New York A06336 directs the commissioner of health to establish demonstration projects for equity investment in residential health care facilities.

New York A06336 amends the public health law to mandate the establishment of up to two demonstration projects by the commissioner of health. These projects aim to develop, evaluate, and implement an innovative approach to equity investment in residential health care facilities. The bill seeks to promote new sources of capital for these facilities and measure the impact of such investments on capital improvements, new technology, and the quality of care and life for residents.

New York A06336 directs the commissioner of health to establish demonstration projects for equity investment in residential health care facilities.

New York A06336 amends the public health law to mandate the establishment of up to two demonstration projects by the commissioner of health. These projects aim to develop, evaluate, and implement an innovative approach to equity investment in residential health care facilities. The bill seeks to promote new sources of capital for these facilities and measure the impact of such investments on capital improvements, new technology, and the quality of care and life for residents.