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The Financial Implications of MS-DRGs
Webinar
July 15, 2008
Time: 8:30-10 am CENTRAL TIME
Register for this event online:
July 15, 2008 ($295 per line)
Program Description
This session will address issue including why CMS implemented MS-DRGs, some operational steps to reduce the financial impact, alternative methods of assessing the MS-DRG financial impact, how managed care contracts that use DRGs can be adjusted and how to anticipate the financial implications of the present-on-admission indicator.
Learning Objectives
At the completion of this program, the participant will be able to:
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Discuss the full scope of changes involved with MS-DRGs.
- Explain the implementation of MS-DRGs and associated peripheral changes.
- Discuss alternative ways to project the potential financial impact of MS-DRGs.
- Describe the operational impacts in addition to payment impacts.
- Assess the need to change managed care contracts using DRG type payment processes.
- Explain the shift from charge-based MS-DRG calibration to cost-based MS-DRG weights.
- Review overall chargemaster pricing structures and the impact on cost reporting processes.
- Explain the RTI International reports relative to charge compression.
Who Should Participate
Financial Analysts
Strategic Planners
Managed Care Contracting personnel
Compliance Officers
Physicians
Medical Staff Directors
Any other personnel involved with coding/billing relative to MS-DRGs
Faculty
Duane Abbey, PhD, CFP, Abbey & Abbey Consultants, Inc., Ames, IA
Duane Abbey is a management consultant and president of Abbey & Abbey Consultants. For over 20 years, he has provided health care consulting services to hospitals, physicians, and medical clinics. The focus of his consulting has been in the areas of compliance, payment, and delivery systems. In addition to his consulting, Abbey is an invited presenter for hospital associations, medical societies, and other groups. He also has published both articles and books on healthcare topics. Abbey earned his graduate degrees from the University of Notre Dame and Iowa State University.
The views expressed by the speaker do not necessarily reflect the policies or opinions or the Wisconsin Hospital Association.
Registration Information
Fee
$295.00 for one phone line per site
Please register only one name per connection.
Additional phone lines will be billed at $295.00 each.
How the Webinar Will Work
Dial-in instructions, on-line login instructions and any other reference materials will be emailed to each registrant approximately three days prior to the conference. If you do not receive them by this date, please email lgeishirt@wha.org.
It is the responsibility of the registrant to access presentation materials prior to the day of the event. If your e-mail address changes, you do not receive an e-mail with instructions from WHA, or if you are unable to open presentation materials, please contact Lisa Geishirt at WHA two days prior to the event to allow time to address the issue.
Substitution, Transfer and Cancellation Policy
Cancellations received in writing up to five business days prior to an event will be given a full refund less a $50 processing fee. No refunds will be given for cancellations received less than five business days prior and day-of-program no-shows. Substitutions are accepted.
Register for this event online:
July 15, 2008 ($295 per line)
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