Q&A on Healthcare Worker Bonus Program: Early Intervention Providers

This webinar is for Early Interventsion Providers.

Deadline is October 31st for Vesting Period 1 and 2.

**Information as of 10/11/22**

Ken Cerini, Managing Partner of Cerini & Associates, LLP gave a background of the Healthcare Worker Bonus in regards to EI Providers and answered participant questions.

General Program Background:
– Healthcare Worker Bonus (HWB) program was included in the 2022/23 NYS
Budget with an allotment of $1.2 Billion
– Located within Part ZZ of Chapter 56 of the Laws of 2022, the HWB allows for the payment of bonuses to recruit, retain, and reward healthcare workers meeting certain eligibility requirements.
– Only employers who are “Qualified Employers” are eligible for payment from the state for these bonuses to Eligible Employees
– Bonuses can be up to $3,000 per employee, based upon hours worked during designated vesting periods.
– The program is still new with many specific questions currently “unanswered

Ken is the Managing Partner of Cerini & Associates, LLP and is the executive responsible for the administration of our not-for-profit and educational provider practice groups. In addition to his extensive audit experience, Ken has been directly involved in providing consulting services for nonprofits and educational facilities of all sizes throughout New York State in such areas as cost reporting, financial analysis, Medicaid compliance, government audit representation, rate maximization, board training, budgeting and forecasting, and more.