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Financial Literacy for Care Managers in the Support at Home Program

November 14 @ 12:00 pm - 2:00 pm

Overview

Key Focus Areas:

1.      Understanding financial basics in Care Management

·        Explore the fundamentals of financial management in home care, focusing on practical applications for client care plans.

·        Understand essential concepts such as budgeting, cash flow, and cost management from a client service perspective.

·        Learn how financial literacy supports your role in ensuring that clients’ funds are used effectively to meet their care needs.

 

2.      Budgeting for client needs

·        Gain practical skills to develop, manage, and adjust client budgets in line with their goals and funding limits.

·        Learn to track expenses and funding allocations accurately to ensure transparency and compliance.

·        Understand how to align budgeting techniques with the client’s individual care plan, considering their unique requirements and available services.

3.      Navigating changes in funding and pricing

·        An overview of upcoming changes to home care funding arrangements, including the role of IHACPA pricing in care delivery.

·        Understand how these changes may impact client budgets and the broader allocation of resources within home care services.

·        Learn strategies for adapting care plans and financial management practices to align with evolving funding models.

4.      Practical tools and resources for Care Managers

·        And more…

 

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