Kelly Simonelli

What is the Value of an External Chart Audit?

A key component of any compliance program is an effective audit process. Many outpatient practices consider selling or merging with larger entities. Your compliance program will be reviewed as part of any acquisition process. An audit is typically performed to uncover potential liability and risk. LW Consulting, Inc. (LWCI) strongly emphasizes the importance of conducting an external chart audit before diving into any acquisition preliminary work to enhance the value and smoothness of the negotiation…

Are You Aware of Upcoming Skilled Nursing Facility Quality Reporting Program Changes?

The Skilled Nursing Facility Quality Reporting Program (SNF QRP) is a critical part of how the Centers for Medicare & Medicaid Services (CMS) evaluates the quality of care in nursing homes across the United States. The program helps ensure that skilled nursing facilities (SNFs) meet specific standards of care and report accurate data on the services they provide. This information is then used to assess performance, drive improvements, and ensure transparency for residents and families.…

Take Aways from the LeadingAge PA Fall Finance Conference

LW Consulting, Inc. (LWCI) had the pleasure of attending the LeadingAge PA Fall Finance Conference a couple of weeks ago. The conference had many presentations on topics that ranged from using Key Performance Indicators (KPIs) and Metrics to improve your organization’s financials to compliance and risk management. Many of the presentations appeared to have some common themes. A few of the presentations covered the use of data and other information that organizations have readily available…