Financial management of a hospice program.
Agencies interested in starting hospice programs or maximizing the benefits of existing programs need to implement and maintain accurate and effective internal cost accounting systems. Once established, a cost accounting system provides the administrators of the hospice program with information to prepare budget projections, perform break-even analysis, and develop other reports to assist in making sound business decisions to ensure success.
rsimione@simioneconsultants.com
Robert J
RJ
Simione
Kathleen A
KA
Simione
D000368:Aged; D002017:Budgets; D005376:Financial Management / Q000379:methods*; D006738:Hospices / Q000191:economics* / Q000706:statistics & numerical data; D006801:Humans; D007182:Income; D007902:Length of Stay / Q000191:economics; D006278:Medicare / Q000458:organization & administration*; D011445:Prospective Payment System; D014481:United States