Financial Implications of the New DRGs -- And the Tools to Prepare

Event Information
Product Format
Prerecorded Event
Product Description

Don’t let the new MS-DRGs put your facility’s bottom line in the red.

If the new "S-DRGs" weren't enough for your inpatient facility to master last year, CMS launched an additional diagnostic related group methodology on Oct. 1 called "MS-DRGs." That means the gap between the different DRGs is narrowing even more -- and optimum reimbursement will be trickier to come by.

But if you join expert speaker Duane Abbey, PhD, CFP, in this teleconference, you will learn valuable operational steps to reduce the financial impact of the new MS-DRGs. In just one hour, Duane will explain everything from why CMS has implemented MS-DRGs to how you should adjust your charging structures and cost reporting for the change.

Who should attend: all personnel involved with coding, billing and reimbursement activities relative to MS-DRGs. Financial analysts, strategic planners, managed care contracting personnel, and compliance personnel, in addition to physicians and medical staff should also attend.

Here's a sampling of what you’ll learn:

  • Key changes to know: The MS-DRG Grouper from the inside out.
  • 4 Hidden changes: Duane will bring them to light ... and save you the headache of finding them later.
  • Learn associated changes too, such as new UB-04 features you need to know.
  • 2 Approaches for assessing MS-DRG financial impact to your facility.
  • Examine your increased operational costs -- and get the tools to adjust accordingly.
  • How to adjust your managed care contracts that use DRGs.
  • Chargemaster and cost report issues: Adapting your pricing structures and cost reporting process doesn’t have to be a drag.
  • Have lingering questions? Ask Duane directly during an interactive Q&A!

Your registration includes:

  • Risk-free enrollment! Scheduling conflict? No problem! This session is also available on CD!
  • Expert answers to your tough questions during the interactive Q&A period.
  • Complementary attendee package, including the speaker's complete presentation handouts. Keep this quick reference tool close by for future use!
  • One low price for all the staff you can stuff into a conference room!

Order Below Or Call 800-508-2582 Today!

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About Our Speaker

Duane Abbey Hospital Coding & Compliance Expert

 Duane C. Abbey, Ph.D. is a management consultant and president of Abbey & Abbey, Consultants, Inc., which specializes in healthcare consulting and related areas. Duane earned his graduate degrees at the University of Notre Dame and Iowa State University and has more than 20 years of experience as a consultant. He performs various types of financial analysis involving business structuring, organizational development, enrolment and other financially related concerns of organizations....   More Info
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