Financial Management
IFS’s wide-range of financial services help improve your overall financial practice which strengthens your financial health and well-being.
Financial Analysis
We prepare Cost Accounting Models (General to Company specific) and teach/train the Cost Accounting Approach including review of financials.
Budgets
Seize control of your financial planning and increase your company’s financial discipline by using the best Budgeting and Forecasting models.
Cost Reports
Let IFS prepare your Cost Reports and related documents and get accurate, current management reports identifying key drivers and statistics.
Learn How PROPER Patient Budgeting Will Improve Your Operations AND Your Bottom Line
- Optimize your resource utilization
- Strengthen the correlation between the OASIS and Plan of Care for PPS Payors
- Project the estimated Profit/Loss for every episode at the start of that episode
- Works for any payor following the “PPS” or “Per Visit” reimbursement methodology
… told John Reisinger, CPA, that with his “Resource Planner” he had developed a “Home Health Survival Tool” creating a process for making informed decisions by the agency. …
… In a world with ever changing Medicare regulations and cuts, we at Indiana University Health Home Care are lucky to have the Home Health Care Resource Planner to help us maintain a strong and healthy bottom line. Thank you again for supplying such a beneficial and useful tool!
What Is It
The Home Health Care Resource Planner will enable your agency to readily identify the estimated financial outcomes for any/all episodes of care regardless of Payor at the beginning of that episode.
This cloud-based tool will help you strengthen the correlation between the OASIS and Plan of Care for all PPS Episodes, increasing the likelihood of strong and stable profitability.
How Can I Use It?
- Predictable Financial Results
Identify the estimated financial results of any/all episodes at the beginning of the episode. - Case Management Tool
Assist in reviews comparing projected resource needs to resources used. - Predictable Profit and Loss
Allows for unlimited number of “what ifs” to identify and compare financial impacts of potential treatment options.
This web-based tool allows your care providers to recognize the impact that their care plans have on your bottom line. Give it a try!
For the trial, we can use your company with your actual data or our demo company with standard costs and results.