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The New York Times Reports On HUD-Backed Nursing Homes – California Medicare Plans

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Feds Say Nursing Homes Overbilled Medicare By $1.5 Billion.. the New York regional inspector general in charge of the study, said in an interview.. Medicare paid nursing homes $32.2 billion.

According to a recent report by The New York Times, the U.S. Department of Housing and Urban Development (HUD) administers a government-backed mortgage program for residential care facilities. Under what is known as a Section 232 loan agreement, HUD has the authority to guarantee bank loans made to nursing homes for the purposes of purchasing.

In September 2007, The New York Times published a lengthy investigative article about private equity’s purchase of nursing facilities – "At Many Nursing Homes, More Profits, Less Nursing."[1] The Times reported that private equity firms purchased facilities and divided ownership into multiple companies, insulating themselves from private litigation and meaningful regulatory enforcement.

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According to a recent report by The New York Times, the U.S. Department of Housing and Urban Development (HUD) administers a government-backed mortgage program for residential care facilities. Under what is known as a Section 232 loan agreement, HUD has the authority to guarantee bank loans made to nursing homes for the purposes of purchasing, refinancing, constructing, or substantially rehabilitating a facility.

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According to a recent report by The New York Times, the U.S. Department of Housing and Urban Development (HUD) administers a government-backed mortgage program for residential care facilities. Under what is known as a Section 232 loan agreement, HUD has the authority to guarantee bank loans made to nursing homes for the purposes of purchasing.

The first report, "Review of Medicare Home Health Services in California, Illinois, New York, and Texas" (A-04-99-01 194), is a repeat of our earlier examination of the home. participate in developing the plans of care they signed.

The headline of a recent New York Times article, “To Collect Debts, Nursing Homes Are Seizing Control of Patients,” certainly caught my eye. It’s focus was on nursing homes being named guardians of incapacitated residents. The reporting was based on a study done by Hunter College researchers.