HCM Marketplace

AUDIOCONFERENCE ON TAPE

sponsored by Ambulatory Surgery Compliance and Reimbursement Insider

presented on December 12, 2005

How to solve the top two financial management challenges for your ASC

With reimbursement rates frozen until 2010, sound financial practices are more important than ever to the success of your ambulatory surgery center (ASC). Increase the profitability of your ASC through effective case-costing and cost-benefit analysis. During this 90-minute audioconference, our expert speakers will tell you how!

Maximize your spending and take a hard look at how you can improve the financial health of your ASC.

During Mastering Case Costing and Cost Benefit Analysis: Strategies to Boost Your Bottom Line, John Goehle, MBA, CASC, CPA and Patricia A. Churchwell, RN, BA, take you step-by-step through the process of case-costing and cost-benefit analysis. They'll give you the tools you need for a financially healthy and successful ASC. They will provide a sample cost-accounting worksheet, as well as give you valuable advice on how to analyze the results of cost accounting. They'll also walk you through the fundamental elements of financial projections.

You don't have to take an accounting class to feel comfortable with the financial aspects of your job. This valuable audioconference provides the critical information you need the easy way. You'll walk away from Mastering Case Costing and Cost Benefit Analysis with the resources to greatly and positively influence the revenue and reimbursement at your ASC.

AGENDA

• Case costing
  • Reasons to do cost accounting
  • How to determine which procedures to evaluate
  • Revenue and reimbursement
  • Factors to determine direct costs
  • Determine indirect costs
  • Sample cost-accounting worksheet
  • How to analyze results of cost accounting
• Cost-benefit analysis
  • Introduction to financial projections
    • Types of pro-forma projections
    • Resources to assist with process
    • Tools to use
  • Types of analyses and when to use them:
    • Sensitivity analysis
    • Breakeven analysis
    • Cost-benefit analysis
  • Sensitivity analysis
    • Example of a simple sensitivity analysis
  • Breakeven analysis
    • Example of a simple break even analysis
  • Cost-benefit analysis
    • Most complete of the three types of analyses
    • The components of the analysis
    • Case costing and cost-benefit
    • Example of a cost-benefit analysis
• Conclusion and wrap-up
• 30-minute Q&A session

Purchase a tape or CD of the program and listen when you can. It's a perfect training tool for new staff or as a refresher for veteran staff.

MEET THE SPEAKERS:

John Goehle, MBA, CASC, CPA, is chief operating officer at Brighton Surgery Center in Rochester, New York. Goehle is a nationally known ambulatory surgery consultant and has served on the boards of both the Federated Ambulatory Surgery Association and the New York State Association of Ambulatory Surgery Centers. He is also a surveyor with the Accreditation Association for Ambulatory Health Care and was founder of the New York State Association for ASC's. His book titled Financial Management Made Easy: Strategies for Ambulatory Surgery Centers is scheduled to be published by HCPro in November 2005.

Patricia A. Churchwell, RN, BA, is vice president of development with Surgery Consultants of America. For the last fifteen years, Ms. Churchwell has been providing consulting services to the healthcare industry. She has been the project manager for the development and management of multiple ambulatory surgery centers. Ms. Churchwell is also responsible for the development of financial feasibility analysis, projections, and annual budgets for all the Centers in development and management phases of the projects. She has also been the project manager for the design, development, and implementation phases of ambulatory care centers. In addition, she has over twenty-five years of clinical and management experience with inpatient and ambulatory surgery facilities, emergency and urgent care centers, radiology centers, and women's centers.

WHO SHOULD LISTEN:

PP, nurse managers, administrators, clinical directors, nurses, financial people in ASCs.

PROGRAM MATERIALS:

Program materials will be provided with PDF links.

• Audioconferences

• Other Ambulatory Surgery Center Products
• Other Finance Products