Life expectancy has increased over the past few years with census showing many people living to 100 years. This trend has spiked the need for home care which offers many opportunities to those interested in opening and operating a home care business.
Although there are many factors to consider before opening up a home care business, one of the most important factor is location, location, location! Make sure you check the census profiles of different cities for the elderly population, age 65 and over before you set up shop. Your success rate may be higher when your business covers an area with a growing population of seniors.
Additionally, with the right mindset and education, you can ensure that your agency reaches its fullest potential. Take charge today and join faculty experts, MaryLou Connolly, Nancy McCoy and Tom Boyd as they review key points needed in order to successfully operate a licensed home health agency.
This two day intensive seminar will cover applicable federal, state and local regulations governing Medicare certified home health providers especially as related to key operational processes ranging from marketing and intake to supervision and management structure.
Financial expert Tom Boyd will explain and provide handouts regarding critical financial components including cost reporting, budget preparation, capital expenditure, payroll, billing, the alphabet soup of home care finance(MAC,RAC,ZPIC,CMS and more), accounting systems, software and principles and Medicare fraud and abuse.
In addition to presenting regulations, licensing, compliance activities and in-depth information regarding the certification activities, home health agency consultants Nancy McCoy and Mary Lou Connolly will also discuss OASIS, OBQM/OBQI, the patient care delivery model, documentation, information system components and practical matters such as location, office space, and hiring and supervision tips.
Other topics that will be covered are: surveys and survey readiness, application process including 855A, DPH/AOs, Chart of Accounts, Financial Statements, Recording Medicare Revenue, NRS Billing, Benchmarking and Dashboards, Labor Laws, Professional Practice Acts and other subject matter deemed to be relevant to the Start-Up of a Medicare certified agency.
Each participating agency will receive a complimentary copy of the “HHA Start up Manual” a CAHSAH resource valued at $400.
• Obtain and complete the Medicare Provider Enrollment Form-855A
• Determine the appropriate background and experience for key agency hires
• Make informed decisions regarding the purchase of policies and procedures, information systems, documentation tools and other agency necessities
• Possess a working knowledge of the Medicare Conditions of Participation
• Know how to avoid fraud and abuse issues
• Accounting requirements for a Medicare HHA
• Financial reports filed with Medicare
• Awareness of regulatory business requirements
• Know the value of best business practices
• Keen awareness of the governmental agencies that may and will affect you
• Anyone who is starting a Medicare-Certified HHA
• Anyone wanting to purchase a HHA
• A state licensed HHA considering becoming Medicare-Certified
• Newly employed management staff for a HHA
• Recent Medicare-Certified Agencies
• Agencies waiting for certification
|
