Welcome to the HRP Press Room
Date: June 12, 2008
Contact: Rebecca Stodolak
Phone: (732) 292-1100
Money Follows the Person Program:
90-Minute Audio Conference
Scheduled for Thursday, July 31, 2008
from 1:30-3:00 pm ET
MANASQUAN, N.J. -- June 12, 2008: TheDeficit Reduction Act of 2005 created the Money Follows the Person (MFP) Rebalancing Demonstration, the largest demonstration program in the history of Medicaid. The goal of the project is to help reduce existing barriers to allow people to live in the community in a meaningful way.
Medicaid funds that have been budgeted for institutional services can now be used for home and community based services. The demonstration also contains a nursing facility transition (NFT) program that identifies consumers in institutions who wish to transition to the community and helps them do so.
Adult day service programs are part of the solution and a valuable means to achieve the MFP program goals. This is an opportunity for adult services to tap into funds from MFP grants in order to help Medicare recipients.
To date, CMS has awarded almost $1.7 billion in grants to 30 States to help Medicaid consumers in nursing facilities and other institutions to move to community settings using flexible financing arrangements. With these funds, States propose to transition almost 38,000 individuals out of institutional settings over the five-year demonstration period.
Join Adult Day Service Letter and the National Adult Day Services Association for “Money Follows the Person Initiatives: How Adult Day Services Can Tap Into Existing Medicaid Funds,” scheduled for Thursday, July 31, 2008 from 1:30 – 3:00 pm EDT. Hear from the CMS about the details of the Money Follows to Person Initiatives and how adult day services can benefit.
Kate King MFP Project Officer Centers for Medicare and Medicaid Services (CMS), and Peter Notarstefano Director, Home & Community-based Services American Association of Homes and Services for the Aging, will discuss topics such as:
Address: Health Resources Publishing, 1913 Atlantic Ave., Suite F5, Manasquan, NJ 08736; (732) 292-1100, www.healthresourcesonline.com