Michael Markowitz of TC Services USA joins the podcast in a truly educational episode. He discusses how his company helps agencies take full advantage of the Work Opportunity Tax Credit (referred to commonly as WOTC). This incentive pays an employer $2400 per new employee hired - as long as the new employee meets certain criteria. Within the post-acute healthcare industry, Michael figures less than 10% of employers are taking advantage of this credit. We try to figure out why more companies are not doing this, and he has some good insights as to why. He also lays out the internal machinations of how the red tape works, and how his company helps take the scissors to that.
This is a very straightforward topic and something can impact you and your organization today.
Michael's company website: http://www.tcservicesusa.com/
Michael's software website: http://www.wotcsoftware.com
Curaport's website: http://www.curaport.com
Many patients that are discharged from the hospital for Home Health are at high-risk for rehospitalization, but yet little physician engagement to provide a coordinated care experience. Lisa Kidd, of Baptist Home Health Care provides education on how to develop a program that provides a safety net and true continuation of care across the different entities of the healthcare continuum: Health System, Physician, and all aspects of Home & Community Based Services.
From the HCAF Conference, Arnie Cisneros and Kimberly McCormick of Home Health Strategic Management deliver an excellent session on new care and programming models outlined in the Affordable Care Act that have now arrived. Providers face new challenges that alter many of our historical community care delivery practices. VBP, CCJR, readmission efforts and Alternate Payment Models require a shift from volume to value. This presentation outlines the drivers that to elevate the value in your programs.
From the HCAF Conference: With reimbursement shrinking over the years and a variety of pre- and post-payment reviews and recoupments, budgeting and forecasting your agency's overall bottom line is a challenge now more than ever. John Reiseinger of Innovative Financial Solutions delivers an informative session that will help you make sense of it all and help you chart a course for smoother seas when it comes to budgeting and forecasting for your agency as you set sail towards the new horizon of ACOs and Value Based Purchasing.
Barrett Daniels, my friend and CEO of NextStep Advisor, checks in and talks about the convergence of Healthcare, Wall Street and the IPO world.
We talk about why there are not more 'prominent' Healthcare IPO's and stocks with sex appeal, what makes a healthcare company ready for an IPO, we take a brief foray into politics as it relates to healthcare, and discuss reverse mergers (I was really lost at this point).
We even somehome manage to talk about the cinematic classic Grease 2.
http://nextstepadvisory.com/ (Barrett's company)
Craig Mandeville, founder & CEO of Forcura, and Nick Seabrook, co-founder and Principal of BlackTree Healthcare Consulting join Tripp for a discussion about the Homecare industry.
They review their experience at the Post Acute Link conference recently in Chicago; Nick does a decent job of describing what Forcura is all about. Craig does better however. Then the two of them dive deep into their joint endeavor of Revenue Cycle Optimization.
Craig & Nick then review their approach to improving the "office" side of running a Healthcare organization, and really do a great job pulling out one main point: It is about three main things: People, Process, and Technology.
Then we (kind of) argue about which of those three are most important to really improving an organization.
We also have a quick hit on the new Prior Authorization ruling from CMS.
Excited to have them on come August 25th to present this Revenue Cycle Optimization as a webinar on Curaport.
Curaport - http://www.curaport.com (awesomeness)
Forcura - https://www.forcura.com/ (Craig's company)
BlackTree Healthcare Consulting - http://blacktreehealthcareconsulting.com/ (Nick's Company)
Lincoln Healthcare - http://www.lincolnhc.com/ (hosts of the LINK Conference)
Exact Recruiting - http://exactrecruiting.com/ (Eric Scharber's company)