Thursday, April 12, 2012

Louisiana Nursing Home Medicare Cuts Total $20.3 Million Resulting From Recently-Passed Congressional Tax Bill

WASHINGTON, April 12, 2012 /PRNewswire/ --A brand new Avalere Health analysis detailing a negative stroke on a nation's Skilled Nursing Facilities (SNFs) resulting from so called "bad debt" supplies passed in a Middle Class Tax Relief as well as Job Creation Act of 2012 finds Louisiana SNFs (more commonly known as nursing homes) will suffer a $20.3 million Medicare funding rebate a sixth largest cut nationally."Like many states, Louisiana's Medicaid program is fragile," said Alan G. Rosenbloom, President of a Alliance for Quality Nursing Home Care (AQNHC), which funded a analysis. "Because Medicare as well as Medicaid together pay for a caring of approximately 3 of every four Louisiana nursing home patients, it is consequential to recognize how these brand new federal Medicare cuts dissapoint facilities' already frail funding environment."Regarding health policy, a word "bad debt" is a misnomer, Rosenbloom said. "Nursing homes in Louisiana have no legal recourse to collect 'bad debt' from a Louisiana Medicaid agency -- as well as is some-more accurately described as 'uncollectible debt' as mandated by federal law," stated Rosenbloom. "We must go on to reinforce this fact with congressional leaders, as well as respectfully inspire Louisiana lawmakers to keep this in mind as a budget process progresses."According to a Avalere Health analysis, a "bad debt" cut for nursing homes in a brand new tax law found Florida facilities will catch a largest Medicare rebate ($60.5 million), followed by OH ($30.5 million), IL ($28.8 million), PA ($24.2 million), NC ($22.6) as well as LA ($20.3 million). Additional report as well as methodology records available at www.aqnhc.orgRosenbloom pointed out a nation's nursing home sector is already slated to catch another $48 billion nationally in Medicare reductions between FY 2012-21, as well as which facilities sojourn disproportionately reliant on Medicaid as compared to alternative providers -- with Medicaid paying for 57 percent of patient days.Powered By iWebRSS.co.cc


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