Managing Your Costs & Finding Efficiencies to Remain Relevant
Date/Time: 06/29/2017, 9:00 am - 4:30 pm
Provider: FHPCA
Thursday, June 29, 2017
9:00 am – 10:30 am HST
11:00 am – 12:30 pm AKT
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
Experts are warning hospices to cut expenses and find efficiencies of 10-20% over the next 3-5 years to keep the doors open. This webinar will address the non-staff expenses a hospice should closely monitor and manage. In addition, direct care staff do not focus on daily operational cost considerations, yet their approaches and decisions greatly impact expenditures.
What cost information should be shared with clinical team members? Which functions can and should be outsourced? Are we contracting the way we should? Is there a way to save on insurance and utility costs? What is a pharmacy benefits manager and should we contract with one? Managing supply and DME costs seems straightforward, but is it? This webinar will address these issues and provide potential sources for benchmarking.
HIGHLIGHTS
- Key non-staff expenses and how to monitor them
- Contract negotiations and when to look for new suppliers
- Little-known ways to save money on insurance and utilities
- Proven strategies for managing non-staff expenses
- TAKE-AWAY TOOLKIT
- Key non-staff expenses
- Sources for benchmarking
PLEASE NOTE: Webinar content is subject to copyright and intended for your individual organization’s use only.
WHO SHOULD ATTEND?
This informative session is best suited for financial managers, administrators, directors, and clinical/IDG team managers.
