Acute Stroke Economics 101

BEST PRACTICES FOR STROKE PROGRAM LEADERS AND COORDINATORS!

2022 was a difficult year financially for many hospitals and health systems. 2023 will still be challenging as labor shortages continue, payment rate increases fall short of inflationary cost increases and economic uncertainty looms.

This webinar will help provide an understanding of how hospital accounting is generally structured and what finance leaders are thinking about when evaluating requests for new or expanded services, additional staff, new technology, etc.

Stroke program leaders often have not been exposed to the economics of their stroke program and may not be totally familiar with how financial and executive leaders view the profitability of their program. In support of our mission to bring important resources to stroke program leaders, we have developed this webinar to equip stroke program leaders with a better understanding of acute stroke economics and how to build the full case when presenting requests for investments in their stroke program to the financial leaders who must approve additional dollars for service lines and/or programs

Key topics of the webinar include:

1. Key revenue and cost drivers in acute stroke hospitalizations
2. Basics of hospital revenue and cost accounting and how costs may be allocated to stroke MS-DRGs
3. Understanding how hospital leaders view your program’s profitability
4. Reimbursement for stroke care by various payers including Medicare MS-DRGs
5. Financial impact of regulatory programs to improve care, e.g., publicly reported metrics
6. What to consider in building the financial case for program investments
7. What financial leaders want to know when considering your proposal for new or expanded services

A shorter version of this webinar was presented at the Association of Neurovascular Clinicians (ANVC) annual meeting with excellent feedback.

It’s a great session for new or experienced stroke program leaders, medical directors and coordinators!

Participants will receive a copy of the slide deck for their use.