Democratic lawmakers call out nursing home executive pay amid …

Sep 16, 2024 · Democratic lawmakers are calling out soaring executive compensation at three for-profit nursing home providers as the industry fights new minimum staffing requirements that apply to virtually every…

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Top Nursing Home Leaders Push Back On Lawmakers' Critique For …

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Sep 16, 2024 · “New public U.S. Securities and Exchange Commission (SEC) filings revealing that you and other nursing home executives were paid nearly $70 million in 2023, while at the …

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NJ Lawmakers Approve $3 Pay Raises, $130M For Nursing Homes To …

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Aug 27, 2020 · Bill S-2813/A-4547 makes a one-time payment of $62.3 million in state funds to help nursing facilities, but not all long-term care facilities, cover wage increases and pay for …

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How Elon Musk's Access To Treasury System May Affect Social …

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FAQs about Democratic lawmakers call out nursing home executive pay amid … Coupon?

Why are Democratic lawmakers calling out soaring executive compensation?

(Elias Funez/The Union via AP, File) Democratic lawmakers are calling out soaring executive compensation at three for-profit nursing home providers as the industry fights new minimum staffing requirements that apply to virtually every facility in the United States. ...

Why are three US senators calling out nursing home companies?

Three US senators and two US representatives have criticized the corporate spending of three large nursing home companies. The companies are under scrutiny amid the industry's opposition to the Biden administration's rule to set minimum staffing levels. ...

Why did Congressional Democrats demand information about nursing homes?

Congressional Democrats demanded information about the corporate spending by the operators of three of the country’s largest public, for-profit nursing homes, after the companies said they can’t afford the Biden administration’s new minimum staffing threshold . ...

How much money has national healthcare paid out to top executives?

Since 2018, National Healthcare Corp., the Ensign Group Inc. and Brookdale Senior Living Inc. have paid out nearly $650 million in stock buybacks, dividend payments, and other financial rewards to top executives, including nearly $118 for Brookdale Senior Living, $300 million for the Ensign Group and over $226 million for National HealthCare Corp. ...

Can nursing homes afford to pay for enough staff?

The claim that nursing homes cannot afford to meet the new staffing requirements for registered nurses and nurse aides, which was recently announced by the Biden administration, was questioned by Democratic lawmakers. They stated that such spending does not undermine this claim. ...

Will the federal government dictate nursing home staffing levels?

The federal government will, for the first time, dictate staffing levels at nursing homes, the Biden administration said Friday, Sept. 1, 2023, responding to systemic problems bared by mass COVID deaths. (Elias Funez/The Union via AP, File) ...