Future success will require SNFs to understand the ‘long game’ of balancing multiple payer systems and being prepared to operationalize an approach -- that leverages reliable data analytics -- to take on risk. Panelists to tackle what’s needed to develop a substantive fiscal strategy, including:
• Understanding evolving models of care and payment systems (ACO, BPCI Advanced, etc.)
• How pervasive & quickly our industry is evolving from value-based care to risk-based payment models
• The importance of understanding your organization’s risk tolerance in order to prepare for alternate contracting models
• How to balance immediate cash flow needs with the upside and downside of risk arrangements