New federal data show 348 hospitals and more than 3,200 nursing homes changed ownership between 2016 and 2021, with medium and larger hospitals and those with negative profit margins among the most likely to be sold, Bloomber Law reports.
The new dataset released Wednesday by the Centers for Medicare & Medicaid Services will be updated quarterly and is part of a Biden administration push for greater transparency in the health-care industry to help curb waste and fraud. Read more.
