Democratic lawmakers demand answers on nursing homes' staffing, corporate spending [View all]
Source: USA Today
Published 7:04 a.m. ET May 6, 2024 | Updated 7:04 a.m. ET May 6, 2024
Three U.S. Senators and two U.S. Representatives have called out the corporate spending of three large nursing home companies amid the industry's opposition to the Biden administration's rule to set minimum staffing levels.
In letters sent Sunday to executives of three large chains, Sens. Elizabeth Warren, Bernie Sanders, and Richard Blumenthal and U.S. Reps. Jan Schakowsky and Lloyd Doggett questioned the nursing homes' spending on executive compensation, stock buybacks, and dividends as the industry protests a new staffing rule for nursing homes.
The letters, signed by the four Democrats and Sanders, a Vermont Independent, said National Healthcare Corp., the Ensign Group, Inc., and Brookdale Senior Living Inc. spent nearly $650 million on executive pay, stock buybacks and dividends since 2018.
The lawmakers said such spending undermines "the claim that nursing homes cannot afford to pay for enough staff" to meet the new rule.
Read more: https://www.usatoday.com/story/news/health/2024/05/06/nursing-homes-staffing-exeucutive-pay-democrats-biden/73559531007/
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