KPIs

Ask the Experts: Cost per day

May 14, 2019 3:40 pm

I am a reimbursement analyst for a large health system that includes several skilled nursing facilities. Where can we find benchmarking data across other skilled nursing facilities related to costs per day for patient care? We have posed the question to our state-wide trade association and they do not have this sort of data. We are hoping there may be a resource that we just haven’t identified as yet. Any assistance or information you could provide would be most appreciated.

Answer: You may want to seek an outside data resource company to provide this. Our company utilizes a resource that contains the data you are seeking if you would like to contact me directly for more information.

This question was answered byDavid A. Williams, FHFMA, CPA, partner, Horne LLP, and is a member of HFMA’s Mississippi Chapter.

The information provided through the Forum’s Ask the Expert service does not constitute legal advice, even when the advice is provided by lawyers. You need to obtain your own legal counsel for legal advice and consider the laws and regulations that govern your state. The content and opinions expressed are those of the Forum experts, and not that of their employers or of HFMA. HFMA does not endorse the material or warrant or guarantee its accuracy. The responses are based only on the specific facts or circumstances provided. Forum experts cannot be held liable for outcomes related to any information provided.

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