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How to Manage Hospice Pharmacy, Supply, and Other Costs $25.00
2016 Financial Management Conference
 

How to Manage Hospice Pharmacy, Supply, and Other Costs

How to Manage Hospice Pharmacy, Supply, and Other Costs is proudly presented to you by National Association for Home Care & Hospice. Thank you. We hope that you enjoy your course.

There are potential reductions in hospice reimbursement from the 2016 changes to the Medicare payment system and an ongoing threat that Medicare Advantage and Medicaid managed care plans may have to assume responsibility for hospice payments from Medicare. These looming developments make it more important than ever that you understand how to manage your overall hospice costs. This is especially true in the areas of pharmacy, durable medical equipment, and medical supplies, which represent the bulk of non-salary-related expenses in your agency. This session will supply you with management tools to compare your different hospice costs with relevant benchmarks and provide real-life examples of agencies that have negotiated better contracts to effectively manage these costs. Learn the value of quality cost data and how your agency can collect it. We will focus on identifying relevant benchmarks, especially for pharmacy, durable medical equipment, and medical supply costs.

Learning Objectives

• Identify and properly group your hospice costs by category
• Select the right benchmarks by which to gauge your costs and identify problem areas
• Develop action plans to reduce costs that diverge from benchmark levels
• Use reports and tools to negotiate with vendors and reduce overall costs

 Faculty: 

Andrea Devoti, MSN, MBA, RN, CHCE

Josh Sullivan, MBA

Walter Borginis III< CPA, MBA, CGMA

Nursing 1.6 Contact Hours awarded only.  At this time NAHC does not offer online accounting credits but may in the future. 

Contact Hours for this module will expire  July 12,  2018.

 

ITEM: #394729
$25.00
How to Manage Hospice Pharmacy, Supply, and Other Costs
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