Steven Littlehale to speak at LNHA Convention and Trade Show

Session: Business Case for Five Star Excellence

– Occupancy and Payor mix are highly correlated to CMS’s Five-Star Quality Rating System. Evidence from a recent national study demonstrates a clear financial ROI as you progress though each five-star rating. This session brings together facility financial and clinical stakeholders. Clinical leadership will leave with the specific steps for improving ratings, plus the data to make a compelling business case. Financial leadership will understand that Five-Star improvement is an investment and not an expense.

In the center of most healthcare metrics, are our residents. While it’s essential to understand metrics like Five-Star, ultimately, we are talking about our elders whom have entrusted their lives to us. These same metrics suggest that occupancy and Payor mix are highly correlated to CMS’s Five-Star Quality Rating System. Evidence from a recent national study demonstrates a clear financial ROI as you progress though each five-star rating. This session brings together facility financial and clinical stakeholders, who are committed to excellent resident care. Clinical leadership will leave with the specific steps for improving ratings, plus the data to make a compelling business case. Financial leadership will understand that Five-Star improvement is an investment and not an expense. We will honor the elders in our lives who inspire us and motivate us to do the work that we do.

Find out more:

https://www.lnha.org/eventscalendar/#id=231&wid=201&cid=534