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...
Financial Fundamentals in Home Health: where have they gone? Financial Fundamentals in Home Health have greatly deteriorated since the inception of PPS. To succeed, HHAs will have to re-introduce them to their operations. Most HHAs do have some level of financial...
Changes in Wage-Indices for CY 2016: After the transitional period of the Service Areas/Wage-Indices (only applicable to 2015) there are now going to be 509 distinct Service Areas, each with their own Wage-Index (there were 445 services areas in 2014). Every year I do...
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...
Well, here we are again in the last quarter of the year (for those on a calendar year) and it’s time to start working on your budget for 2014. Well, at least for those that do budgets; which my experience has shown to be around 50% of the companies out there. I am not...
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The Home Health Care Resource Planner
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.
