Proactive Financial Success Strategies for SNF Leaders

Speaker(s):
Amy Stewart, MSN, RN, DNS-MT, QCP-MT, RAC-MT, RAC-MTA, VP of Education and Certification Strategy, American Association of Post-Acute Care Nursing;
Maureen McCarthy, RN, BS, RAC-MT, QCP-MT, DNS-MT, RAC-MTA, President & CEO, Celtic Consulting
Description:
The budgets of skilled nursing facilities (SNFs) have never been tighter, with most providers cutting any unnecessary items from their expenses. However, instead of cutting items, providers should consider focusing on opportunities to maintain or increase revenue. Managed care receivables, the SNF Quality Reporting Program (QRP), and the SNF Value-Based Purchasing (VBP) program all impact the facility’s bottom line in different ways. Also, the changes coming with MDS 3.0 version 1.18.11, effective Oct. 1, 2023, will significantly impact these programs as well as Medicare and Medicaid reimbursement. During this 75-minute session, AAPACN Vice President of Education and Certification Strategy, Amy Stewart, MSN, RN, DNS-MT, QCP-MT, RAC-MT, RAC-MTA, and Celtic Consulting President and CEO, Maureen McCarthy, RN, BS, RAC-MT, CQP-MT, DNS-MT, RAC-MTA, will examine how facility leaders can implement strategies that ensure accurate reimbursement and prevent financial losses from these programs. The presenters will also discuss best practices and strategies to implement forthcoming MDS changes so they will be better prepared for the Oct. 1 transition. Nurse leaders will learn how to manage managed care, earn revenue back, and implement proactive operational strategies that will impact their facility’s financial success.
Improving Your Organization’s Performance Through Root Cause Analysis


Speaker(s):
Andrew Martin, MSN, RN, CPHRM, Patient Safety Analyst/Consultant, ECRI and the Institute for Safe Medication Practices PSO;
Mary C. Magee, MSN, CPPS, CPHQ, Patient Safety Analyst/Consultant, ECRI
Description:
The purpose of a Root Cause Analysis is to find out what happened, why it happened, and determine what changes need to be made to prevent similar events from occurring. Through this session, participants will utilize a stepwise approach to conducting a complete and thorough root cause analysis. This will include determining when to conduct a root cause analysis, conducting the investigation and analysis, developing effective and sustainable action plans and measuring the effectiveness of the mitigation strategies.
Data Tracking and Trending – It’s Not Just for SNFs Anymore!

Speaker(s):
Pamela Truscott, DNP/HSL, MSN/ED, RN, C-AL, QCP, DNS-CT, RAC-CT, CDP, Director, Quality Improvement, National Center for Assisted Living;
KeShawn Heard (Franklin), Manager, LTC Trend Tracker & Quality, American Health Care Association;
Jennifer Svoboda, Director of Standards, Arete Living
Description: Assisted Living communities are no longer able to provide anecdotal information as a means of justification. Data to support the quality of care and services provided is becoming increasingly important. Unfortunately, data tracking and trending is still a new philosophy for many assisted living communities. This session will explore the benefits, rationales, and importance of tracking and trending data in assisted living.