Hidden Profits in the Nursing Home Industry

In this webinar, Consumer Voice was joined by Dr. Ashvin Gandhi and Dr. Andrew Olenski, authors of a new paper on related parties, “Tunneling and Hidden Profits in Health Care.” The authors of this groundbreaking study discussed their methodology, findings, and what steps they recommend be taken to address the lack of transparency and accountability that allows nursing homes to continuously claim poverty as to why they are unable to provide high-quality care.
This timely study pulls back the curtain on nursing home finances and challenges the industry narrative that they are not paid enough in Medicare or Medicaid dollars. Importantly, it shows that when money is diverted away through “tunneling” reforms such as a minimum staffing standard face uphill challenges, as the industry claims it cannot do better with more money.