Home Health Benchmarks: How Best Practice Agencies Achieve Balanced Results
- Room: Potomac 4-6
- Session Number: 204
Sunday, October 15, 2023: 4:00 PM - 5:00 PM
Speaker(s)
Description
Home health agencies have experienced some challenging years and 2023 and 2024 promise more of the same. Reimbursement rates have been squeezed and further cuts are proposed by CMS, yet costs and regulatory requirements continue to rise. Not to mention the expansion of home health VBP nationally. Agencies are challenged to maintain quality while attempting to become more efficient and productive to battle margin compression. In this interactive session in a panel format, findings will be shared from the FORVIS and SHP’s annual benchmark analyses as they study the financial and operational indicators of the top performing agencies in quality and financial performance. Findings from survey results will be shared on the operational approaches and strategies these top performing agencies use to achieve optimal results in a balanced manner.
Topic(s)
Methodology
Course Level: Intermediate; 1.2 Accounting CPEs (NASBA/BMO) 1 Nursing CNEs contact hours, 1 Nursing Home/Asst. Living Adm. CEs (NAB/NCERS)
Handout(s)
Additional Info
Learning Objective 1:
Identify the key performance indicators that tell the most about home health agency performance
Learning Objective 2:
Explain what top performing agencies are doing to get balanced results in quality and financial performance
Learning Objective 3:
List strategies to improve quality and financial performance in home health operations
Primary Target Audience:
Home Health