CMS has made it clear that the current reimbursement models for healthcare delivery is not sustainable and is in the midst of significant change. What this means for the Post-Acute Care industry is still somewhat murky, but make no mistake – new Alternative Payment Models are coming and will impact your organization. Home Care providers can play an increasingly pivotal role in post-acute care delivery, however the key to playing this pivotal role is ensuring the entire organization has a clear understanding of what an Alternative Payment Model (APM) is and the risks associated with implementing these models.
Mark Sharp and Raymond Belles of BKD conducted this educational presentation that will enhance your organization's ability to take a proactive approach to the inevitable reality of new reimbursement models. Highlights of this session:
Case Studies in Optimal Revenue Management Cycle Redesign is an empirical look at the results of redesigning your revenue cycle processes. In today's volatile market, making sure you are manging your internal processes with proficiency will increase your profits and peace of mind. Elements that will be covered in depth in this session:
Nick Seabrook and Craig Mandeville are bright and credible minds in the financial space of Healthcare. This is a great opportunity to learn from the best!
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.