Details
 

May 30, 2019
3:30-4:30PM

Ready for PDPM: Critical Business Intelligence Capabilities to Drive Success in the new PDPM World and Beyond

WEBINAR

Ready for PDPM: Critical Business Intelligence Capabilities
to Drive Success in the new PDPM World and Beyond

Three Different Webinar Opportunities: 

  • Wednesday, May 22 2:00 – 3:00pm ET
  • Thursday, May 23 3:30 - 4:30pm ET
  • Thursday, May 30 3:30 - 4:30pm ET

As we all know, the new PDPM methodology becomes effective later on this year, and will significantly change reimbursement and documentation requirements for services provided to our patients and residents. High-level profitability analysis will no longer be sufficient to guide Members through complex strategic and operational decisions; the ability to focus on therapy minutes provided to patients to maximize reimbursement is gone - replaced by patient-centric indicators such as primary diagnosis, activities of daily living (ADLs), Brief Interview of Mental Status (BIMS Score), and various other measures. Post-acute providers today are further challenged by the complexities of reporting from multiple clinical, operational, labor, and financial systems.

Freed Maxick, a LeadingAge Member Solutions Partner, has helped Members quickly accelerate the conversion of their mountains of data to generate critical, system-wide information that supports rapid decision making on complex decisions using their state of the art Business Intelligence platform. During our upcoming informational sessions, learn how Business Intelligence can effectively address many of these challenges, including:

  • Patient-Level Profitability: Discover how producing a patient-level P&L that allocates cost down to the individual resident, can help you understand how acuity, therapy costs, pharmacy costs and supply costs can lead your organization to better understand the profitability of clinically complex patients. (Spoiler Alert: many organizations pursue residents that yield a higher daily reimbursement rate, yet those patients tend to be the least profitable unless certain activities are managed proactively).
  • Diagnosis:  Diagnosis will play a starring role in the new PDPM methodology. The ability to monitor costs and profitability by diagnosis will be a critical capability.
  • Labor and Overtime: Understand key drivers of Overtime (OT) cost, and aligning typical drivers of OT utilization by department, job category, seasonality, etc.
  • Census and Occupancy rate reporting: Knowing the payer mix of the in-house residents, and comparing the current MTD census and RUG mix (and in the future, PDPM Mix) to what you budgeted helps predict where you will end the month from a revenue perspective.

Be sure to join Freed Maxick’s Jack Sieber, Dan Gerena and Josh Lamendola as they demonstrate how their fully-hosted Business Intelligence platform is addressing the challenges noted above for some of our members, while making it possible to avoid having to make significant investments into hardware, software, and FTEs,

JOIN THE CONVERSATION!

Register Now and Join Us for any of the available webinar dates listed below:

Click here to register. 

  • Wednesday, May 22 2:00 – 3:00pm ET
  • Thursday, May 23 3:30 - 4:30pm ET
  • Thursday, May 30 3:30 - 4:30pm ET

After registering, you will receive an email containing information about joining the meeting for the date selected.

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2019-05-30 15:30:00 2019-05-30 16:30:00 America/Detroit Ready for PDPM: Critical Business Intelligence Capabilities to Drive Success in the new PDPM World and Beyond Ready for PDPM: Critical Business Intelligence Capabilities to Drive Success in the new PDPM World and Beyond Three Different Webinar Opportunities:  Wednesday, May 22 2:00 – 3:00pm ET Thursday, May 23 3:30 - 4:30pm ET Thursday, May 30 3:30 - 4:30pm ET As we all know, the new PDPM methodology becomes effective later on this year, and will significantly change reimbursement and documentation requirements for services provided to our patients and residents. High-level profitability analysis will no longer be sufficient to guide Members through complex strategic and operational decisions; the ability to focus on therapy minutes provided to patients to maximize reimbursement is gone - replaced by patient-centric indicators such as primary diagnosis, activities of daily living (ADLs), Brief Interview of Mental Status (BIMS Score), and various other measures. Post-acute providers today are further challenged by the complexities of reporting from multiple clinical, operational, labor, and financial systems. Freed Maxick, a LeadingAge Member Solutions Partner, has helped Members quickly accelerate the conversion of their mountains of data to generate critical, system-wide information that supports rapid decision making on complex decisions using their state of the art Business Intelligence platform. During our upcoming informational sessions, learn how Business Intelligence can effectively address many of these challenges, including: Patient-Level Profitability: Discover how producing a patient-level P&L that allocates cost down to the individual resident, can help you understand how acuity, therapy costs, pharmacy costs and supply costs can lead your organization to better understand the profitability of clinically complex patients. (Spoiler Alert: many organizations pursue residents that yield a higher daily reimbursement rate, yet those patients tend to be the least profitable unless certain activities are managed proactively). Diagnosis:  Diagnosis will play a starring role in the new PDPM methodology. The ability to monitor costs and profitability by diagnosis will be a critical capability. Labor and Overtime: Understand key drivers of Overtime (OT) cost, and aligning typical drivers of OT utilization by department, job category, seasonality, etc. Census and Occupancy rate reporting: Knowing the payer mix of the in-house residents, and comparing the current MTD census and RUG mix (and in the future, PDPM Mix) to what you budgeted helps predict where you will end the month from a revenue perspective. Be sure to join Freed Maxick’s Jack Sieber, Dan Gerena and Josh Lamendola as they demonstrate how their fully-hosted Business Intelligence platform is addressing the challenges noted above for some of our members, while making it possible to avoid having to make significant investments into hardware, software, and FTEs, JOIN THE CONVERSATION! Register Now and Join Us for any of the available webinar dates listed below: Click here to register.  Wednesday, May 22 2:00 – 3:00pm ET Thursday, May 23 3:30 - 4:30pm ET Thursday, May 30 3:30 - 4:30pm ET After registering, you will receive an email containing information about joining the meeting for the date selected. WEBINAR
Our national partner, LeadingAge, is an association of 6,000 not-for-profit organizations dedicated to expanding the world of possibilities for aging. Together, we advance policies, promote practices and conduct research that support, enable and empower people to live fully as they age.