Laura Gramenelles, Senior Manager, Simione Healthcare Consultants
Suzanne Sblendorio, Director, Healthcare Technology, Simione Healthcare Consultants
Webinar | Tuesday | Jan. 31, 2012 | 1:00 - 2:00 p.m. ET
Prevent denials, delayed payments and productivity losses that could result from an uncalculated transition to ICD-10.
Home Health Line presents the Surviving the Transition to ICD-10: Practical Strategies for Home Care webinar on Jan. 31, 2012 from 1 to 2 p.m. Eastern Standard Time.
Join Suzanne Sblendorio and Laura Gramenelles, to learn strategies for transitioning to ICD-10 while minimizing the financial risk by preparing you to:
William Simione III (Moderator), Principal, Simione Healthcare Consultants
Maxine Hochhauser, CEO, AllianceCare
Robert Sowislo, COO, Visiting Physicians Association
Speaker TBD, Home Physicians
Michael Ferris, Principal, Simione Healthcare Consultants, LLC
In the new world of home care, growing referrals takes on a whole new complexity. Learn proven strategies to compete and win in 2012 and beyond. This interactive workshop will demonstrate how you can increase referrals without increasing costs. Drive more profitable case mix by using campaigns that position your organization as the logical choice for specific types of patients. Learn how home health, private duty and hospice agencies are using these proven techniques to reach new levels of referral success. Attendees will roll up their sleeves to construct their own program ready to take home and implement. Each attendee will receive the template used to design, implement and execute the sales campaign. If you have competition, you cannot afford to miss this program!
Mike Ferris, Principal, Simione Healthcare Consultants
Kara Osborne, Senior Project Manager, Simione Healthcare Consultants
This must-attend pre-conference workshop with experts Mike Ferris and Kara Osborne engages you in a 5-step process that begins before you arrive and concludes giving you the strategies, tools, techniques and confidence to leverage key accounts into a booming business.
Katherine Northcutt, Senior Project Manager, Simione Healthcare Consultants
2:45 – 3:45 p.m.
Gain more than 1,000 additional hospice referrals a year by adopting a few quick and easy customer-service strategies. Twenty-five year home health consultant Katherine Northcutt will share the proven customer-service best practices – including training your admission nurses to respond to the caller’s needs and adopting a policy to visit every caller – that helped 12 separate hospice clients boost referrals.
Darcey Trescone, RN, BSN, Senior Manager
9:45 – 10:45 a.m.
Help your sales reps manage their time and territory, differentiate your high-achieving sales staff from your underperformers and minimize the financial risk of employee turnover by switching to a sophisticated electronic CRM program. Darcey Trescone, Senior Manager, will walk you through understanding the value of the CRM tool and key considerations in selecting, implementing and measuring success.
Betty L. Gordon
Ari J. Markenson
Session Q: 11am-12:00pm
Robert Simione, Managing Principal, Simione Healthcare Consultants
9:00 – 10:30 a.m.
From compliance to care-transition partnerships, from IT vision to financial performance, this dynamic panel of active buyers in home care and hospice will discuss factors they value most when screening acquisition candidates. Discover how access to capital is changing for buyers and lenders, how it’s affecting their acquisition priorities and how a transaction must meet their strategic objectives and cultures. In today’s volatile economic climate it’s more important than ever that your agency is ready to take advantage of every business opportunity.
Shelly Berman, Principal, Simione Healthcare Consultants, Hamden, CT and Don Cummins, president, Stoneridge Partners, Fort Myers, FL
Speakers: Shelly Berman, Principal, Simione Healthcare Consultants, Hamden, CT. and Don Cummins, president, Stoneridge Partners, Fort Myers, FL
1:00 – 2:30 p.m.
Discover the tangible and intangible factors and key performance indicators (KPI) that drive valuations, what the current multiples are and how they continue to change due to pending Medicare payment cuts, CMS auditor scrutiny and more. You will see examples of recent transactions and find out what drove those valuations and why some deals were above or below the norm.
3:00 – 4:15 p.m.
Increase the value of your agency by adopting a successful compliance program – one of the crucial factors interested buyers use to evaluate potential acquisition candidates. But having a compliance plan isn’t enough. This must-attend session will give you the tools you need to create a culture of compliance that is adequate to meet today’s regulatory challenges, puts you at the top of buyers’ wish lists and ensures your agency can withstand any auditor’s scrutiny.
David Berman, Principal, Simione Healthcare Consultants, Hamden, CT and Betty Gordon, Principal, Simione Healthcare Consultants, Westborough, MA
9:45 – 11:00 a.m.
Take home a due diligence checklist of ways to improve your current practices to save time and headaches in this critical stage of the deal. This in-depth review of your clinical and financial records will make or break the deal. Savvy sellers start getting their houses in order long before any negotiation takes place – you should too. In this session, find out what clinical documentation you’ll need and what the buyers will be looking for. You’ll also learn the revenue recognition and billing standards that earn top marks.
Darcey Trescone, Senior Manager, Simione Consultants, Las Vegas, NV and Les Levinson, Partner, Edwards Wildman Palmer, NY
11:15 a.m. – 12:30 p.m.
Don’t let technical or legal glitches kill the deal. Learn how your technology can influence purchase decisions and what buyers are looking for in an “accountable care” environment. This session will guide you thru a due diligence report card and empower you to navigate the complex, legal issues associated with agency mergers and acquisitions. Take home samples of all the documentation from the letter of understanding through the purchase and sale agreement so you’re ready when it’s time to sell.
Mike Ferris, Principal, Sales, Marketing & Referral Management Consulting Solutions Team, Simione Healthcare Consultants, Chapel Hill, NC
3:00 – 4:00 p.m.
Build a successful marketing and sales department. You’ll not only attract new business but you’ll also increase the value of your agency. Impress buyers with the right percentage of revenue going to marketing, an effective compensation program to incentivize sales staff and reasonable and enforceable non-compete agreements. Plus, measure your referral risk with Mike Ferris’ proven risk factor scale.
David Berman, Principal, CPA, CVA, Simione Healthcare Consultants
This session will focus on anticipated reimbursement changes under the Medicare hospice benefit. Specifically, the
session will discuss the “U-shaped” payment method and its anticipated impact. Also, the speaker will discuss hospice
benchmarking and the meaning of the benchmarks. Lastly, sound financial management techniques will be discussed.
Rob Simione, CPA, Vice President of Simione Financial Monitor and David Berman, Principal, CPA, CVA, Simione Healthcare Consultants
This session will include a review of financial reporting and benchmarking for the Home Health and Hospice
industry. It will include information regarding what key financial metrics an agency should be analyzing and how they should be
using industry comparisons to measure their performance. Simione will also share some financial benchmarks from the Simione
Financial Monitor.
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