604. Performing Financial Analysis and Measuring Performance in Private Duty is proudly presented to you by National Association for Home Care & Hospice. Thank you. We hope that you enjoy your course.
Description:
Private duty services include many different service types and can involve many different payer sources. Financial analysis and measuring performance can be difficult for such diversity in services and payer mix, and a lack of rich performance benchmarks can pose challenges in interpreting your performance levels. Despite these challenges, private duty service providers need to perform routine analysis on performance to ensure sustainability and guide management in their strategies for performance improvement. This session will present a basic approach to performing financial analysis for private duty programs and introduce key performance indicators that can be used to monitor ongoing performance.
Learning Objectives:
• Define the types of services and payers for private duty programs
• Outline a basic approach to performing financial analyses for private duty programs
• Identify key performance indicators to monitor for private duty programs
Faculty:
Bob Roth
Marissa Muller