Cash Management: Too Much, Too Little or Just Right?

The need to develop cash management strategies is especially important for hospices due to potential payment interruptions from Medicaid and Medicare, and to support the long-term financial stability of the entity.  A cash management program can help you keep your cash working until you need it while ensuring that you can meet your operating requirements in today’s uncertain economic environment.   This session will cover ways to organize funds to attain maximum value in pursuit of your hospice’s business strategy.  Participants will gain an increased understanding of the keys to effective program design, the cost of cash gap, the benefits of a cash process assessment and potential treasury management and net asset alternative solutions.