Prepare for 2024 with a Financial & Operational Perspective of the Hospice Final Rule

$30.00


[3822] Prepare for 2024 with a Financial & Operational Perspective of the Hospice Final Rule
This program is a MUST for all Hospice staff.


Presentation Info:

  • TAHC&H Event Administrator Conference | Rich-Media Presentation Capture | Online On-Demand Access
  • Presentation Date | November 8, 2023

Program Description: It is crucial for hospice agencies to understand how the Hospice Final Rules impact agency operations both financially and operationally. The Hospice Final Wage Index & Payment Rule is packed full of changes for 2023-2024 including a projection of 3.1% increase in total hospice payments. However, it is not an overall increase in reimbursement rates for everyone due to the significant and widely varying changes in the wage index that drives the local rates an agency receives from Medicare. This program also includes strategic insights with a comprehensive breakdown of the updates to Hospice Conditions of Participation and Hospice Quality Reporting Requirements. See SimiTree’s national speakers, Mike Simione and Laurie Newlun, as they delve into the conversations that matter. You will gain the knowledge and resources for preparing your agency for the impact of both the value piece and financial piece as well as outline anticipated actions providers should take now. This program is a MUST for all Hospice staff.

HCSSA Topic(s) Addressed:

  • §558.259[d][4]agency responsibilities
  • §558.260[a][3]basic principles of management in a licensed health-related setting
  • §558.260[a][6]risk assessment and management
  • §558.260[a][7]financial management

Education-Training Credits:

  • TX HCSSA Administrator/Alternate Continuing Education
    • 1.0 Clock Hr(s)
  • Continuing Education for Nurses
    • 1.0 Contact Hr(s)
    • This program awards CNE until 11.08.2025

Texas HCSSA CE Approval Statement
This program meets continuing education requirements for Administrators and Alternates under Texas HCSSA licensing regulations.

Nurse CE Approval Statement
Texas Association for Home Care & Hospice is an approved provider of continuing nursing education by Louisiana State Nurses Association, an accredited approver by the American Nurses Credentialing Center’s Commission on Accreditation. LSNA Provider No. 4002151


Requirements for Successful Completion
To receive continuing education credits for this online presentation participant must view the entire online presentation, complete an evaluation, and post-test attestation.

Reporting of Perceived Bias
Bias, as defined by the American Nurses Credentialing Center’s Commission on Accreditation (ANCC COA/LSNA) is the “tendency or inclination to cause partiality, favoritism, or influence.” Commercial bias may occur when a CNE activity promotes one or more product(s) (drugs, devices, services, software, hardware, etc.). This definition is not all inclusive and participants may use their own interpretation in deciding if a presentation is biased. The ANCC COA is interested in the opinions and perceptions of participants at approved CNE activities, especially in the presence of actual or perceived bias in continuing education. Therefore, ANCC invites participants to access their “ANCC Accreditation Feedback Line” to report any noted bias or conflict of interest in the education activity. The toll free number is 1(866) 262-9730.

TAHC&H Faculty/Presenter(s): Mike Simione, Director, Cost Reports, SimiTree and Laurie Newlun, MSN, RN, CHC, CHPC, Senior Manager SimiTree Healthcare Consulting

About the Presenter(s): Mike Simione is a Manager with Simione Healthcare Consultants and has been an employee since 2011. Michael has wide-ranging experience in budgeting, strategic planning, cost reporting, financial, clinical and marketing analytics and benchmarking. Michael earned a Bachelor of Science (B.S.) in Chemistry from Bucknell University, graduating magna cum laude and a Master of Business Administration (M.B.A.) from Quinnipiac University, where he received the Faculty Award for Academic Excellence as the top graduate in his class.

Michael’s extensive work with Simione Healthcare Consultants includes the development of comprehensive financial, clinical, staffing and marketing analysis tools to improve efficiencies and financial performance for various home health, hospice and private duty companies. In addition, Michael has in-depth experience providing services for interim management, cost reporting, budgeting, accounting, financial feasibility studies, competitor analysis, strategic planning and regulatory compliance to both freestanding and hospital-affiliated home health, hospice and private duty organizations.

Michael is one of Simione Healthcare Consultants experts on Value-Based Purchasing, providing in-depth evaluations and trending of quality initiatives, as well as detailed projections on the potential financial impact to home health organizations. As an active participant in his profession and community, Michael is a member of the National Association for Home Care & Hospice, the Home Care and Hospice Financial Managers Association, the Young Home Care and Hospice Financial Managers Association and the Arizona Association for Home Care.

About the Presenter(s): Laurie Newlun joined the team as a Senior Manager in 2021 and provides Compliance, Regulatory and Quality Consulting for home health and hospice organizations. A Tennessee resident, she has more than 20 years of experience serving home health and hospice organizations and focused expertise in hospice and palliative care across clinical operations, quality management, and corporate compliance in both hospital and community based settings. Certified in healthcare compliance and healthcare privacy by the Health Care Compliance Association, she is a former national director of palliative and advanced illness and a hospice accreditation site visitor with the Community Health Accreditation Partner (CHAP), where she supported hospice initiatives and the development and implementation of community based palliative care standards.

Prior to serving as vice president of regulatory and clinical compliance for home health and hospice with Healthcare Strategies Inc., Chattanooga, she spent four years as the lead hospice compliance partner with Ensign Services, San Juan Capistrano, CA and Pennant Services, Eagle, Idaho, where she managed hospice compliance activities for more than 40 agency locations in 12 states. During seven years with Hospice of Chattanooga, she served as senior vice president of compliance, executive director of palliative care and nurse manager for acute and long-term care services. She also served as coordinator of both system service excellence and palliative care with Memorial Healthcare System, Chattanooga. At Saint Francis Health System, Tulsa, OK, Laurie spent six years supporting hospice and palliative care 2 SimiTreeHC.com delivery as a clinical supervisor, branch director of satellite services, and inpatient consultation nurse and coordinator. Laurie’s early nursing experience includes staff and charge nurse roles at Children’s Medical Center, Tulsa. Prior to earning a master’s degree in nursing from University of Phoenix, Laurie graduated from Oklahoma City University with a B.S. in health care administration and from Rodgers University with an associate degree of applied since in nursing.


[3822] Prepare for 2024 with a Financial & Operational Perspective of the Hospice Final Rule

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