Understanding Your Costs in an Evolving Payment Environment
To assist health center finance and accounting staff in preparing for the transition to value-based payment and care, the Delta Center is hosting a series of webinar trainings on Understanding Your Costs in an Evolving Payment Environment. These webinars are facilitated by Capital Link, a national, non-profit organization that specializes in helping health centers improve operations and financial management. Recorded webinars and slides will be posted below.
WEBINAR #1: Cost Allocation: Getting the Basics Right
January 28, 2020
The first webinar provides a detailed review of the methodology for allocating costs in a fee-for-service accounting environment (direct, indirect, and overhead), and an introduction to how “costing” will differ in a value-based system.
WEBINAR #2: Preparing Internal Systems for Gathering Cost Data
February 18, 2020
During this webinar, a former health center CFO provides insight into the ways health centers can set up charts of account, practice management systems, and HR/payroll systems to facilitate an accurate understanding of cost and capture cost data in a meaningful and flexible way.
WEBINAR #3: Cost Allocation Methodology for Value-Based Payment Systems
March 31, 2020
The third webinar discusses how to identify and calculate costs in a value-based reimbursement environment. Beginning with a high-level overview of value-based reimbursement concepts, we describe the methodologies for identifying costs related to care pathways and clinical outcomes, and provide examples that translate this effort into identifiable costs.