Financial Management for Health Centers: Risks and Opportunities
Over the past year, Health Centers have received supplemental funding through a number of different funding streams arising out of multiple Acts of Congress. Adding in the core Section 330 funding, plus 340B, Medicaid, Medicare, and other risk-based schemes, Health Center financial and grant management has become quite complex.
FTLF's new two-day intensive training, geared toward senior management of FQHCs, focuses on current streams of funding and approaches to identifying opportunities for contracting and other government programs. Laying the foundation during the first day of training, FTLF attorneys will discuss the framework of traditional Health Center financial management, including advanced terms and conditions of current FQHC grants, the numerous COVID supplemental funding streams, the in’s and out’s of Medicaid and Medicare PPS, and other government funding. From there, the workshop will pivot to marketplace strategies including risk-based arrangements, 340B, and other payor sources such as the U.S. Department of Veterans Affairs.
Through this workshop, participants will learn to help their Health Centers avoid problems such as audit findings, disallowances and worse, and, second, help their Health Centers find new opportunities to grow and flourish.
- CEOs, Executive Directors, and other personnel involved in strategic planning
- CFOs, Finance Managers, and Finance Department Personnel
- Grant Officers, Managers, Specialists, and Administrators
After this training, you will be able to:
- Evaluate strategies to manage new and old funding streams
- Describe reporting obligations and mid-to-long term audit expectations
- Understand risk-based contracting and describe key terms for managed care contracting under sub-capitated and shared-risk payment arrangements
- Identify opportunities to participate in other government programs and recently-introduced programs
Monday, April 26, 2021
11:00 am - 5:30 pm ET
|11:00 am – 11:15 am||Introductions and Overview|
|11:15 am – 12:15 pm||Grant Administration|
This session will begin with the requirements of your Section 330 grant, including unique aspects of the Section 330 program. Adding in the new supplemental funding streams, we will discuss what to watch out for and common pitfalls such as time and effort and cost allocation. Other grants, such as Ryan White and SAMHSA commonly received by Health Centers, will also be covered.
|12:15 pm – 12:30 pm||Break|
|12:30 pm – 1:30 pm||Grant Administration (cont.)|
|1:30 pm – 2:00 pm||Break|
|2:00 pm – 3:00 pm||Building Blocks of Health Center Finances|
Reimbursements: Medicaid and Pharmacy
|3:00 pm – 3:15 pm||Break|
|3:15 pm – 4:15 pm||Reimbursements: Medicaid and Pharmacy (cont.)|
|4:15 pm – 4:30 pm||Break|
|4:30 pm – 5:30 pm||Threats to Reimbursements: 340B Program|
Tuesday, April 27, 2021
11:00 am - 5:00 pm ET
|11:00 am – 12:30 pm||Rescue Plan Act, CARES Act, and COVID-19: The Provider Relief Fund and the Coronavirus Relief Fund|
|12:30 pm – 12:45 pm||Break|
|12:45 pm – 1:45 pm||Risk-Sharing Opportunities|
This session will explain the opportunity presented for health centers by risk-based contracting, address key terms for managed care contracting under sub-capitated and shared-risk payment arrangements (directly and through ACOs and other provider networks), and identify the internal capabilities needed to do well under such arrangements.
|1:45 pm – 2:15 pm||Break|
|2:15 pm – 3:15 pm||Risk-Sharing Opportunities (cont.)|
This session will describe opportunities to participate in other government programs (e.g., PACE, Veterans Choice), identify opportunities created by recently-introduced programs from the CMS Innovations Center (e.g., Direct Contracting Model), and offer entrepreneurial thoughts and strategies.
|3:15 pm – 3:30 pm||Break|
|3:30 pm – 4:30 pm||Future Opportunities|
|4:30 pm – 5:00 pm||Q&A and Discussion|
FTLF'S VIRTUAL CLASSROOM
This live, interactive training will take place in FTLF's Virtual Classroom, hosted by Zoom. Should you have any technical questions or would like more information, please contact us at firstname.lastname@example.org or 1-855-200-3822.
Adam J. Falcone is a Partner in FTLF’s national health law practice group, where he counsels a diverse spectrum of community-based organizations that render primary and behavioral healthcare services. Adam counsels clients on a wide range of health law issues, with a focus on fraud and abuse, reimbursement and payment, and antitrust and competition matters. [Full Bio]
Jason focuses his practice on the federal 340B drug discount program and the complex legal and compliance issues facing safety net providers, pharmacies, and other 340B program stakeholders. Jason began his career representing pharmaceutical manufacturers before finding his passion helping 340B program covered entities, including disproportionate share hospitals, Federally Qualified Health Centers, Ryan White HIV/AIDS clinics, and other grantees navigate the 340B program. [Full Bio]
A Partner with the firm in the Federal Grants and Health Law practice groups, Scott advises clients on matters of federal grant law, government contract law, and health care law. Scott assists clients with the myriad requirements that apply upon acceptance of federal grant funding, including the administrative requirements and cost principles established in the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), the Office of Management and Budget (OMB) Circulars that preceded the Uniform Guidance, and program-specific statutory and regulatory funding conditions. [Full Bio]
Serving as Managing Partner of the firm since 2003, and a member of the Health Law and Federal Grants practices since 1992, Ted is a national authority in the area of federal grants, particularly in the health and community service spheres. He advises clients on all aspects of program requirements, including issues such as cost-based reimbursement, governance, grant administration, cost reporting, and administrative issues and routinely handles challenging issues such as government audits, internal investigations, and litigation. Ted's priority is to help each organization carry out its mission by offering practical, down-to-earth counsel and to ensure that legal challenges do not distract from that focus. [Full Bio]
Participants can earn up to 12.2 CPE credits in Specialized Knowledge and Applications upon completion of all course requirements.
- Prerequisites: None
- Target Audience: CEOs, Executive Directors, and other personnel involved in strategic planning; CFOs, Finance Managers, and Finance Department Personnel; Grant Officers, Managers, Specialists, and Administrators
- Advanced Preparation: None
- Program Level: All
- Delivery Method: Group Internet Based
Feldesman Tucker Leifer Fidell LLP is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website www.nasbaregistry.org (formerly www.learningmarket.org).
- 10.25 Certificate of Attendance
Please note: This training is limited to community health centers, look-alikes, and Primary Care Associations. If you are not affiliated with one of these organizations and would like to attend, please contact us.
Bring your team! Discounts are available for groups of three (3) or more individuals from the same organization. Please contact us to process your registration.
Groups of 3-6 people
Groups of 7-10 people
Groups of 11-15 people
Over 15 people
|10% off||15% off||20% off||Call us!|
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