Determining Your True Cost of Providing Hospice Services

Friday, May 1, 2015: 11:00 AM-12:00 PM
National Harbor 12/13 (Gaylord National Resort and Convention Center) - 3rd Level
Primary Presenter:
Gary Massey, CPA , Jand G Consultants Inc, Charlotte, NC
Kelly Dennis, CPA , HCI Care Services, West Des Moines, IA
This session will provide financial and operational staff within a hospice some financial fundamentals and benchmarks related to "overhead" in their organization. Faculty will discuss the elements of the organization that contribute to overhead and the importance of developing tools for managing these expenses.

Learning Objectives:
1. Evaluate what elements of your cost structure relate to overhead
2. Discuss the impact of diversification in reducing the percentage of overhead that is included in your cost structure for hospice services
3. Describe the benchmarks for overhead elements and how overhead can influence a merger or acquisition

CE/CME: CPA, Nurse, Physician and Social Worker
See more of: 60-minute session