Key Policy Changes to Improve Access and Lower Costs in Long Term Care Facilities
3 - 4 p.m.
Meeting Room 327
The elderly consume a large percentage of total U.S. personal healthcare expenses due to expensive chronic conditions and disabilities. More than 1.4 million residents were living in U.S. nursing homes on December 31, 2011. The majority of those residents receive either Medicare or Medicaid benefits, or are dually eligible for both programs. Increasingly, medical providers, and specialty physicians in particular, are unwilling to accept additional Medicaid and Medicare patients. This limits long-term care facility residents' access to needed healthcare services. According to the Kaiser Family Foundation, an estimated 40 percent of nursing facility residents are admitted to the hospital in a typical year, and one-quarter of these may be preventable. The panel presentation will address the important need for the use of telehealth and other technologies in long term care facilities, and provide data on estimated cost savings from avoided transfers, reduced admissions and other shared savings to the use of telemedicine in long-term care facilities.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063