Allowable vs Non-Allowable Costs and Cost Allocations

Regular Price: $100.00

Member Price: $50.00

Your Price: $100.00

January 29, 2019 | 2:00 PM Eastern
Speakers: Angie McLain, Asbel Montes, Scott Moore
$50 for Members | $100 for Non-Members (price included with Gold and Silver ACE Subscription packages)

The cost data survey will be a summary of ambulance supplier activities for a calendar or fiscal year. The cost data survey could be the basis for future rate setting and will provide lawmakers data to make policy decisions. It is important for ambulance suppliers to understand the Center for Medicare and Medicaid Services’ current rules for allowable versus non-allowable cost and how identifying appropriate cost centers created prior to the start of the cost data survey will be the key to success for capturing appropriate cost data for your organization.
In this webinar, participants will:
• Discover the importance of structuring cost allocation within your organization.
• Learn how to start identifying allowable cost versus non-allowable cost within your organization.
• Learn how CMS currently defines reasonable cost.
• Discover how you must use cost principles to allocate for allowable cost, indirect or direct.
• Begin to understand how cost is allocated based on specific cost objectives or cost centers.
• Learn how allocating cost must support reasonable cost for patient care.
• Gain an understanding of accrual-based accounting utilized for reporting cost data and how it relates to allowable cost.
• Expand your knowledge on CMS current standards on allocating cost, and why it’s important to get it correct prior to submitting your first cost data survey.

NAAC approved for 1 CEU.

blank

Angela McLain

Angela McLain currently serves as the Chief Compliance Officer and Chief Revenue Officer for Emergency Medical Services Authority (EMSA) of Oklahoma, a high performance high volume, public utility model EMS agency serving communities across Northeast and Central Oklahoma. Angie’s more than 20 years of experience in healthcare financial services has focused on the strategic development and management of revenue cycle operations to include; comprehensive patient account management, revenue performance improvement and implementation of monitoring controls and strategies. In addition, Angela also has extensive experience in all elements of healthcare compliance and accreditation in both the hospital and EMS industry, ensuring organizational business practices exceed regulatory standards and support the provision of excellent patient care. Angie holds a Bachelor of Science in Health Information Management, focused on health care reimbursement, and has an advanced degree in Health and Human Services. She has used her experience and expertise in healthcare finance and healthcare management to help establish EMS industry standards through active roles on multiple state and national boards; serving as with the Oklahoma Ambulance Association and as Region 4 Director with the American Ambulance Association.

Asbel

Asbel Montes

Asbel Montes began his employment with Acadian in May 2009. He oversees Acadian’s revenue cycle management, contract management, business office process improvements, and government relations for state and federal reimbursement policy initiatives. In 1999, Asbel began working for an ambulance billing and consulting firm. After three years, he decided to work for a private, non‐emergency ambulance service. Since then, he has provided leadership in revenue cycle management to four ambulance agencies located throughout the southeast. Asbel pursued his education the non‐traditional way by attending college online while maintaining a full‐time job. He received an associate's degree in accounting in 2007 and graduated in November 2010 with a bachelor's degree in business management. Asbel has been a member of the American Ambulance Association (AAA) for eight years and has served on its board of directors; he is currently co-chair of the Payment Reform Steering Committee. Asbel also sits on the board of the Louisiana Ambulance Alliance. He is a respected thought leader on reimbursement initiatives within the industry and is a requested speaker at many conferences. He has also been asked to testify as an expert witness before federal and state health committees regarding ambulance reimbursement. Asbel is married to Stephenie Haney‐Montes. He has one daughter and resides in Carencro, Louisiana.


Event Details

Date: January 29, 2019

Start time: 14:00 p.m.

End time: 15:00 p.m.