This all-day pre-conference workshop will provide EMS Agencies, no matter their affiliation, with keen insights from industry experts directly involved in transforming payment models for EMS, advisement of policy formation for data collection tool development and interest-based stakeholder consensus building. Additionally, attendees will be provided with the concepts necessary to develop the key EMS financial acumens necessary to prepare for the future of payment reform. Key take-aways will include:
Morning Session: Payment Reform 101 & the Cost Data Collection Tool
- The history of the existing CMS Payment System
- The Interest based negotiation process vs. negotiated rule making
- The 4-steps of progression necessary for payment reform and its vision for EMS
- The importance of evidence-based value and the use of outcome measures
- Understanding the importance of differentiating the cost of readiness vs. the cost of services performed and how this will be accomplished
- The cost collection tool – where does it stand and who will be impacted
- How can these payment principles be leveraged today with other payers
- How to prepare your EMS Agency for this likely future
Afternoon Session: Developing your EMS Financial Acumen
- Essential EMS finance skills
- The importance of P&L granularity & Chart of Account Development
- Revenue Cycle Management
- Cost Management
- Cost Reporting
Cost for this course is $225 early bird/ $250 regular. Early bird ends on Jan. 18, 2019