Proposed Medicare and Medicaid Enrollment Rule for Skilled Nursing Facilities Implements Law Expanding Regulation of Private Equity Investments in Healthcare, Foreshadowing a Likely Trend

The Centers for Medicare & Medicaid Services have proposed regulations which expand the information required to be disclosed by skilled nursing facilities and Medicare providers under the Affordable Care Act to allow for transparency of SNFs' relationships with private equity companies and other entities, with new information to be reported upon enrollment and revalidation with changes to be reported within legal reporting timeframes, and California has recently enforced similar requirements with the requirement for advance notice to the California Department of Health Care Access and Information, suggesting a growing need for regulation of consolidation in the healthcare industry.

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