Achieving Cost Management in Home Health Services is proudly presented to you by National Association for Home Care & Hospice. Thank you. We hope that you enjoy your course.
Cost reduction is an important goal in home health and cost analysis is critical. Cost analysis is not simply identifying cost, but it should also be used in assisting decision-makers in service pricing, revenue planning and establishing standard cost. As the industry turns full focus to “value,” how will the analysis of cost change? This session addresses cost management, cost analysis, and strategies to help minimize cost. During this session, attendees will review external factors affecting cost, the impact of reduced payment rates on the profitability of home health, and assess various strategies available to thrive, even in today’s regulatory onslaught.
Learning Outcomes:
• Identify key management reports that affect decision making, including financial statements
• Perform benchmarking and cost analysis
• Describe cost-optimizing strategies that meet operational and patient needs
Faculty:
Michelle Stone-Smith, MBA
David Berman, CPA, CVA