5 Steps to Creating New Revenue Sources: Uncover the hidden profit opportunities you already possess Cheryl Boldt RN, NHA It is not easy to break even financially in Long Term Care, let alone make a… what is the word again, profit? This session will address in-store growth of Medicare A, Medicare B, capturing your case mix index for Medicaid, plus discuss additional viable opportunities to gain sorely needed revenue. Creating new revenue sources also enhances your reputation as the Provider of Choice! It’s possible to become a Healthcare Mall, i.e. one convenient location with a comprehensive variety of needed long term care services! During this session, you’ll consider the needs in your market area and think outside the box as you remove “nursing home” paradigms. You’ll get a jumpstart building upon what you now offer, while developing a plan for new revenue-generating services in your organization! Objectives: By the completion of this session, participants will be able to:
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