by John Reisinger | Jan 9, 2023 | Cost Reporting, Financial Analysis, Financial Fundamentals, Financial Management
Cash versus Accrual – which methodology to use The Home Health Cost Report was recently revised back in 2020 (vers. 1728-20) coincident with the change over to the PDGM version of PPS. As someone that has been reviewing and/or preparing Medicare Cost...
by John Reisinger | Sep 2, 2022 | Budgeting and Forecasting, Budgeting in Home Health, Episodic Budgeting, Financial Analysis, Financial Fundamentals, Financial Management
How to properly budget and use a Forecaster in home health Introduction Budgeting is a basic business/financial fundamental that just about everyone is somewhat familiar with. Forecasting, much less so. Budgeting is where an organization projects out what its...
by John Reisinger | Mar 17, 2017 | Cost Reporting, Financial Analysis, Financial Management
Do You Know Your Medicare Margins? Medicare Margins (as a % of Medicare revenues) have been bandied about for over a decade here in home health. The Medicare Payment Advisory Commission (MedPac) and CMS are the two biggest promoters of this metric. MedPac submits...
by John Reisinger | Feb 27, 2017 | Financial Analysis, Financial Fundamentals, Financial Management, Home Health PPS Rule
Do HH PPS Payment Rates Impact Your non-Medicare Profitability? Home Health (HH) PPS payment rates to the industry are updated every year by the Centers for Medicare and Medicaid Services (CMS). How often are your non-Medicare payment rates updated? If your Home...
by John Reisinger | Feb 20, 2017 | Financial Analysis, Financial Fundamentals, Financial Management
What to do when there is an error Because unfortunately, this is not an unusual situation for home health agencies! The 1099-MISC received by HHAs is incorrect more often than what one would think! The 1099-MISC Form 1099-MISC is a tax form that is used to report all...
by John Reisinger | Feb 6, 2014 | Budgeting and Forecasting, Budgeting in Home Health, Episodic Budgeting, Financial Analysis, Financial Management, Home Health PPS Rule, Patient Budgeting, Resource Planner
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...