New Jersey S3463 amends health care service firm regulations, raising audit thresholds and modifying reporting requirements.

New Jersey S3463 modifies the regulation of health care service firms by raising the annual Medicaid reimbursement threshold for personal care assistance services that triggers an audit from $250,000 to $500,000. It also revises the compensation threshold for reporting requirements for health care service firms from between $1 million and $10 million, to less than $10 million. The bill requires firms to submit audits no later than September 30th of the calendar year in which they are due. It further allows audits to be performed by certified public accountants licensed by any U.S.

New Jersey S3463 amends health care service firm regulations, raising audit thresholds and modifying reporting requirements.

New Jersey S3463 modifies the regulation of health care service firms by raising the annual Medicaid reimbursement threshold for personal care assistance services that triggers an audit from $250,000 to $500,000. It also revises the compensation threshold for reporting requirements for health care service firms from between $1 million and $10 million, to less than $10 million. The bill requires firms to submit audits no later than September 30th of the calendar year in which they are due. It further allows audits to be performed by certified public accountants licensed by any U.S.