HOUSTON--(BUSINESS WIRE)--Physicians Adult Daycare, Inc. (Pink Sheets:PHYA - News), CEO, Duane Starkey stated, “Adult Daycare is the most economical service for seniors and the handicapped. We must plan for more innovative programs in Healthcare that reduce the costs to the government and the individual.
“The Public needs to be informed about the costs of various programs so they can prepare and plan for the present and future. The American Way is to shop and bargain for the best deal that can be made. We always are on the alert for new products designed to make our life easier and to save money at the same time, we want the Best for Our Money. When it comes to healthcare we take a different approach. We take whatever is offered by providers and government funding and complain about rising costs. Elders and the handicapped are often institutionalized prematurely to relieve the caregivers of the stress and the economic burden of caring for their loved ones.
“Adult Daycare provides services for the elderly and the handicapped at the most reasonable costs among all the providers. Studies of seniors have proven that Adult Daycare reduces the onset of Dementia and Alzheimer. Costs for these services are reimbursed for Medicaid clients that qualify. Medicare anticipates funding for these services in mid-2009.”
Cost Comparisons of Current Elderly Care Services
Health Service Cost Per Day
Nursing Home $176 - $240
Assisted Living $90 - $100 + cost of services
Home Care
$40 - $80 (2 hours / day)
(LPN-RN) $80 - $150 (4 hours / day)
Adult Day Care $28 - $58 (6 hours / day) includes transportation
About Physicians Adult Daycare, Inc.
Physicians Adult Daycare provides needed services for an Improved and Extended Quality Of Life for Eldercare and the Handicapped. We help Seniors preserve their Independent Living Lifestyle and bring relief to their Caregivers.
For additional information on Physicians Adult Day Care Inc., please visit the corporate website, http://www.physiciansadultdaycare.com.
Forward-Looking Statements:
Certain statements in this news release may contain forward-looking information within the meaning of the Federal securities laws. All statements, other than statements of fact, included in this release may include forward-looking statements that may involve risks and uncertainties. There can be no assurance that such statements will be accurate and actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances or to reflect unanticipated events or developments.
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