Establishes "Mission Critical Long-Term Care Teams"; provides for identification of and intervention at long-term care facilities at risk of operational and financial distress.

S 2985 creates "Mission Critical Long-Term Care Teams" within New Jersey's Department of Health to identify and assist long-term care facilities facing financial or operational risks that could harm residents or disrupt care. Each team - comprising four experts in areas like finance, nursing, and safety - will evaluate facilities using specific indicators for financial health and compliance with resident care standards. If a facility is flagged through inspections, complaints, or by the facility itself, the team must work with it to address issues and may require full access to the facility's operations and financial records. This bill directly affects all New Jersey long-term care facilities, focusing on preventing decline through collaborative intervention rather than punitive measures. The law takes effect immediately upon passage.