New Jersey S2776 amends health care service firm regulations, raising audit thresholds and altering reporting requirements.

New Jersey S2776 modifies the regulation of health care service firms by increasing the compensation threshold that triggers an audit from $250,000 to $5,000,000. It mandates that audits be submitted by September 30th of the calendar year they are due. The bill also revises the compensation threshold for reporting requirements, setting it at less than $10 million in gross income. It specifies the information to be included in health care service firm reports, such as insurance coverages, litigation, regulatory actions, and independent contractors.

New Jersey S2776 amends health care service firm regulations, raising audit thresholds and altering reporting requirements.

New Jersey S2776 modifies the regulation of health care service firms by increasing the compensation threshold that triggers an audit from $250,000 to $5,000,000. It mandates that audits be submitted by September 30th of the calendar year they are due. The bill also revises the compensation threshold for reporting requirements, setting it at less than $10 million in gross income. It specifies the information to be included in health care service firm reports, such as insurance coverages, litigation, regulatory actions, and independent contractors.