104. Optimizing Budgets in Private Duty Home Care: KPIs & Benchmarking Strategies (100 Min)
Monday, July 22, 2024: 11:00 AM - 12:40 PM
Education Credits:Course Level: Intermediate; 2 Accounting CPEs (NASBA/BMO) 1.6 Nursing CNEs contact hours
Speaker(s)
Description
Discover the power of Key Performance Indicators (KPIs) and benchmarking in navigating the financial landscape of private duty home care. Learn how to effectively utilize data-driven insights to drive budgetary decisions, enhance operational efficiency, and achieve sustainable growth. Explore practical strategies and best practices to align KPIs with budgeting goals, empowering your agency to thrive in a dynamic healthcare environment. This session aims to equip attendees with the knowledge and tools needed to leverage KPIs and benchmarking effectively, providing a competitive edge in navigating the financial landscape of private duty home care.
Learning Objectives
1. Explore fundamental KPI relevant to private duty home care operations.
2. Apply benchmarks against industry standards and competitors to inform budgetary decisions.
3. List strategies to utilize KPI insights for smarter allocation of resources.
Handout(s)