The Conrad, Coleman Senate letter also states, "CMS' proposal to correct a 'forecast error' will jeopardize the significant quality improvements made by the SNF community in recent years as well as the ability of SNFs to continue caring for high acuity patients. Because SNFs rely on Medicare to make up for chronic underfunding by the Medicaid program - an average of $13 per day for every Medicaid beneficiary in nursing homes nationwide - it is critically important that Medicare reimbursement remain fair and consistent. We believe that if CMS were to finalize its proposed rule, the ability of providers to care for our nation's most vulnerable population - the frail elderly and disabled - would be severely threatened."
In the House letter, Pomeroy, Capito, and Berkley note that the Lewin Group recently estimated the Administration's Medicare cuts will have a net negative total economic impact of $4.5 billion nationally for FY 2009. In addition, they explained, the Lewin data finds the $770 million decline in revenue resulting from the regulatory cut, will impact approximately $1.8 billion in wages, 43,530 jobs and approximately $661 million in federal, state and local tax revenue just in the first year.
"We thank Senators Conrad and Coleman, and Reps. Pomeroy, Capito and
Berkley, for initiating a timely, effective, bipartisan effort to help
ensure elderly Medicare beneficiaries in need of intensive, high quality
skilled nursing care receive the Medicare funding they need and deserve,"
stated Bruce Yarwood, President and CEO of AHCA. Alan Rosenbloom, President
of the Alliance, stated, "This new simultaneous
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| SOURCE The Alliance for Quality Nursing Home Care Copyright©2008 PR Newswire. All rights reserved |