US EditionNew CMS Guidance Restricts Third-Party Guarantee Regarding Nursing Facility Payment
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New CMS Guidance Restricts Third-Party Guarantee Regarding Nursing Facility Payment
Background On November 18, 2024, the Centers for Medicare & Medicaid Services (CMS) issued new guidance related to the prohibition against admission agreements containing language requesting or requiring a third-party guarantee of payment. Within its guidance, CMS provides that any language in admission agreements that seeks to hold an individual besides the resident personally liable for an outstanding balance owed to the nursing facility may b…
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