Risk Factors Update Summary
- The federal Stark Law was expanded to include similar state laws, broadening regulatory impact.
- The expiration of the PHE associated with COVID-19 has implications on operations.
- The impairment charge of approximately $105.1 million due to the carrying value exceeding fair value.
- Changes in the Final Rule for fiscal year 2024 include a 3.1% increase in the 30-day base payment rate.
- An increase in the hospice market basket rate by 3.1% for fiscal year 2024.
- A 5% reduction in home health payments phased in over two years starting in 2023.
- The Sponsor Affiliates collectively own approximately 68.5% of outstanding common stock.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1832332&owner=exclude
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