On April 20, 2023, the Centers for Medicare & Medicaid Services (“CMS”) publicly released data on home health and hospice agency ownership for the first time. The data is derived from self-reported information (primarily through the CMS-855A form), is searchable, and includes specific ownership percentages. In its press release, CMS stated, “Shining a light on ownership data is good for families, good for researchers, and good for enforcement agencies.”
The data is searchable in two sets, titled “Home Health Agency All Owners” and “Hospice All Owners.” The data sets include the following information:
- Organizational Name
- Type – Owner (Direct or Indirect)
- Role (e.g., 5% or greater direct owner, director, officer, managing employee)
- Association Date
- Percentage of Ownership
For more information, please contact AGG Healthcare attorneys Hedy Rubinger or Alex Foster.
The Arnall Golden Gregory CHOW team leads all regulatory aspects of healthcare transactions for investors, operators, managers, capital partners, and developers of every size in all 50 states. The team streamlines the regulatory process so that clients close their transactions on or ahead of schedule. Whether obtaining licensure and Medicare/Medicaid approvals, structuring transactions to expedite closings, anticipating issues to minimize cash flow disruption, negotiating regulatory terms in deal documents, creatively resolving diligence issues, or advising on CHOW guidelines and compliance, the team provides extensive experience and practical solutions. To date, the CHOW team has served as primary regulatory counsel in transactions valued at more than $35 billion.