Updates rates for residential health care facilities in New York.

The bill provides for updates to rates for residential health care facilities. It mandates that rates reflect a direct statewide price component, an indirect statewide price component, and a facility-specific non-comparable component. These components are to be periodically updated to reflect actual base year costs. The bill also requires adjustments for wage equalization factors and other factors to recognize legitimate cost differentials.

Updates rates for residential health care facilities in New York.

The bill provides for updates to rates for residential health care facilities. It mandates that rates reflect a direct statewide price component, an indirect statewide price component, and a facility-specific non-comparable component. These components are to be periodically updated to reflect actual base year costs. The bill also requires adjustments for wage equalization factors and other factors to recognize legitimate cost differentials.