Page 8 - யார்க் நிலை ஆரோக்கியம் வசதிகள் சங்கம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tom Dinki/WBFO file photo New York nursing homes will be required to put nearly three quarters of their money toward caring for residents, as a nursing home profit cap was included in the 2021 New York State budget. The profit cap, also called a medical loss ratio, was tucked away in the Health and Mental Hygiene budget bill. The state Senate and Assembly passed the $212 billion budget Wednesday.   The cap will mandate nursing homes put at least 70% of their revenue toward direct care. Of that 70%, at least 40% will have to go toward paying nurses.   The push to curb nursing home profits came as a result of 15,000 New York nursing home residents dying of COVID-19 during the pandemic. Advocates and lawmakers say the deaths were a byproduct of longstanding issues in the long-term care industry, such as understaffing and owners valuing profits over care.

New yorkUnited statesNew jerseyStephen hansePhil murphyRichard mollotAndrew cuomoYork state health facilities associationLong term care community coalitionJersey state legislatureYork stateMental hygieneNew york state attorney generalNew york state health facilities associationNew jersey state legislatureபுதியது யார்க்