Webinar 4: Focus on Behavioral Health: Utilizing Cost Data to Drive Programmatic Change
The Delta Center for a Thriving Safety Net
With reimbursement systems shifting from fee-for-service to value-based care, behavioral health providers need to adapt their business models in order to successfully navigate new payment environments. This requires being able to accurately calculate and track the cost of producing the outcomes that payers value in order to negotiate adequate reimbursement.
To assist behavioral health finance and accounting staff in preparing for the transition to value-based payment and care, the Delta Center hosted a series of webinar trainings, Focus on Behavioral Health: Understanding Your Costs in an Evolving Payment Environment. These webinars were facilitated by Capital Link, a national, non-profit organization that specializes in helping health centers improve operations and financial management.
During the final webinar, we reviewed the key takeaways from the first three sessions and applied these concepts to several scenarios in which behavioral health providers seek to understand their costs in an evolving reimbursement environment. We focused on how to model costs related to these scenarios and emphasized the use of this information for decision-making, negotiating with payers and guiding programmatic change.