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...
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...
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...
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...
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...
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...
This user-friendly, web-based app enables your agency to quickly and accurately project the financial outcome at the beginning of any/all episodes of care regardless of Payor.
