Change Of Ownership - McKnight's Long Term Care News

Change Of Ownership

Richard Cheng

Providers must see clearly before they CHOW down

When a skilled nursing facility changes ownership, the change is known in healthcare vernacular as a change of ownership or “CHOW.” Because this could wind up endangering a Medicare provider agreement, It is imperative that more people understand the process, know the parties they’re involved with and develop better awareness of the regulatory issues involved.

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