The prevailing medicare and medicaid reimbursement rates

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The CEO went on to explain that the feasibility determination would be based on initially setting the home care program's capacity at 50 clients because that was the minimum 388389required for Certificate-of-Need (CON) approval in Connecticut. He distributed a model developed by healthcare finance expert William O. Cleverly, which presents the logic behind the integration of strategic and financial planning.

In essence, he said, financial planning is influenced by the definition of programs and services in consort with the mission and goals. The next step entails financial feasibility of the proposed homecare program. Among the components that should be considered in determining financial feasibility are the following:

• The configuration and cost of staff

• The prevailing Medicare and Medicaid reimbursement rates

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Reference no: EM13821433

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