Wage Parity Audit Services

As per the requirement of Department of Health Wage Parity Certification, every MMCO, MLTC, CHHAs, LTHHCPs, LHCSAs and FIs, are required to compulsorily submit a certificate of compliance of Wage Parity Hours and Expenses by June 1, 2022 and every year by June 1 thereafter.

We at Braj Aggarwal, CPA P.C, with our experienced and knowledgeable team of professionals make sure that the audit is performed smoothly and complies with all the ethical and legal requirements of Department of Labor, Department of Health and make sure that the audit is conducted in accordance with accounting principles generally accepted in the United States of America (“US GAAP)

The major section governing Wage Parity Audit is PHL 3614-c and it defines what are the requirements for Wage Parity Hours and Expenses, how the reporting needs to be done, what are the compliance requirements and what certificates need to be submitted and to whom.

The entities that are registered in Medicaid and are providing Medicaid-reimbursed Services, are required to submit the following certificates:

LS 300 (Employer’s Annual Compliance of Wage Parity Hours and Expenses) and LS 301 (Independent Auditor’s Statement Verifying Wage Parity Hours and Expenses)

After doing the detail study of the subject and referring all the articles and forms published by the Department of Labor and Department of Health, our audit team is ready to serve and assist you with your Wage Parity Audit Requirement.

Wage Parity benefits are accessible to all hourly home consideration laborers or assistants who are utilized by offices situated in New York City (counting Bronx, Kings, Queens and Richmond Counties), Nassau, Suffolk, or Westchester.

The accompanying home consideration organizations should consent to The New York Wage Parity Law:

• Confirmed Home Health Agency (CHHA)

• Long haul Home Health Care Program (LTHHCP)

• Overseen Care Organizations (MCO)

• Authorized Home Care Services Agency (LHCSA)

• Restricted License Home Care Service Agency (LLHCSA)

At Braj Aggarwal, CPA P.C,  We will assist your regarding Wage Parity and if you want to know more about Wage parity audit service in New York. Get in touch with us or call: (718) 426-4661 and Email us on baggarwal@aggarwalcpa.com