How Can I Improve My Cash Flow?
One of the critical success factors for home care organizations is effective Accounts Receivable Management. Your AR processes must reflect best practices and the use of key indicators. Many agencies struggle with managing and monitoring their accounts receivables. With the recent changes in regulations, such as the Face 2 Face encounter, the one area most executives fail to feel the impact until it is too late is accounts receivable. Faculty will introduce a simple monitoring tool that can be used to monitor bill and collections and review key pre-billing activities; claim submission activities; and collection activities.Benefits
- Discuss Revenue Cycle Managementand the process flow.
- Discussion on how to be MAD about Revenue Cycle
- Demonstrate how to develop and report Key Performance Indicator for Revenue Cycle
CE Credit
Participants will earn 1.0 contact hours of continuing education credits for attending this event.
Axxess is an approved provider of continuing education in the administration of home health agencies by the Texas Department of Aging and Disability Services.
Speaker
Mark Romano
Manager, Simione Healthcare Consultants
Mark Romano is Manager at Simione Healthcare Consultants with experience in assisting in the recovery of outstanding and current Accounts Receivable for multiple agencies. Mark also has experience in preparing budgets and cash flow projections, preparing Medicare Home Health, Hospice, and Home Office year end cost reports.
He has experience assisting in a number of Operational/Financial Analysis of Home Health and Hospice Agencies and assisting in multiple Financial Due Diligences of Home Health Agencies.
When
Wednesday, June 4th, 2014
12:00 pm - 1:00 pm
Where
Online
Who should attend
- Homecare Administrators
- Homecare Directors
- Clinical Managers
- Clinicals Educators
- Quality Assurance Managers
- Homecare Nurses
- Homecare Therapists
- Billing Staff
- Financial Staff
Industry Insights
For Healthcare at home
Get the latest news and business insights affecting home health, hospice and home care providers.
Subscribe Today