Cap Doctor uses a mix of analysis techniques to assess your hospice and develop a plan of action to mitigate cap risk. We have years of finance management expertise in the healthcare and hospice industries.

 

Our standard cap services include:

• Evaluating key operating ratios and metrics to determine Medicare aggregate cap risk and likelihood with a high degree of accuracy

• Developing forecasts for reimbursements, admissions, and Medicare beneficiary counts in order to predict cap overage or underage

• Partnering with hospice leadership to create and implement targeted community outreach strategies to mitgate anticipated cap risk, while there is still time

 

Additional services include:

• Medicare Cost report preparation

• Development and maintenance of monthly P&L budgets and forecasts looking out up to 3 years, along with monthly analysis of results vs. budget

• Development and maintenance of weekly cash flow forecasts to ensure your hospice stays on solid financial ground and meets upcoming cash requirements

• Full P&L strategic and financial analysis, including staffing, DME, supplies, pharmacy, and other operating expenses, as well as serving as a "sounding board" for management