Bill > S06689

This bill amends the social services law to extend the deadline for certain entities to provide fiscal intermediary services to July 1, 2025. A fiscal intermediary is an organization that helps manage and process payments for services, typically in healthcare or social service settings. The bill specifies that except for the statewide fiscal intermediary and its subcontractors, no entity will be allowed to provide fiscal intermediary services after this date. Subcontractors of the statewide fiscal intermediary must register with the department within 30 days of being selected, and the statewide fiscal intermediary must consider factors such as compliance with federal and state laws, marketing and labor practices, cost reporting, and electronic visit verification requirements when choosing subcontractors. The act is set to take effect immediately and is retroactively deemed to be in full force as of April 1, 2025, ensuring continuity of fiscal intermediary services during this transition period.

Health and Social Services

https://www.nysenate.gov/legislation/bills/2025/S6689