2024 Hm Health Landscape- How financial, PDGM, & VBP changes in Final Rule impact your agency


[3819] The 2024 Home Health Landscape - How do the financial, PDGM, and VBP changes included in the Final Rule impact your agency?
This program is a MUST for all Home Health staff.

Presentation Info:

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

Program Description: We all know the home health landscape has been very dynamic over the past several years with the introduction of PDGM, behavioral adjustments, and the national roll-out of Value-Based Purchasing (VBP). The 2024 Home Health Final Rule is now different with Wage Index & Payment Rate updates, another behavioral adjustment, changes to PDGM payment calculations, and significant modifications to the VBP structure for 2025. SimiTree’s national speaker, Mike Simione, details the changes that are coming, helps you to understand how they impact the future Home Health landscape, and provides insights into what your agency can do today successfully navigate this dynamic environment . You will walk away with both the knowledge and resources to become your agency’s expert on the Home Health Final Rule and strategies toward successful operations moving forward. This program is a MUST for all Home Health 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][5]quality improvement
  • §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

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.

[3819] The 2024 Home Health Landscape - How do the financial, PDGM, and VBP changes included in the Final Rule impact your agency?

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