704. Diversifying Payor Sources in Private Duty Home Care is proudly presented to you by National Association for Home Care & Hospice. Thank you. We hope that you enjoy your course.
Description
Amid economic challenges and shifts in private pay hours, this session delves into strategic approaches for home care agencies to broaden their revenue streams by tapping into alternative payor sources. Explore the opportunities presented by programs such as the VA, Long-Term Care (LTC) insurances, Medicaid, and Medicare Advantage. Discover practical insights to navigate complexities, maximize reimbursement potential, and mitigate reliance on private pay hours. This session aims to equip attendees with actionable strategies to diversify payor sources effectively and fostering financial resilience in private duty home care agencies.
Learning Objectives:
1, Identify opportunities and challenges with diversifying payor sources.
2. List strategies to navigate regulatory requirements and maximize revenue potential.
3. Create a roadmap to incorporate alternative payor sources into your revenue stream.
Faculty: Gregory Bean
Nursing 1.0 Contact Hours awarded.
Nursing Contact Hours for this module will expire on July 23, 2026.