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…