Bill > H633

This bill aims to enhance transparency and accountability in nursing homes in Massachusetts. The key provisions include: 1. Requiring nursing home operators to prepare and file an annual consolidated financial report with the state's regulatory office, reviewed or audited by a certified public accountant. This report must include detailed financial statements, patient revenue information, and a visual representation of the organization's structure, including related parties and unrelated parties providing services to the nursing home. 2. Mandating the state regulatory office to post the submitted reports and related documents on its website, making them public records subject to disclosure under the Massachusetts Public Records Act. 3. Granting the Office of the State Auditor full access to the reports filed under this law and requiring the Auditor to periodically report on the quality of care, financial practices, and statewide oversight of Massachusetts skilled nursing facilities to the state legislature. The goal of this bill is to enhance transparency and oversight of nursing home operations, finances, and related party transactions, in order to improve accountability and quality of care for the state's nursing home residents.

Health and Social Services

https://malegislature.gov/Bills/193/H633