New Nursing Home Transparency Reporting Launches
(Oct. 15, 2024) The Centers for Medicare and Medicaid Services (CMS) has updated the Medicare Enrollment Application Form 855A for compliance with nursing home transparency reporting requirements finalized in November 2023. To implement these new requirements, which include reporting ownership, management, and related party data to CMS, CMS has announced that the Medicare Administrative Contractors (MACs) will be completing off-cycle revalidation of all nursing homes from October through December 2024.
LeadingAge National believes that the MACs will be reaching out to homes on a phased basis to request submission of the Form 855A. It advises homes to familiarize themselves with the updated form and accompanying guidance, as the timeframe for submission may be compressed.
LeadingAge National has raised several questions and concerns with CMS, many of which were included in its comments on the proposed rule. Additional information will be posted here as it becomes available.
Contact: Karen Lipson, klipson@leadingageny.org