Income
Impacts ($) $480,247,872 $141,926,326 $1,156,905,124 $1,779,079,322
Employment
Impacts (jobs) 15,607 3,469 24,454 43,530
State & Local
Tax Revenue ($) $230,915,715
Federal Tax
Revenue ($) $430,426,858
Source: The Lewin Group analyses of the IMPLAN model.
Direct effect represents the impact (e.g. change in employment or
revenues) for the expenditures and/or production values specified as
direct final demand changes.
Indirect effect represents the impact (e.g. change in employment) caused
by the iteration of industries purchasing from industries resulting from
direct final demand changes.
Induced effect represents the impacts on all local industries caused by
the expenditures of new household income generated by the direct and
indirect effects of direct final demand changes.
Total effect is the sum of the direct, indirect and induced effects.
(1) 42 CFR Part 413, Department of Health and Human Services, Centers for Medicare and Medicaid Services, Medicare Program; Prospective Payment System and Consolidated Billing for Skilled Nursing Facilities for FY 2009, p. 29-31.
A complete copy of the Lewin Group analysis can be found at http://www.ahca.org and http://www.aqnhc.org.
Bruce Yarwood, President and CEO of AHCA, also said a separate analysis
of the $770 million CMS Medicare cuts finds the regulatory changes will
incur an $11.12 per patient day (PPD) cut in Medicare-financed nursing home
care nationally, and will have the most significant negative impact on
seniors in California, Florida, New York, Texas, Ohio, Illinois,
Pennsylvania, New Jersey, Michigan and Mass
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| SOURCE The Alliance for Quality Nursing Home Care; AmericanHealth Care Copyright©2008 PR Newswire. All rights reserved |