403. Transforming Today’s Clinical Leader into Tomorrow’s Financial Partner is proudly presented to you by National Association for Home Care & Hospice. Thank you. We hope that you enjoy your course.
Description
What makes clinical leaders stand out in a crowd and sets them apart from their peers? Financial Acumen! Today’s clinical leaders must have a strong understanding of the financial indicators that drive the clinical operations and the bottom line. As a financial leader, it is crucial to explain the why behind the numbers as well as the various levers that impact financial performance and bottom line. This session looks at how clinical and financial staff can work together to share information and ideas about how to best serve patients in new ways and improve overall performance. From coding and visit utilization to OASIS-E and Value Based Purchasing (VBP), clinical decision-making, processes, and documentation are key drivers to both clinical and financial outcomes. This session will help clinical leaders learn how their daily decisions are linked to not only clinical outcomes, but regulatory risks or financial up or down side.
Learning Objectives
• Explain the financial impact of everyday clinical decisions including how
to identify, mitigate, and track outcomes and performance.
• Identify opportunities and concrete ways clinical and financial teams can
structure productive discussion.
• Discuss the key financial indicators to monitor and focus on.
• Review ideas that agencies have identified to provide care that is cost
effective, mitigate audit risk, and produces great outcomes for patients.
• Review reports and tools that help financial and clinical teams to talk to each other.
Faculty:
Nursing 1.0 Contact Hours awarded.
Nursing Contact Hours for this module will expire on July 16, 2025.