Mastering Financial Management and Calculation of the Hospice Aggregate Cap
Next Web Event: Tuesday, December 2, 2014 from 1:00 PM – 2:30 PM EST
In recent years, an increasing percentage of hospices have exceeded their aggregate CAP; similarly, a growing percent of hospices are ending their CAP year close to the CAP threshold. A provision of the recently-enacted IMPACT Act (P.L. 113-185) will slow the annual rate of growth of the aggregate CAP, potentially placing more hospices at risk for a CAP liability. The Centers for Medicare & Medicaid Services (CMS) has mandated that hospices - beginning with the 2014 CAP year, November 1, 2013 through October 31, 2014 - calculate and self-report their hospice aggregate CAP status and submit payment of any associated liability within 5 months of the close of the CAP year.
Given these changes, it is prudent that every hospice program more closely monitor its aggregate CAP status throughout the course of the year. Accuracy and appropriate timing of the CAP calculation play a critical role in minimizing interim payments, as does knowledge of a hospice's options related to Extended Repayment Schedules (ERS).This session will provide attendees with general knowledge and skills to effectively monitor their aggregate CAP, and manage CAP reporting as well as any associated CAP liabilities.
Program will be led by:
- Val J. Halamandaris, JD, President, NAHC, Washington, DC
- William T. (Ted) Cuppett, BS, CPA, Managing Partner, The Health Group, LLC, Morgantown, WV
- Theresa Forster, Vice President for Hospice Policy and Programs, NAHC, Washington, DC
Continuing Education Credits Offered to:
Accounting: 2.0 CPE Credits
Nursing: 1.5 CNE Credits for 90 minutes
Registration Only: $125.00 NAHC Members / $225.00 Non-Member
Recording Only: $125.00 NAHC Members / $225.00 Non-Member
Package (Registration and Recording): $150.00 NAHC Members / $300.00 Non-Member
Click Here to Register for this Web Event!