2010 Benchmarking Reports Now Available!
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October 13, 2011 |
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Benchmarking Reports Now Available! The 2010 HW&Co. Medicaid Benchmarking Reports are now available! This Benchmarking Report, prepared from the 2010 Ohio Department of Job and Family Services (ODJFS) Medicaid cost report database, contains a detailed analysis of 2010 expenses, census, and staffing data from your facility combined with a comparative analysis of selected peers, county, peer group and statewide averages. These reports provide a unique value-added service: PLANNING: With the reimbursement cuts most providers have experienced as a result of HB 153, it is more important than ever for facilities to identify areas of potential inefficiencies. Our Benchmarking Report provides a comprehensive overview of your facility’s expenses, census, and staffing patterns that is presented in a format that provides for an easy comparison to your peers. This feature makes the HW&Co. Benchmarking Report an integral starting point for strategic planning and budgeting sessions. CUSTOMIZATION: Each Benchmarking Report contains the following information: § Per Diem Expenses § Census § Average Hourly Wages § Full Time Equivalents § Hours per Resident Day § Facility Medicaid-only and overall case scores Our Benchmarking Reports can be customized to give you the comparisons that mean the most to your facility. In comparing your facility, you have the option to select comparative data within the following categories: § Selected Competitors § County Average § Peer Group Average § State Wide Average TO REQUEST YOUR COPY: We are pleased to provide a complimentary copy of our standard 2010 Benchmarking Report to our clients. In addition, we have the ability to compile one report for multiple facilities of a chain organization or custom design reports based upon selected attributes. Contact your HW&Co. representative to order a copy today, or click here to send an email request. Also, if you are a member of LeadingAge Ohio or Ohio Health Care Association, you will have access to specialized benchmarking reports which we prepared for their association members. We are always available to assist with your financial, operational, clinical and billing needs. Contact a HW Healthcare Advisor today. |
For additional information and discussion on this topic, please get in touch with your regular HW Healthcare Advisor or one of our Healthcare Principals listed below.
J. William Kutschbach Bert P. Cummins, CPA John P. Fleischer, CPA Barb Notardonato-Cole, CPA Grant M. Weimer, CPA |
