National and CA Elder Care Providers React to Obama Budget: Medicare Cuts May Further...

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Thu Feb 26, 2009 11:38am EST

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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