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:4/21/2017)... , ... April 21, 2017 , ... ... system, has partnered with O2X , an active lifestyle company that provides ... improving the health of firefighters, police offers, first responders, military officers and others ...
(Date:4/21/2017)... Santa Rosa, CA (PRWEB) , ... April 21, ... ... with St. Joseph Health held the much anticipated Regional Primary Care Spring Symposium ... vital role in the local medical community, offering physicians and healthcare providers an ...
(Date:4/21/2017)... City, UT (PRWEB) , ... April 21, 2017 , ... ... solutions, recently partnered with Advanced Patient Care of Utah (APCUT) and has appointed Rex ... for the next chapter of growth for our agency and our ability to provide ...
(Date:4/21/2017)... ... April 21, 2017 , ... During April 21-23, Super-Sod will join the ... festival offers entertainment for everyone — from the avid gardener to the landscape admirer ... high quality event held in a grand venue, and we are certainly looking forward ...
(Date:4/21/2017)... ... April 21, 2017 , ... National pest management association survey conducted in ... bed bug infestations over the 5-year period. In 2015 10% or US$750 million per ... bed bug infested properties. , The health and economic consequences of bed bug ...
Breaking Medicine News(10 mins):
(Date:4/18/2017)...  Astute Medical, Inc., developer of biomarkers for better ... at the 2017 National Kidney Foundation (NKF) Spring ... April 22. Physicians will present data on two biomarkers, ... for acute kidney injury (AKI) during the management of ... Elevated levels of TIMP-2 and IGFBP-7 have been ...
(Date:4/18/2017)... , April 18, 2017 Research and ... the United States Molecular Imaging Equipment and Radiopharmaceuticals Market, Forecast ... ... molecular imaging equipment revenues as well as growth in the ... will provide value to market participants that design and manufacture ...
(Date:4/18/2017)... TAMPA, Fla. , April 18, 2017 WellCare ... Health Plans, Inc. (NYSE: WCG), announced today it will award ... Kentucky to reduce tobacco use and promote smoke-free ... Center for Smoke-Free Policy conference hosted by the University of ... first time WellCare, the state,s largest Medicaid managed care organization, ...
Breaking Medicine Technology: