Employers and HR managers have repeatedly expressed their dismay about missing out because their Work Opportunity Tax Credit applications weren’t handled professionally.
Home Health Care agencies are all looking for ways to increase their revenues. The Work Opportunity Tax Credit (WOTC) is the most overlooked mechanism for an improved bottom line in the industry. The Work Opportunity Tax Credit is a federal credit that allows companies to claim $2,400 to $9,600 for each eligible new hire. Completing a simple form for each new hire could earn your company hundreds-thousands of dollars in federal tax credits.
A debate has been brewing over the past few years surrounding the Center for Medicare and Medicaid Services (CMS) mandatory and voluntary bundled payment programs. The eventual goal is to shift healthcare providers from fee-for-service payment models to those that are value-based, the most popular being mandatory and voluntary bundled payments. Click to read it all!
The Medicare Cost Report has long been undervalued and underestimated as to its impact on regulatory and reimbursement changes. John Reisinger, of Innovative Financial Solutions for Home Health will bring his vast experience and expertise to enable understanding and practical application of how important the MCR is and how it can be used to positively impact your agency.
Home Health Agencies are already learning about what the new Quality Assurance Performance Improvement (QAPI) program means for their business. The new requirements for providers, which were introduced in the new Conditions of Participation for Home Health, are inclusive of Program Oversight, Executive Responsibility, Scope, Data and Activities.
The new requirement for QAPI is to include an organizational wide approach to performance improvement. Revenue Cycle Management is an integral part of an organization ability to grow and meet the needs of the community. In this fourth session of a four-part series on the new QAPI initiative, Diane Link and Jess Stover of BlackTree Healthcare Consultants will focus on how to assess your agency’s Revenue Cycle and provide information on how to make improvements that will benefit your agency.
The proposed new Home Health Grouping Model has everyone astir in the Homecare space. Nick Seabrook, of BlackTree Healthcare Consulting is back on the pod to discuss this massive issue.
We discuss what the major changes are in this Proposed Rule, how they will impact agencies, and why CMS has made this paradigm-shifting change.
This final session of this Home Health PPS Rule 2018 series focuses on the changes that will financially impact the industry at the agency level as compared to the projected impact to the industry as a whole that CMS identifies (-0.4%). Important statistic: at least one CBSA for 2018 is looking at a reduction of at least 16% for all 918 payment rates, and 218 CBSAs are looking at average payment reductions greater than the -0.4% projected by CMS. Do you know what this change will be for your agency? Do you want to know? Then this education session is for you!