Colorado Nursing Home Administrators (NHA) Practice Exam

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A list of the names of officers and stockholders (owners controlling 50% or more of the shares) is provided for what type of facility when seeking licensure?

  1. For-profit

  2. Government-run facilities

  3. Non-profit

  4. Public facilities

The correct answer is: For-profit

If the list of names of officers and stockholders is provided in the context of seeking licensure, it is most likely for a for-profit facility. This is because for-profit facilities are required to disclose this type of information, while non-profit and government-run facilities may not be required to do so. Public facilities also may not be required to disclose this information, as they are owned and operated by the government. Therefore, the other options are incorrect because they may not have the same regulatory requirements as for-profit facilities in terms of disclosing information about officers and stockholders.