New York A06272 updates rates for residential health care facilities.

New York A06272 amends the public health law to update rates for residential health care facilities. It mandates that payments by governmental agencies for inpatient services reflect a direct and indirect statewide price component, and a facility-specific non-comparable component. These components must be updated no later than April 1, 2027, and every five years thereafter. The bill also requires adjustments for inflation and updates to wage equalization factors and other factors to reflect current labor market conditions.

New York A06272 updates rates for residential health care facilities.

New York A06272 amends the public health law to update rates for residential health care facilities. It mandates that payments by governmental agencies for inpatient services reflect a direct and indirect statewide price component, and a facility-specific non-comparable component. These components must be updated no later than April 1, 2027, and every five years thereafter. The bill also requires adjustments for inflation and updates to wage equalization factors and other factors to reflect current labor market conditions.