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Growing Importance of March 4 Texas Primary Requires 2008 Presidential Candidates to Better Address Eldercare Financing Issues
Date:2/12/2008

wake of federal efforts to reduce Medicare and Medicaid funding, THCA is encouraging a broader public debate surrounding long term care financing issues, and why Texas' daily Medicaid reimbursement rate has slipped to 49th in the nation, which, Graves observed, does not have the capacity to meet the growing complex care needs of Texas' rapidly aging population.

While the average national daily Medicaid rate per patient is $153.83, the Texas rate is just $106.59 (49th), according to independent data from the national accounting firm BDO Seidman, and other sources. Even on a regional basis, he said, Texas is falling behind: New Mexico ranks 30th nationally, at $137.24; Oklahoma ranks 44th, at $116.84; Arkansas ranks 47th, at $111.76; and Louisiana ranks 45th, at $115.00.

"We are committed to solving these long term care financing challenges in a collaborative, bipartisan manner -- and we look forward to hearing more on this front from the 2008 presidential candidates in the weeks ahead," Graves concluded.

Founded in 1950, the Texas Health Care Association (THCA) is the largest long term care association in Texas. THCA represents a broad spectrum of long term care providers and professionals offering long term, rehabilitative and specialized health care services. Member facilities, owned by both for-profit and non-profit entities, include nursing facilities, specialized rehabilitation facilities, and assisted living facilities.

CONTACT: Tim Graves, (512) 458-1257, tgraves@txhca.org

Rebecca Reid, +1-410-212-3843, rreid@txhca.org


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SOURCE Texas Health Care Association
Copyright©2008 PR Newswire.
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