News - Part 2
Alliance Urges MedPAC to Recognize Medicare-Medicaid Funding Link as Study Details Razor-Thin SNF Margins
As MedPAC Meets Today to Consider SNF Medicare Funding, Alliance Urges Caution as Facility Job Losses, Threat to Patient Care Proliferate Washington, DC – Concurrent to a new independent study finding the nation’s second largest health facility employer is already surviving on razor-thin operating margins, the Alliance for Quality Nursing Home Care (Alliance) today urged the Medicare Payment Advisory Commission (MedPAC) to make Medicare funding decisions based upon the significant, documented underfunding of Skilled Nursing
A Proposal to Improve Our Nation’s Financing System to Meet Seniors’ Long Term Care Needs
Executive Summary Reform, Planning, New Benefits: The Right Proposal at the Right Time Overview. As the first baby boomers turn 65, the cost of long term care (LTC) and post-acute care expenditures (care following a hospital stay) will continue to increase dramatically. In fact, this sharp increase is predicted to continue for the next fifty years—due to the aging baby boom generation. Both federal and state budgets are facing enormous financial pressures from this cost
New Economic Impact Study: Obama Administration Implementation of Bush-Era Medicare Regulation Will Cost U.S. $2.5 Billion in Business Activity, Cut Over 30,000 Jobs
AHCA, Alliance Warn Sizable Job Losses in Key Economic Sector Undermines Obama Administration’s Economic Stimulus Objectives, Contrary to Broader Health Reform Goals Washington, DC — In releasing a new economic impact study detailing the importance of the skilled nursing facility (SNF) sector to the nation’s economic activity and employment base, leaders of the American Health Care Association (AHCA) and Alliance for Quality Nursing Home Care today warned implementation by the Centers for Medicare and Medicaid