Webinar: Optimizing COVID-19 Financial Cost Recovery through Strategy and Documentation

by Louisiana Hospital Association


Date and Time

Tuesday July 14th 2020
Starting @ 2:00 pm

Location

Webinar

View Website

Description

OVERVIEW:In the wake of the Coronavirus pandemic, funding streams from various sources have been made available with different guidelines for eligible uses and reporting requirements. This webinar will provide a big picture view of the various funding options available to healthcare institutions from agencies, including Federal Emergency Management Agency (FEMA), and focus on how hospitals and other healthcare facilities can develop a recovery strategy that optimizes the use of their available recovery dollars. OBJECTIVES:Upon completion of this program, participants will be able to:•Discuss the importance of tracking how all funding is obtained and applied against measured financial losses, including lost revenue and costs associated with the response to, and prevention of, COVID-19; and•Demonstrate how to support the eligible uses of funds while demonstrating that there is no duplication of benefits to mitigate de-obligation exposures and optimize funding retention from all available sources. WHO SHOULD ATTEND Chief financial officers and other staff responsible for grant administration and reporting, risk managers and procurement officers.REGISTRATION DEADLINE: Registrations are due to the LHA office one week prior to the webinar in order to ensure timely delivery of instructions and handout.LHA WEBSITE:http://www.lhaonline.org/events/event_list.asp


About Louisiana Hospital Association

Established in 1926, the Louisiana Hospital Association (LHA) is a not-for-profit association representing all types of hospitals and healthcare systems throughout the state. The LHA carries out its mission by providing services and resources to members through advocacy, education, research, representation and communication. Operational and financial products and services are offered to the LHA membership through ShareCor, an equally-owned shared services company of the LHA and the Metropolitan Hospital Council of New Orleans (MHCNO) that provides opportunities for its members through cost effective and innovative programs and services, and contracts for services with vendors to improve the financial viability of Louisiana hospitals, while supporting the missions of the LHA and MHCNO. The mission of the Louisiana Hospital Association is to support its members through advocacy, education and services.