Value-Based Purchasing: What Home Health Administrators and Managers Need to Know

Course Code: REL-PAC-0-PDHHVBP1

Hours: 1

Type: Online Course

Content Expiration Date: 12/31/2024

Learning Objectives:
Describe the potential financial impact of the national Home Health Value-Based Purchasing (HHVBP) program.
Identify the key data elements needed to successfully monitor an agency’s HHVBP initiatives.
Apply HHVBP projections to budgeting and strategic planning processes.

Outline:

Introduction (00:00:10)

What is Value-Based Purchasing (VBP) (00:00:58)

History and Background of VBP (00:01:31)

Goals of VBP (00:01:52)

Key Findings of the VBP Pilot (00:02:41)

How VBP Will Work (00:04:56)

Overall Financial and Strategic Planning (00:07:50)

The Proposed Rule Rate Cut (00:08:21)

The Return of Sequestration (00:09:11)

Opportunities Presented Through VBP (00:09:35)

OASIS-E is Coming (00:09:57)

Medicare Advantage Expansion and Growth (00:11:07)

The Importance of Data (00:12:27)

Take Action on the Data (00:14:41)

Use Data to Drive Targeted Education (00:17:24)

Updated Benchmarking/Baseline Year (00:18:55)

Key Components of Calculating TPS (00:20:39)

How to Factor VBP Into Budgeting (00:25:03)

Medicare Advantage is a Variable (00:30:09)

The Role of Medicare Advantage in Strategic Planning (00:31:41)

How Providers Should Feel Heading into VBP (00:38:50)

Anticipated Changes to the VBP Program (00:41:21)

Recommended Resources (00:46:54)

Conclusion (00:48:55)

Writer: Stephanie Whitfield, MSN, RN, CPN

Stephanie has over 18 years of clinical and teaching experience. Her areas of expertise are in neonatal intensive care, general pediatrics, home health, and children with medical complexities. She earned her Master's  in nursing from Chamberlain University in 2022. Her professional practice is guided by Jean Watson's philosophy that, "Caring is the essence of nursing." 

Subject Matter Expert: Brian Harris

Brian Harris has amassed eleven years of home health and hospice consulting experience, and utilizes his revenue cycle expertise to improve operations, reporting, and cash flow for agencies across the country. Brian has operated as a CFO and manager/director for various departments within provider organizations including Finance, Billing, Insurance Verification, Authorization, Intake, and Orders Tracking.

Target Audience:
The target audience for this course is: Nurses; in the following settings: Post-Acute Care.

Relias Learning will be transparent in disclosing if any commercial support, sponsorship or co-providership is present prior to the learner completing the course.

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Course Delivery Method and Format
Asynchronous Distance Learning with interactivity which includes quizzes with questions/answers, and posttests.