Navigation Links
New National Medicaid Study: Minnesota Under Funds Seniors' Nursing Home Care $167 Million Annually
Date:10/4/2007

Analysis Finds Minnesota's Seniors Face Fourth Highest Shortfall Nationally;

Per Patient Day Shortfall is $24.96.

WASHINGTON, Oct. 4 /PRNewswire-USNewswire/ -- A new independent analysis of the nation's Medicaid program by the accounting firms BDO Seidman/Eljay,LLC estimates states are under funding the actual cost of providing seniors' critical nursing home care by at least $4.4 billion annually -- representing a dramatic 45 percent increase from 1999 ($9.05) through 2007. Minnesota's Medicaid rate currently under funds senior's care by $24.96 per patient day, well above the average national shortfall of $13.15 per patient day.

The new study found that Minnesota's seniors face the forth highest shortfall on a national basis. The new study also found that the states with the greatest disparity between the actual cost of providing quality care and Medicaid reimbursements are, in order of severity, Illinois, New Jersey, Wisconsin, Minnesota, Vermont, New Hampshire, Missouri, Delaware, Washington and Massachusetts.

"The long term trend lines show an unmistakable growth in the disparity between the cost of providing quality care and the actual amount reimbursed by government," said Patti Cullen, President and CEO, Care Providers of Minnesota. "One of the unfortunate results is that our ability to find, train and retain key direct care staff is compromised, and ongoing quality improvement initiatives are placed in jeopardy," Cullen continued. "This problem is national in scope, and requires a national solution that starts with reforming the entire Medicaid and Medicare financing structure."

According to the BDO Seidman/Eljay analysis, seniors' Medicaid-financed long term care needs suffer the highest cost/reimbursement rate disparities in the following states:

Rank State Per Patient Daily Shortfall

1 Illinois $30.21

2 New Jersey $28.64

3 Wisconsin $27.29

4 Minnesota $24.96

5 Vermont $24.32

6 New Hampshire $22.99

7 Missouri $22.62

8 Delaware $22.21

9 Washington $20.71

10 Massachusetts $19.85

In releasing the new report at a Capitol Hill briefing on pending FY 2008 health and budget issues, Bruce Yarwood, President and CEO of the American Health Care Association said it is essential for policymakers, key legislative staff and all long term care stakeholders to understand the growing inter-dependence between Medicaid and Medicare -- and how according to the study's findings, the long term care sector operates at a 2.5% negative margin when factoring both Medicare and Medicaid funding into the overall long term care financing equation.

"As federal and state lawmakers consider cuts or freezes in either Medicare or Medicaid the significance of the overall negative operating margin cannot be discounted," Yarwood added. "These findings are further evidence that policymakers and the Medicare Payment Advisory Commission should take into account the symbiotic nature of Medicaid and Medicare financing as key healthcare funding decisions are made."

In further explaining the role of Medicare in subsidizing Medicaid shortfalls, Joseph Lubarsky, the study leader said, "Medicare continues to play an important role in the cross-subsidization of Medicaid deficits... un-reimbursed Medicaid allowable costs are projected to exceed $4.4 billion, and providers must continue to substantially rely on Medicare prospective payment in an attempt to break even from government funded programs. Any major slowdown in state economies or changes in federal policies or interpretations regarding federal revenue enhancement programs could easily reverse the positive trends of the past few years."

Information on the methodology and the complete report is available at HYPERLINK "http://www.ahca.org/" http://www.ahca.org


'/>"/>
SOURCE Care Providers of Minnesota
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. International community warns India on HIV situation
2. Mexico and US border attain a new outlook due to BiNational Sustainability Laboratory
3. National Lung Study in the process
4. Indian Nationals with Foreign Medical Degrees can now practice in India
5. Key step forward on International Health Rules
6. ICMR along with other International Research organisation with drug development for Neglected Diseases
7. International Osteoporosis Research Centre To Be Started In India.
8. Hepatitis B Vaccine To Be Included In National Immunization Programme
9. Indian hospitals require International Accreditation
10. International Conference On Malaria - Laveran To Genomics
11. UK Govt Says On Course For National Chlamydia Screening
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/21/2017)... ... July 21, 2017 , ... ... selected to renovate and improve the Ramsey County Medical Examiners Facility located in ... Hospital, the $2.5 million project is scheduled to start in late 2017/early 2018. ...
(Date:7/21/2017)... ... 21, 2017 , ... Bernard R. Bach, Jr., MD, orthopaedic surgeon at Rush ... Society of Sports Medicine (AOSSM) , received the 2017 Robert E. Leach Sports Medicine ... Canada. This prestigious award is given annually to honor those who have made a ...
(Date:7/21/2017)... (PRWEB) , ... July 21, 2017 , ... ... 4th-year medical students improve their chances of acceptance to a residency in a ... who have earned degrees outside the U.S. , According to data released by ...
(Date:7/21/2017)... TORONTO, ONTARIO, CANADA (PRWEB) , ... July 21, ... ... with over 80% follow-up at 10 years, researchers from the Multicenter Orthopaedics Outcome ... knee-related quality of life a decade after surgery, though activity levels decline over ...
(Date:7/20/2017)... (PRWEB) , ... July 20, 2017 , ... ChenMed ... MD, has joined JenCare Senior Medical Center as Richmond Chief Medical Officer. ... School of Medicine, and Associate Chief Medical Officer of Ambulatory Services for the UVA ...
Breaking Medicine News(10 mins):
(Date:7/13/2017)... 2017  New York City-based market research firm Kalorama Information ... aware of.  From new products to new costs, to the ... recently completed study, Potential Pipeline Disruptors . ... 1.  Age-Driven Growth - True Impact Moment Arriving ... the impact the growing population and, to a more extreme ...
(Date:7/11/2017)... , July 11, 2017  The global market ... revenues of approximately $394.1 million in 2016.  Although in ... of solid growth, in particular as a result of ... practice, and the recent introduction of a significant number ... for less-invasive testing of tumor biomarkers to guide treatment ...
(Date:7/10/2017)... Md. , July 10, 2017 The ... non-animal test methods, is the recipient of a VITROCELL® ... the PETA International Science Consortium. The device, which is ... used to expose human lung cells to airborne test ... IIVS will use the VITROCELL® system for testing combustible ...
Breaking Medicine Technology: