Financial Management

Are You Solving the Problem—or Treating the Symptoms?

Are You Solving the Problem—or Treating the Symptoms?

Why Organizations Often Wait Too Long to Seek an Outside Perspective Most organizations experiencing a persistent financial or operational problem are not doing nothing. Ownership and management may have spent months changing processes, adjusting staffing, reviewing...

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Medicare Margins: How Does Your Agency Compare?

Medicare Margins: How Does Your Agency Compare?

Medicare Margins and you. Your home health agency generated a positive Medicare margin last year. Is that good? It is certainly better than a loss. But a positive Medicare margin does not necessarily mean an agency is performing well. Suppose your agency generated a...

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What Your Financial Statements Are Trying to Tell You

What Your Financial Statements Are Trying to Tell You

Why revenue and bottom-line profit are not enough to manage a home health agency The financial figures in this article are approximate, and certain details have been generalized to protect client confidentiality. Several years ago, the owner of a Medicare-certified...

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Three Questions Every Home Health Agency Should Ask When Reviewing the Home Health PPS Proposed or Final Rule

Three Questions Every Home Health Agency Should Ask When Reviewing the Home Health PPS Proposed or Final Rule

Each year, when CMS releases the Home Health Prospective Payment System (PPS) Proposed and Final Rules, much of the industry's attention focuses on a single number: the projected change in Home Health Spending (HHS). While that figure may provide useful information...

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Recent Hospice Updates and Information,

Recent Hospice Updates and Information,

and planning for the CY2027 HH PPS Proposed Rule Following are some updates, articles, and information applicable to Hospice (above), and Home Health (below), that all should be aware of, and preparing for where appropriate: Hospice Issues/Considerations: The 2027...

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Overutilization in Home Health

Overutilization of resources in home health is a hidden expense for the agency and a drain on profitability. Minimizing overutilization is one of the easiest ways to improve an HHA’s profitability, but you need to know how to identify and address it effectively.

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