Health Care Associations Fighting Back Against a Proposed $15 Minimum Wage
Posted on Wednesday, January 27, 2016 1:06 PM
Health care associations opposed a $15 minimum wage that could cost hospitals, nursing homes and home health companies at least $2.9 billion annually. The associations reassured lawmakers to increase aid to health care providers in the state to cover these additional expenses. On January 25, 2016, HANY testified against the proposed 2016-2017 state budget. HANY encouraged the Senate Finance and Assembly Ways and Means Committees to agree that there should be no aid to the health care system to cover the cost. Several cities have passed the minimum wage to increase levels to $15 per hour. HANY argued that the state’s home care industry would be affected the most with projected costs to home care agencies reaching $1.7 billion annually. The projection for hospitals would cost $570 million, and $600 million for nursing homes. For the full article, click here.
Corridor is the nation’s preferred partner and trusted business advisor to home health and hospice providers, providing quality services and impactful results for 30 years. Focusing on key operational, regulatory and financial challenges, Corridor delivering industry-unique solutions and deep expertise in coding, clinical documentation review, compliance, billing and collections , consulting and provider staff education . At Corridor, we make the business of caring for people Better! For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!
For additional information, please contact Corridor at 1-866-263-3795.Go Back