The bill establishes a framework for the development of a home care safety net assessment in Washington State. It mandates that consumer-directed employers and licensed in-home services agencies submit detailed financial information to the Department of Health, which will be used to inform the assessment aimed at securing federal matching funds through Medicaid. The financial data required includes client revenue for home care, home health, and hospice services, categorized by payer type for the period between July 1, 2022, and July 1, 2023. This information must be submitted by January 1, 2024, and is classified as proprietary and confidential, with strict guidelines on its distribution and use.

Additionally, the bill establishes a home care safety net assessment work group composed of various state agency representatives and stakeholders from the home care sector. This work group is tasked with developing a proposal for the safety net assessment, utilizing the financial information collected and any relevant data analysis provided by a contracted private entity. The work group is required to report its findings and recommendations to the governor and legislative committees by December 1, 2024, ensuring that the proposal aligns with federal requirements for approval.