasizing the difficulty in accurately identifying private equity ownership. The report also discusses the implications of these limitations on transparency and oversight within the nursing home industry. To perform this analysis, GAO adopted a comprehensive approach, including reviewing nursing home ownership data from CMS and other sources, examining...