National and CA Elder Care Providers React to Obama Budget: Medicare Cuts May Further...
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National and CA Elder Care Providers React to Obama Budget: Medicare Cuts May Further Weaken Economy New DATA Released Illustrating Depth of Long Term Care Impact as Driver of Economic Activity News Teleconference: Friday, February 27, 2009 Noon EST / 9:00 a.m. PST Dial (800) 762-7308 WHAT: National and California-based eldercare advocates will hold a Friday, February 27, 9:00 am PST (12:00 noon EST) media teleconference to detail how the Obama budget blueprint will cut Medicare - jeopardizing quality senior care and weaken major drivers of economic activity. Bruce Yarwood, President and CEO of the American Health Care Association (AHCA), will broadly detail the long term care profession's reaction to the FY 2010 budget outline, how proposed Medicare cuts will jeopardize quality health care for our nation's seniors, and how cuts will weaken this economic sector. Data will be released that illustrates how the long term care sector is a major driver of economic activity as it directly employs nearly 3 million individuals, generates $56.1 billion in tax revenue annually, and indirectly contributes $371.9 billion to the U.S. economy every year. James Gomez, President and CEO of California Association of Health Facilities (CAHF), will discuss how California seniors and providers will be impacted by the Obama budget. He will outline specifically how the recently-passed economic stimulus bill and its new Medicaid spending for states to help bolster long term care could be undermined by federal Medicare cuts and comment on economic activity data specific to California's long term care sector. Lori Porter, a national spokesperson for the Coalition to Protect Senior Care - a coalition of national front line caregiver organizations, will discuss the importance of Governors ensuring federal economic stimulus resources are actually dedicated to seniors' care - not diverted to state projects unrelated to eldercare. WHO: Bruce Yarwood, President and CEO for the American Health Care Association (AHCA). James Gomez, President and CEO for the California Association of Health Facilities (CAHF). Lori Porter, Certified Nurse Assistant, co-founder and national spokesperson for the Coalition to Protect SeniorCare. WHEN: Friday, February 27, 2009 - 12 Noon EST / 9:00 AM PST**To participate in the teleconference, please dial (800) 762-7308 and ask for Nation's Eldercare Providers React to Obama Budget. To RSVP, please contact Rebecca Reid at 410-267-1128 or reidconsulting@comcast.net. CONTACT: Rebecca Reid, +1-410-267-1128, reidconsulting@comcast.net, for American Health Care Association /PRNewswire-USNewswire -- Feb. 26/ SOURCE American Health Care Association
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