Financial success under PPS: how to beat the odds.
Whether you are a publicly held company or a small mom and pop agency, you have to maximize both efficiency and productivity while maintaining patient satisfaction and staff morale. In the new world of home care, this is a tall order. In this first installment of a two part series, the author reviews the dimensions of financial success, issues of length of stay and episode of care, resource utilization planning, and reducing overhead. The second part will cover overall productivity, clinical productivity, and management strategies to synergize financial success under the prospective payment system.
Hollers
F Kay
FK
Healthcare Executive Resources of Austin, Texas, USA. khollers@hcare.com
D019033:Delivery of Health Care, Integrated / Q000191:economics; D017050:Episode of Care; D005376:Financial Management / Q000379:methods*; D006285:Health Planning / Q000191:economics; D018574:Home Care Agencies / Q000191:economics* / Q000706:statistics & numerical data; D006801:Humans; D007902:Length of Stay; D019095:Point-of-Care Systems / Q000191:economics; D011445:Prospective Payment System / Q000191:economics*; D014481:United States; D014600:Utilization Review