New York S04709 mandates updating non-capital rate components for inpatient services in residential health care facilities by 1/1/2027 and every 5.

New York S04709 amends the public health law to require governmental agencies to update the non-capital component of rates for inpatient services provided by residential health care facilities. The update must occur no later than January 1, 2027, and every five years thereafter, using the most current cost report data. This change aims to ensure that the rates reflect actual operating costs.

New York S04709 mandates updating non-capital rate components for inpatient services in residential health care facilities by 1/1/2027 and every 5.

New York S04709 amends the public health law to require governmental agencies to update the non-capital component of rates for inpatient services provided by residential health care facilities. The update must occur no later than January 1, 2027, and every five years thereafter, using the most current cost report data. This change aims to ensure that the rates reflect actual operating costs.