Session Information
NAHC & HHFMA''s 13th Annual Financial Management Conference
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Fundamentals of Healthcare Financial Management
Track : Pre-Conference
Program Code: 801
Date: Wednesday, July 18, 2007
Time: 9:00 AM to 12:00 PM  EST
Location: Grand Ballroom C/D
SPEAKER (S):
Vern Peterschmidt, President, Peterschmidt & Associates, Albuquerque, NM
Steve Peterschmidt, COO, Family Home Health Care, Colorado Springs, Colorado.
Description
This program provides an introduction to the basics for financial management for home care and hospice providers. Whether a rookie or a veteran, this program will establish or refresh your financial management foundation. With this program, attendees will gain an understanding of the healthcare industry from the perspective of both providers and payers. Beginning with such elementary matters as a glossary of terms and acronyms that deluge healthcare financial managers, the program will focus on how third-party payers, including managed care, affect the economic operations of healthcare providers and the latest developments on payment and financing systems.

Objectives
1. Identify the basic financial elements of the healthcare industry.
2. Describe the major issues affecting healthcare and the potential impact of those issues on home care and hospice.
3. Recognize the varied benefit and payment systems and their effect on the financial status of home care and hospice providers.
4. Identify the financial indicators that must be understood in making operational decisions.


No items are available for this session.