The biggest change to home health in 2o years, PDGM requires educated staff, comprehensive process review, prospective utilization management and financial and administrative reporting that facilitates responsible management of your data and your agency.
HealthCare Strategies has a proven track record of working with hospital-based and free-standing agencies to improve operational and financial performance without jeopardizing patient care.
Management, Consulting & Education
Our customized solutions assist agencies in:
Maintaining accurate financial reporting
Identifying areas of risk
Developing plans to maximize reimbursement under PPS
Developing other payer-specific plans
Improving back office processes
Strengthening the revenue cycle
Providing chart audits and clinical education to improve documentation
HCS will set goals and measure your success to maximize financial outcomes:
Strategic & business plan development
Operational & financial analysis
Information systems consulting
Financial planning & assessments
Using a proprietary financial model, HCS can isolate areas of risk or failure and work with your agency to engineer plans for future success.
FROM THE HCS FINANCIAL MODEL
Agencies are often unaware of profitability by payer category, by county, by physician or by individual payer. Focus and improvement on even the most costly cases may often result in turning a loss into a profit and/or increasing overall profitability.