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◂  March 2015

Avoiding Common Financial Pitfalls - Optimizing Reimbursement
3/26/20151:30pm2:30pm

Published by: illuminadmin

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Webinar

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By 2050, more than 27 million people in the United States will be dependent on long-term care, according to a 2013 report by the US Commission on Long-Term Care. The associated costs of care delivery rose 43% between 2000 and 2011, and are anticipated to continue to rise as seniors move into care facilities at a later age, and with more complex care needs. 1

Providers that depend on Medicaid and Medicare payments are highly susceptible when cuts happen. In 2013, Wisconsin, the shortfall for daily payments of Medicaid dropped even farther, making Wisconsin the third lowest paid state in the nation 2. Capturing reimbursement for care nursing homes provide is more important than ever to ensure operators remain sustainable.

This dynamic presentation will discuss common pitfalls providers make in managing the business of care. Attendees will learn how technology can assist in optimizing reimbursement and make specific recommendations on what LTC providers should be doing today to prepare themselves for the future.

Learning Objectives:

After this session, attendees will be better able to understand:

  1. Learn the modifications you can make to improve your MDS accuracy
  2. Learn methods to increase CMI and RUG scores, while eliminating revenue leakage
  3. Understand how ARD selection can increase reimbursement
  4. Learn how to increase staff satisfaction and decrease staff turnover
  5. Learn how to leverage an EHR to attract new residents

This webinar will be presented by: Jayne Warwick, RN, HBScN Solutions Specialist, Marketing, PointClickCare

1 Source: CMS.gov https://www.cdc.gov/nchs/data/hus/2013/114.pdf
2 Source: https://www.ahcancal.org/research_data/funding/Pages/2013-Medicaid-Shortfalls-Report.aspx

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