Determining Cost of Provider Care – A Useful Business Management Tool – Cost of Care Part 1

 

Description: Measuring the cost of providing services is critical for making informed business decisions. With the updated District of Columbia Medicaid Fee Schedule moving reimbursement of procedure codes for key behavioral health services from a per-occurrence basis to codes allowing reimbursement based on the amount of time spent providing these services, health care leadership must understand the costs that directly and indirectly support service delivery. This learning session will provide key decision makers, financial analysts, and practice management staff with an understanding of how to determine cost of care and how to compare cost of care with reimbursement rates to inform decision making.

Facilitators: Chuck Weis, MBA, CPA, Principal, Health Management Associates; Caitlin Thomas-Henkel, MSW, Principal, Health Management Associates

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