Nursing Homes - Cost Reports
Maryland nursing homes must submit standardized cost reports to the state for financial transparency and regulatory oversight of facility operations and expenses.
Maryland nursing homes must submit standardized cost reports to the state for financial transparency and regulatory oversight of facility operations and expenses.
HB 933 requires Maryland nursing homes to submit detailed cost reports to the state, providing transparency on their operational expenses and financial structure. The bill establishes standardized reporting requirements that allow the state to monitor and analyze nursing home finances. This became law in May 2025 after passing both chambers and receiving gubernatorial approval.
Nursing home cost transparency enables policymakers to identify financial patterns, detect potential fraud or mismanagement, and make data-driven decisions about Medicaid reimbursement rates and facility regulations. This information can help protect vulnerable residents by ensuring facilities are adequately funded for quality care and staffing while preventing excessive profiteering.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.