Home Health Compliance: Helping Clinical Understand Financial Risks is proudly presented to you by National Association for Home Care & Hospice. Thank you. We hope that you enjoy your course.
Description:
Clinical work has an enormous impact on not only quality of care, but the financial performance of an agency. Whether they fulfill an administrative or clinical role, the need for financial education and understanding has become an inescapable reality. Not only do clinical leaders already impact the financial health of an agency based on clinical decisions, but they will expand this role with the advent of nation-wide Value Based Purchasing. There is an ever-increasing need for financially informed decision-makers at every level. Though most clinical leaders understand the importance of improving financial performance, few understand how they directly impact the financial condition of the agency through their everyday decisions. This is no more evident than in the process of undergoing any type of audit with a financial risk associated with it. These include Targeted Probe & Edit (TPE), Additional Documentation Requests (ADRs), and a variety of other acronym led auditing entities such as MACs, ZPICS, RACs, etc. This session is designed to help clinical leaders learn how their daily decisions are linked to audit results and the associated financial risks.
Learning Objectives
• Identify the types of audits that home health agencies are subject to, explain the potential financial impact of negative audit results, and how clinical leadership is linked to the audit process.
• Explain the financial impact of everyday clinical decisions and how the affect financial audit risks.
• Identify how clinical leaders can help minimize risk and financial impact of audits.
Faculty:
Nursing 1.0 Contact Hours awarded.
Nursing Contact Hours for this module will expire on August 1, 2024.