Navigation Links
New Study Finds Medicaid Under-Funds Long Term Care by $4.4 Billion Annually
Date:10/2/2007

WASHINGTON, Oct. 2 /PRNewswire-USNewswire/ --

WHAT: Now that Congress has made important progress toward reauthorizing

the Children's Health Insurance Program (CHIP), the American

Health Care Association (AHCA) is urging leaders on both sides of

the aisle to focus on quality long term care for our nation's

frail elderly, and people with disabilities.

BDO Seidman, LLP and Eljay, LLC are releasing an independent study

that calculates Medicaid underfunds long term care by $4.4 billion

nationally -- an increase of 45% from 1999 to 2007. The BDO

Seidman/Eljay report also estimates the national average per

patient per day shortfall to be $13.15. States with the greatest

disparity between the cost of care and Medicaid reimbursement are

(listed by order of impact): Illinois, New Jersey, Wisconsin,

Minnesota, Vermont, New Hampshire, Missouri, Delaware, Washington,

and Massachusetts.

Eighty percent of nursing home residents rely on Medicare or

Medicaid for their long term care. Even with positive Medicare

rates, Medicaid underfunding threatens the financial stability

necessary for continuing long term care quality improvements. In

fact, when considering both Medicare and Medicaid, long term care

operates with a 2.5% negative margin.

WHO: Representative Steve Kagen (D-WI), a triple board certified

physician, will headline the Medicaid briefing. American Health

Care Association (AHCA) President and CEO, Bruce Yarwood, also

will address the report's findings and call on federal lawmakers

to work with the long term care profession to find new and

creative solutions to meet the future needs of frail, elderly, and

disabled Americans who need long term care and services.

WHERE: 1116 Longworth House Office Building

WHEN: Wednesday, October 3, 2007

10:00 a.m.


'/>"/>
SOURCE American Health Care Association
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. Rural Canadians travel far for specialists: study
2. A new study surpasses Gene Therapy Hurdle
3. Tomato Sauce reduces Cancer Risk- Study
4. A question on study of Adult Stem Cell
5. Study on obesity and heart failure
6. National Lung Study in the process
7. Marijuana gateway theory strengthened by study of twins
8. Old theory of adaptation confirmed by new study
9. Study casts doubt on keyboard ills
10. Gene study links endometriosis, infertility
11. Study reveals how stress can make you sick
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2017)... ... ... Hammer Strength, the world’s leading performance strength training brand, and the National Basketball ... NBSCA Strength & Conditioning Coach of the Year. , In its 11th year, ... the coach who embodies the highest level of excellence and outstanding service to their ...
(Date:6/27/2017)... North Hollywood, CA (PRWEB) , ... June 27, ... ... on orthodontic treatments . Orthodontics is a dental specialty that focuses on ... other appliances. Benefits include improved aesthetics and function. , North Hollywood ...
(Date:6/27/2017)... Washington DC (PRWEB) , ... June 27, 2017 , ... ... Report Best Children’s Hospitals rankings, with its Neonatology program ranking #1 out of ... was also named to the coveted Honor Roll, a distinction given to the ...
(Date:6/26/2017)... ... ... Dental Center is now offering various types of dental implants to restore lost teeth. ... prosthetic teeth, such as crowns, bridges, or dentures. An implant is placed directly into the ... for the tooth. , Several types of dental implants are available, including: , ...
(Date:6/26/2017)... (PRWEB) , ... June 26, 2017 , ... ... group in the country, today announced the hiring of Richard Robinson as chief ... diverse leadership and operations experience, with a proven track record of simplifying business ...
Breaking Medicine News(10 mins):
(Date:6/5/2017)... , June 5, 2017 Kohll,s Pharmacy ... the United States . The Raizer is ... a fallen person up to an almost-standing position ... and operated by one assistant and does not ... is simple enough that a child can operate it, ...
(Date:6/1/2017)... Pa. , June 1, 2017 Nutriceutical ... and Veterinarian Recommended Solutions (VRS), and KD Pharma Group ... in Nutriceutical Holdings by KD Pharma Group. KD Pharma ... with the option to acquire the entire company. ... in KD. They are committed to growing the NH ...
(Date:5/30/2017)... TEL AVIV, Israel , May 30, 2017 /PRNewswire/ ... clinical stage pharmaceutical Company specializing in the development ... management will present a company overview at three ... The 7th Annual LD Micro Invitational: ... Date:                     ...
Breaking Medicine Technology: