New PA Economic Study: Bush Medicare Cuts Compound State Medic...(od President and CEO of AHCA said the Me...),Health

Date:6/10/2008

od, President and CEO of AHCA, said the Medicare regulations being changed by the Bush Administration are currently helping facilities throughout Pennsylvania successfully serve higher acuity patients -- at a lower cost than other settings. "Considering the fact existing Medicare policy is beneficial to both patients and the taxpayers who finance the program, it is especially curious this regulatory policy change is being pursued by the Administration," Yarwood said. Current policy, he added, saved Medicare $709 million in 2006 alone nationally, according to an independent analysis by Avalere Health, LLC.

"The Bush Administration's proposed Medicare cuts not only threaten Pennsylvania seniors' access to quality care throughout the state, but will also negatively impact our state's economy and local employment base to the detriment of every citizen," stated Stuart Shapiro, President and CEO of the Pennsylvania Health Care Association (PHCA). "Of equal concern is the fact that the federal Medicare cuts will further undercut the strength and viability of our state Medicaid program -- already facing severe stress as it relates to adequately funding nursing home care for Pennsylvania's most vulnerable seniors," he said.

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SOURCE American Health Care Association Copyright©2008 PR Newswire. All rights reserved

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