Proper patient-budgeting probably has the potential to make the quickest and biggest impact on your bottom-line.
Since we in home health must continue to do even more with less, becoming more efficient and cost effective is a MUST for survival and growth. Powerful business tools, expert advice and keen insight are how today’s agencies will achieve this goal. Having robust business tools for decision making is no longer reserved for the most sophisticated agencies. Innovative Financial Solutions for Home Health can provide you with a tool in a very affordable, stand-alone solution that is quick and easy to set up and use and can make a significant impact on your operational results. It is called The Resource Planner and in as little as one to two minutes it can provide a degree of control and accuracy in patient-budgeting that cannot be found anywhere else in the industry. This is patient budgeting done right.
Think it sounds too good to be true? Please take 7 minutes right now to watch a video of how this tool can help you improve your bottom line and your agency operations.
• Link to video: Patient Budgeting Video
Like what you see? Contact us for more information and/or to order today and take back control of your financial future.
Additionally, we are currently offering a 10% discount off the annual license fee for a limited time, so sign-up now and you will be able to ensure that you will have this discounted license fee for the life of your license.
If you’re still not sure, consider this:
- The days of generous reimbursement rates are over;
- Reimbursement rates continue to drop (9th year in a row with significant cuts);
- Rebasing will ensure at least three more years of significant cuts (through CY2017);
- The industry is evolving and becoming more sophisticated;
- Financial/Operational & trend analysis; all forms of budgeting, etc… are becoming more commonplace throughout the industry; and
- The agencies that adopt and utilize these sound business practices are generally becoming (or are) market leaders in their service areas.
In light of the current environment in home health the industry cannot afford to continue to operate the way it has for the last 20+ years. So what can an agency do that’s going to be economical for that agency and yet have the ability to make a significant positive impact on the agency’s operations and bottom-line? Any/all agencies should learn how to properly and accurately do patient-budgeting.
Well, the Resource Planner is a tool that is a low-cost, extremely easy to set-up and use asset that has the potential (if used properly) to make a significant positive impact on your operations and your bottom-line (without negatively impacting your quality outcomes). The Resource Planner allows an HHA to have a more dynamic approach to running its business. This is what proper patient-budgeting enables an agency to do: positively impact its own bottom-line in a proactive manner! This type of patient budgeting has not been commercially available before in this industry. This is not some add-on component to some already existing software that was designed for other purposes; this is a patient-budgeting tool that was designed specifically for the home health industry and was designed in such a way that its ease of use belies the sophistication inherent within. This is a very affordable stand-alone program that you can literally learn to use in less than 10 minutes and only takes a minute or two to complete that provides a degree of control and accuracy that does not exist anywhere else in the industry.
[green]One more thing: the Resource Planner will work for any payor that reimburses via the “PPS” or the “Per Visit” methodology; NOT just Medicare![/green]
So, why not give that video a watch and take that next step to help your agency realize what a difference such a small change can make. Contact us so we can soon begin to help you positively impact your agency and its bottom-line.