Day: Monday, July 24 Time: 12:15 to 1:15 p.m. Type/Topic: Finance and Reimbursement
Session Summary
This session will focus on the results of the 2023 legislative session regarding the Medicaid budget and other legislative issues impacting the Medicaid reimbursement landscape. The session will also focus on changes projected for the October 2023 Medicaid rates and address the impact of the elimination of the "hold-harmless" clause and elimination of the cap on gains for providers. Attendees will learn how to manage their spending to prepare for rate rebasing in 2024, the importance of maintaining or improving quality and the right way to make center improvements count. Attendees will also learn the steps they need to take now to ensure they are prepared to compete in the future.
Presenters
Lorne Simmons
Healthcare Manager | MSL, P.A.
About the Presenter
Lorne Simmons is a member of the Firm's Senior Housing and Long-Term Care Practice Groups. Lorne has over 30 years of accounting experience, 22 years in senior housing, and health insurance. Before joining Moore Stephens Lovelace, P.A. (MSL), Lorne held positions with Life Care Services (LCS) management company and Blue Cross and Blue Shield of Kansas. Lorne's focus at MSL is on reimbursement consulting, spending reviews and reimbursement rate analyses, cost structuring, cost report preparation, cost report audits, and appeal issues for Medicaid and Medicare reimbursement. He also handles financial statement projections, prospective financial analyses, and Certificate of Need financial forecasts. Lorne is a member of the FHCA Reimbursement Committee and Legislative Committee and has presented staff webinars and training sessions on Florida's Medicaid reimbursement system and 11 previous sessions at FHCA events.