Hospice Revenue Cycle: Managing New Cash Flow Complexities

Thursday, April 21, 2016: 10:15 AM-11:45 AM
National Harbor 12 (Gaylord National Resort and Convention Center) - 3rd Level
Faculty:
M. Aaron Little, CPA, BKD, LLP, Springfield, MO
Hospice regulatory requirements have become increasingly complex in recent years with more significant changes planned for 2016. These requirements are expected to continue to evolve as the Medicare Hospice Benefit continues to receive heightened scrutiny from CMS and program integrity contractors. It is critical that hospice providers take time now to assess the impact of these changes to identify potential threats to compliance and cash flow. This session will focus on the impact of the 2016 changes on the revenue cycle by identifying typical compliance and process weaknesses, offer strategies for optimizing the revenue cycle and provide industry revenue cycle performance benchmarks. In addition, faculty will discuss how to handle the accounting transactions for the two levels of Routine Home Care (RHC) and the Service Intensity Add-On (SIA) payment.

Learning Objectives:
1. Identify typical threats to cash flow and compliance relating to 2016 regulatory changes
2. Apply strategies for effective ongoing revenue cycle management
3. Describe how to handle the accounting transactions for the two levels of RHC care and the SIA payment


CE/CME: Nurse, Physician and Social Worker