Brius Healthcare’s Insider Transactions

August 30, 2017
August 2017

On August 16, 2017, the National Union of Healthcare Workers (NUHW) released a report describing how Shlomo Rechnitz, the CEO of Brius Healthcare, may be profiting at the expense of residents of his nursing homes by steering millions of dollars in taxpayer funds to a web of companies he created to service his nursing homes.  Rechnitz is California’s largest nursing home operator, owning or operating about 80 nursing homes in California.  The NUHW report, Brius Healthcare’s Insider Transactions, states that in 2015 Rechnitz companies received $67 million in payments from Brius nursing homes, some of which were in the form of inflated rents. The report concludes that Californians expect nursing home operators to provide quality care, not to devise transactions that divert public funds from resident care.

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