New York S05369 allows non-public residential health care facilities to withdraw more equity and establishes a nursing home worker recruitment and.

New York S05369 authorizes non-public residential health care facilities to withdraw equity or transfer assets exceeding three percent of their total reported annual revenue for patient care services, without prior written notification to the commissioner. For facilities compliant with minimum staffing level requirements, the withdrawal limit increases to five percent. The commissioner may require replacement of the withdrawn equity or assets and impose penalties.

New York S05369 allows non-public residential health care facilities to withdraw more equity and establishes a nursing home worker recruitment and.

New York S05369 authorizes non-public residential health care facilities to withdraw equity or transfer assets exceeding three percent of their total reported annual revenue for patient care services, without prior written notification to the commissioner. For facilities compliant with minimum staffing level requirements, the withdrawal limit increases to five percent. The commissioner may require replacement of the withdrawn equity or assets and impose penalties.