Navigation Links
New Studies of Bush Administration $770 Million SNF Medicare Cut Find Seniors' Care Jeopardized, Local Jobs Lost, National and State Economies Threatened
Date:5/13/2008

National Long Term Care Leaders Warn Illogical CMS Regulatory Action a Serious Public Policy Misstep; Seniors' Nursing Home Benefits Take Biggest Hit in CA, FL, NY, TX, OH, IL, PA, NJ, MI, MA

WASHINGTON, May 13 /PRNewswire-USNewswire/ -- In releasing a new Lewin Group analysis of the Bush Administration's $770 million cut to Medicare-financed nursing home care, national and state long term care leaders warned the regulatory-driven cuts not only jeopardize seniors' access to quality nursing home care -- particularly in rural areas -- but also present a clear and present danger to the U.S. economy and the state and local caregiver jobs base.

During a media teleconference to release the Lewin economic impact data as well as new state-by-state impact analysis from the American Health Care Association (AHCA), Al Dobson, a Lewin Group consultant, said the so-called "Forecast Error" rule proposed on May 1, 2008 by the Centers for Medicare and Medicaid Services (CMS) represents a net negative total economic impact of $4.5 billion for FY 2009. In addition, the data finds, the $770 million decline in revenue will impact approximately $1.8 billion in wages, 43,530 jobs and approximately $661 million in federal, state and local tax revenue in the first year.

"In rural communities, where nursing homes are among the largest employers, the negative economic effects would be particularly damaging," Dobson observed. "Policymakers must understand and reconcile the dual dimensions of these Medicare cuts in that they not only directly impact seniors' access to quality nursing home care, but also have a negative ripple effect throughout our national, state and local economies."

First Year Economic Impact of $770 million Medicare Nursing Home Payment Cutback on the U.S. Economy:

Direct Indirect Induced Total

Business

Activity

Impact ($) $770,000,000 $458,953,536 $3,295,4
'/>"/>

SOURCE The Alliance for Quality Nursing Home Care; AmericanHealth Care
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine news :

1. Gene Studies of Male-Female Differences Often Flawed
2. Two studies published in the Lancet
3. Study of Studies Finds No Risk to Children From Phthalates in Toys
4. Just Completed Studies Reveal Impact of New Medicare Reimbursement Regulations
5. Studies Prove Exercise Can Heal the Body Mind and Soul
6. Studies Shed New Light on Breast Cancer, Treatment
7. Multi-Year Compendium of Pharmaceutical Case Studies Available from Best Practices, LLC
8. Genomic Health Announces Multiple Studies on Oncotype DX(TM) Presented at 2007 American Society of Clinical Oncology (ASCO) Breast Cancer Symposium
9. Best Practice Database: Complimentary Excerpt of Three Sales Force Excellence Studies
10. Major Pharma Clinical Case Studies From Amgen, AstraZeneca, GSK, Intermune, Cephalon Inc, Sunesis Pharmaceuticals and Dartmouth Medical School During Fall Clinical Focused Programs
11. NIH awards Einstein multimillion dollar grant to extend studies of exceptional longevity
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/28/2015)... March 28, 2015 Thousands of ... manufactured by C.R. Bard, Inc. continue to move ... District Court, Southern District of West Virginia, where ... on the Plaintiffs’ Steering Committee. According to ... granted certain defendants named in those lawsuits leave ...
(Date:3/28/2015)... India Network visitor health insurance announced ... visitors who purchase the plan before arrival in the ... purchase the insurance program as soon as travel plans ... pre-existing medical conditions. Parents and grandparents traveling from India ... serious consequences to their health. Many visitors may not ...
(Date:3/28/2015)... 28, 2015 Pitching speed, player’s height, and ... shoulder and elbow injuries, according to new research released today ... ) Specialty Day. , “Our findings indicate that a 10 ... in likelihood of a history of injury, a 10 mile ... increase likelihood of a history of injury, and playing for ...
(Date:3/28/2015)... March 28, 2015 Delaying rotator cuff ... necessary, according to research presented today at the American ... Day. , “Our study compared results for 170 patients ... an additional glenohumeral joint capsule release procedure to relieve ... MD, PhD, lead author from St. George Hospital in ...
(Date:3/28/2015)... Andrew Hawley of Vintage Rock Posters Inc., ... posters. The Who and the Doors played together at the ... According to Hawley, “The Who toured the United States heavily ... campuses. Perhaps the most famous Who poster was a poster ... Doors on August 2, 1968 at the Singer Bowl in ...
Breaking Medicine News(10 mins):Health News:Federal C.R. Bard Vaginal Mesh Lawsuits Move Forward, As Court Grants Defense Motion to Amend Responses to Master Complaint 2Health News:Federal C.R. Bard Vaginal Mesh Lawsuits Move Forward, As Court Grants Defense Motion to Amend Responses to Master Complaint 3Health News:Federal C.R. Bard Vaginal Mesh Lawsuits Move Forward, As Court Grants Defense Motion to Amend Responses to Master Complaint 4Health News:India Network Health Insurance Today Announces New Eligibility Criteria for Pre-existing Condition Health Insurance Coverage for Visitors to the United States 2Health News:India Network Health Insurance Today Announces New Eligibility Criteria for Pre-existing Condition Health Insurance Coverage for Visitors to the United States 3Health News:Researchers Highlight Shoulder and Elbow Injury Possibility in Youth Players 2Health News:No Need to Delay Rotator Cuff Surgery, Study Shows 2Health News:Avid Collector from Vintage Rock Posters, Inc. Announces His Search For Original 1960's Who Psychedelic Concert Posters. 2
... , , , ... Inc. ("CTI") (Nasdaq and MTA: CTIC) announced today that it was ... to be submitted for a Marketing Authorization Application ("MAA") through the ... coordinated review for approval of pharmaceutical products that is conducted by ...
... health care reform measures, Rush University Medical Center has launched ... from hospital to home. The goal of ... two years ago, succeeds in reducing readmissions within 30 days ... model for hospitals across the country that are seeking ways ...
... DETROIT, July 28 Caraco Pharmaceutical Laboratories, Ltd. ... Doshi has been appointed as interim Chief Executive Officer and ... Daniel H. Movens as Chief Executive Officer and as a ... Movens, tenure, Caraco experienced substantial product expansion and revenue growth. ...
... is pondering, , TUESDAY, July 28 (HealthDay News) -- A ... raise the age at which American women should start Pap ... age at which a woman should first have a Pap ... States, however, women are told to get regular Pap smears ...
... do not appear to increase cancer risk. A large meta-analysis, published ... that snuff as used in Scandinavia has no discernible effect on ... the USA may have increased the risk, but any effect that ... and Jan Hamling, from P.N. Lee Statistics and Computing Ltd, carried ...
... , NEW YORK, July 28 Finding time to ... especially during stressful times. Here,s more on a how you can ... Listen to this report from Kellogg,s at: , ... can access video, audio, text, graphics and photos for free and unrestricted ...
Cached Medicine News:Health News:Cell Therapeutics Initiates Process to Obtain Marketing Approval for Pixantrone in Europe 2Health News:Cell Therapeutics Initiates Process to Obtain Marketing Approval for Pixantrone in Europe 3Health News:Cell Therapeutics Initiates Process to Obtain Marketing Approval for Pixantrone in Europe 4Health News:Rush University Medical Center studies program to help older adults transition from hospital to home 2Health News:Caraco Pharmaceutical Laboratories, Ltd. Announces Change to Executive Team as Jitendra N. Doshi Assumes Position of CEO 2Health News:Teens May Not Benefit from Pap Tests 2Health News:Teens May Not Benefit from Pap Tests 3
(Date:3/27/2015)... March 27, 2015 /CNW/ - Covalon Technologies Ltd. (the ... company, today announced the issuance of an aggregate of ... Company and an aggregate of 120,500 stock options to ... will vest over three years and will be exercisable ... price of $1.40 per stock option. About ...
(Date:3/27/2015)... /PRNewswire/ - Medicure Inc. (the "Company") (TSXV:MPH, OTCQB:MCUJF) announces ... grant of an aggregate of 236,070 options to certain ... the Company pursuant to the Company,s Stock Option Plan. ... the tenth anniversary of the date of grant, 5,000 ... the date of grant and 50,000 are set to ...
(Date:3/27/2015)... , March 27, 2015  Holographic Optical Technologies ... the field of holographic medical imaging, is entering the ... Kickstarter campaign. Launching on April 20 th , 2015, ... Voxbox Pro. The 8-inch and 22-inch displays will allow ... for the first time. In addition to the two ...
Breaking Medicine Technology:Covalon Announces Issuance of Stock Options 2Holographic Optical Technologies brings cutting-edge holograms to consumer market through upcoming Kickstarter campaign 2Holographic Optical Technologies brings cutting-edge holograms to consumer market through upcoming Kickstarter campaign 3
... 23, 2011 Reportlinker.com announces that a new ... Global Medical Imaging Equipment ... This report analyzes the worldwide ... Million by the following Product segments: OEM (Original ...
... announces that a new market research report is available ... Kits and Trays Industry http://www.reportlinker.com/p090645/Global-Prepackaged-Medical-Kits-and-Trays-Industry.html ... markets for Prepackaged Medical Kits and Trays in US$ ... Ophthalmic Custom Trays, Custom or Basin Kits, Custom Ob/Gyn, ...
Cached Medicine Technology:Reportlinker Adds Global Medical Imaging Equipment Services Industry 2Reportlinker Adds Global Prepackaged Medical Kits and Trays Industry 2
... surgery and other types of refractive surgery. ... stromal bed. Flattened tip provides easy insertion ... flap edge. Multiple ports provide multi-directional irrigation. ... 7mm from end. Two .15mm ports 2mm, ...
... designed for LASIK surgery and other ... irrigate the corneal interface and/or stromal ... under the flap and helps elevate ... multi-directional irrigation. 21G x 7/8in (.80 ...
Cannula tip is specially rounded, extra smooth for safe insertion through wound and manipulation in the anterior chamber. 23G x 7/8 in (.60 x 22mm). .3mm end port. Olive shape tip is 2mm long x 1mm w...
For injecting anesthetics into the muscle cone. 25G x 1 1/2 in (.50 x 38mm)...
Medicine Products: