The Centers for Medicare and Medicaid Services (CMS) has updated information on provider enrollment data for all currently Medicare-enrolled Skilled Nursing Facilities (SNFs) on Data.CMS.gov to include new data fields associated with Private Equity and Real Estate Investment Trust ownership, as well as Additional Disclosable Parties (ADPs). SNF providers provide this data to CMS through Medicare provider enrollment processes, which includes the reporting of specific information on Form CMS 855A used for all new enrollments, reinstatements, change of ownership, revalidation, and change of information transactions.
This data was extracted from the CMS Provider Enrollment, Chain, and Ownership System. Starting in October 2024, SNF providers are required to submit additional information related to ADPs in Attachment 1 on the Form CMS-855A, but have until May 1, 2025, to report the additional information as requested by their respective Medicare Administrative Contractor. Sub-regulatory guidance from CMS regarding the submission of this new information is available here.
The following updated Relevant Data Guidance and Data Dictionaries are located at the links below:
Background
On November 17, 2023, CMS published in the Federal Register a final rule titled, “Medicare and Medicaid Programs; Disclosures of Ownership and Additional Disclosable Parties Information for Skilled Nursing Facilities and Nursing Facilities; Medicare Providers’ and Suppliers’ Disclosure of Private Equity Companies and Real Estate Investment Trusts” (88 FR 80141). This final rule implements parts of section 1124(c) of the Act which requires SNFs to disclose detailed information about their ownership and management as well as additional data regarding: (1) other parties with which the SNF is associated; and (2) the ownership structures of these other parties.
Section 6101(b) of the Affordable Care Act states that no later than one year after final regulations promulgated under section 1124(c) of the Act are published in the Federal Register, the Secretary shall make the information reported available to the public. On November 21, 2024, CMS updated this dataset to include this reported information.