Bill Text: NY S01282 | 2023-2024 | General Assembly | Introduced
Bill Title: Effectuates a Medicaid rate enhancement for Valley Health Services of the Bassett Healthcare Network.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced) 2024-01-03 - REFERRED TO AGING [S01282 Detail]
Download: New_York-2023-S01282-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 1282 2023-2024 Regular Sessions IN SENATE January 11, 2023 ___________ Introduced by Sen. HINCHEY -- read twice and ordered printed, and when printed to be committed to the Committee on Aging AN ACT to amend part B of chapter 58 of the laws of 2007 amending the elder law and other laws relating to authorizing the adjustment of the Medicaid nursing home capital reimbursement cap, in relation to effec- tuating a Medicaid rate enhancement for Valley Health Services of the Bassett Healthcare Network The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 19 of part B of chapter 58 of the laws of 2007 2 amending the elder law and other laws relating to authorizing the 3 adjustment of the Medicaid nursing home capital reimbursement cap is 4 amended by adding a new subdivision 4 to read as follows: 5 4. Notwithstanding any provision of law to the contrary, for rate 6 periods from April 1, 2025 through March 31, 2055, Valley Health 7 Services of the Bassett Healthcare Network shall receive five hundred 8 thousand dollars, net of any and all Medicaid reimbursement rate 9 reductions, annually, as a Medicaid reimbursement rate enhancement. Such 10 reimbursement rate enhancement shall be in addition to the costs other- 11 wise reimbursable pursuant to section 2808 of the public health law and 12 any other law or regulation. 13 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD04375-01-3