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New Economic Impact Study: Obama Administration Implementation of Bush-Era Medicare Regulation Will Cost U.S. $2.5 Billion in Business Activity, Cut Over 30,000 Jobs
Date:5/12/2009

AHCA.

Alan Rosenbloom, President of the Alliance for Quality Nursing Home Care, said the proposed CMS rule is inconsistent with the Administration's central economic and health reform policy objectives. "The proposed rule would not only slow the creation of new jobs in one of the few sectors showing job growth, it also would make it much harder for SNFs to deliver the kind of long term reductions in costs so crucial to effective health care reform. SNFs are caring for a growing number of short-stay post-acute patients, at substantial savings to the Medicare program. The proposed rule could halt this movement in its tracks and limit reform efforts aimed at caring for post-acute patients into the lowest cost setting most appropriate to their needs."

Yarwood and Rosenbloom said that as the nature of America's nursing home patient population continues to evolve, all stakeholders should embrace efforts to facilitate the ability of nursing homes to care for higher-acuity, post-acute Medicare beneficiaries. SNFs, the long term care leaders point out, have invested heavily in recent years to increase capabilities to admit, treat and return to home a growing number of patients requiring intensive rehabilitative care, and care for patients with multiple chronic illnesses. In addition to cutting jobs and damaging already fragile local economies, implementing the rule would inhibit continued investments in cost effective care -- again, contrary to the Obama Administration's stated health policy objectives.


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SOURCE American Health Care Association
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