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New CMS Guidance Restricts Third-Party Guarantee Regarding Nursing Facility Payment

Summary by HALL BOOTH SMITH, P.C.
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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HALL BOOTH SMITH, P.C.HALL BOOTH SMITH, P.C.

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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HALL BOOTH SMITH, P.C. broke the news in on Monday, February 17, 2025.
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