Bill > S3463

This bill amends regulations for health care service firms, which are entities that employ, place, or refer individuals to provide companion, health care, or personal care services to individuals with disabilities or those aged 60 or older in their homes. Key changes include doubling the annual Medicaid reimbursement threshold for personal care assistance services that triggers an audit for these firms from $250,000 to $500,000, and requiring that such audits be submitted by September 30th of the year they are due. The bill also revises reporting requirements for firms with gross income under $10 million, changing the previous threshold of between $1 million and $10 million, and expands the information that must be included in these reports to cover insurance, litigation, regulatory actions, independent contractors, and significant transactions or liabilities. Furthermore, the bill introduces provisions for corrective actions if a firm's financial viability is questioned based on its report, and allows audits to be conducted by accountants licensed in any U.S. jurisdiction, not just New Jersey.

Health and Social Services

https://www.njleg.state.nj.us/bill-search/2026/S3463