Tuesday, December 3, 2013

Laws Mandating Oversight for Management of Resident Trust Accounts?

USA Today continues reporting on criminal misuse of resident funds held in accounts at nursing homes, pointing to the lack of clear laws requiring faculities to conduct audits or other oversight systems for resident accounts: 

"Federal law provides the regulatory framework for the nation's 16,000 nursing homes, which have to meet an array of standards to participate in Medicare and Medicaid. Federal rules do not require audits for resident trust fund accounts, and most states take the same approach.

 

The U.S. Centers for Medicare and Medicaid Services, the federal agency responsible for nursing home regulation, is considering whether additional oversight is needed to address theft and mismanagement of residents' funds.

 

 'We are aware of this situation and are reviewing the (inspection) procedures used to detect these kinds of problems,' agency spokesman Aaron Albright said when asked about USA TODAY's findings. 'CMS takes safeguarding nursing home patients very seriously.'"

 

http://lawprofessors.typepad.com/elder_law/2013/12/oversight-for-management-of-resident-trust-accounts.html

Crimes, Dementia/Alzheimer’s, Health Care/Long Term Care, Housing, Property Management | Permalink

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