Makes certain changes to regulation of health care service firms.
What changed between versions
New Section 2 amends C. 34:8-45.1a to require the Director of the Division of Consumer Affairs to enter into a memorandum of understanding with an accrediting body selected through procurement processes, establishing standards for accreditation and for reporting audit results to the Division.
A proposed subsection b requiring the director to develop standards for independent third-party practitioners reviewing health care service firm financial statements (including minimum qualifications, data points, metrics, and thresholds for adverse findings) was included but marked as deleted by a pending companion bill.
The bill statement was reduced from a detailed list of six specific changes (raising Medicaid audit threshold from $250,000 to $500,000, setting a September 30 audit deadline, revising compensation reporting thresholds, revising report contents, providing corrective action, and permitting out-of-state accountants) to a generic statement that the bill makes various changes to regulation of health care service firms.