Constructing Financial Forecasting Models for Optimal Efficiency
Financial forecasting captures relevant operational, statistical, and financial data in one place to enable sound planning and decision making. In addition, forecasting fosters common understanding, enables more detailed and effective budgeting, and stimulates creative thinking. This presentation will show tools and techniques for creating tables and graphics useful for all levels of home health or hospice management.
Benefits
- Define key assumptions and variables that drive business performance.
- Create performance dashboards for communicating key information to managers.
- Construct a financial reporting and economic forecast that models future performance, including expense and revenue structures.
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
William J. Simione III
Principal at Simione Healthcare Consultants
William J. Simione III is a Principal at Simione Healthcare Consultants responsible for the Financial Consulting Division. He has been actively involved in the home care and hospice industry for over 20 years.
Bill has held many interim management positions over the years including Chief Executive Office, Chief Financial Officer, and Director of Patient Accounting at numerous healthcare systems, ranging in size from $12 million in annual revenue to more than $80 million. During his interim management positions he has been responsible for many agency turnarounds, including positioning an agency for acquisition.
Bill is an experienced speaker addressing many national home care and hospice organizations as well as state and local associations. In addition, Bill I an accomplished author with many of his writings published in national and local publications.
Bill is a member of the National Association for Home Care & Hospice, HHFMA Healthcare Financial Management Association, the Connecticut Association for Home Care, and Home Health Care Association of Massachusetts. Bill is a graduate of Villanova University with a B.S. in Accounting.
When
Wednesday, August 6th, 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
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