PYA Principal David McMillan spoke during the American Health Law Association’s upcoming Long-Term Care and the Law conference. The event focused on financial and regulatory risks and challenges for post-acute and long-term care providers in the wake of the COVID-19 pandemic. David was joined in the discussion by Joseph J. Tomaino of Grassi Healthcare Advisors, and Kristina M. Wesch of Herrick Weinstein LLP.
Key topics from the presentation, “Helping Long-Term Care Facilities Restore Financial Health Amid COVID-19 Challenges,” included an overview of the Calibrated PerformanceTM approach developed by PYA and Grassi Healthcare Advisors:
- Resource utilization – using curated data to review opportunities for expense efficiencies, and the evaluation of legal risks.
- Value realization – evaluating market and revenue cycle information to assess opportunities to improve current revenue cycle and expand service offerings, including the evaluation of legal, compliance, and licensure issues.
- Capital rationalization – evaluation of the strategic environment, long-term financial considerations, and prioritization of future capital needs; giving consideration to the legal considerations associated with public/private finance options.
David presented on Thursday, March 4, 2021. View the presentation slides here.
PYA was pleased to offer platinum-level sponsorship of this program.
If you would like guidance related to COVID-19, visit PYA’s COVID-19 hub, or for assistance with any matter related to strategy and integration, compliance, or valuation, contact one of our PYA executives below at (800) 270-9629.