Bill > SB808

This bill requires nursing facilities that are enrolled as Medicaid providers to publicly disclose specific information about their rent or lease payments, including the recipient of the payments, whether that recipient is a "related party" (meaning an entity or individual connected to the facility through ownership or control, as defined by the Department of Medical Assistance Services or DMAS), and the total amount paid to related parties for rent or leases. These disclosures must be easily accessible on the facility's website or a management company's website and updated annually or upon changes in ownership or lease terms, remaining available for at least five years. Furthermore, if a nursing facility's "related party rent expense" (payments to related parties for rent, leases, and associated costs) exceeds 125% of a "fair rental value benchmark" established by DMAS, a portion of any incentive payments owed to the facility will be reduced. Knowingly providing false information in these disclosures or attestations is a Class 3 misdemeanor, a minor criminal offense. The bill also mandates that DMAS and the Department of Health create regulations to implement these provisions, including defining what constitutes a related party, specifying lease terms for disclosure, setting accessibility standards, and developing the methodology for calculating the fair rental value benchmark. Importantly, these changes do not allow DMAS to reduce base Medicaid reimbursement rates.

Health and Social Services, Justice

https://lis.virginia.gov/bill-details/20261/SB808