News | April 8, 2002

2002 Financial Performance Survey Questionnaire Now Available From AAHomecare

(Alexandria, Va.) – The American Association for Homecare (AAHomecare) announces that its 2002 Financial Performance Survey questionnaire is now available for companies in the homecare industry to complete. The surveys are due by May 15, 2002, to survey consultant, Dr. William Cron, Texas Christian University, who will prepare a summary report, expected in August 2002. The survey questionnaire is available by clicking into the 2002 Financial Survey icon on AAHomecare's Web site at www.aahomecare.org.

AAHomecare's annual Financial Performance Survey is recognized as the premier source of benchmarking information on the homecare industry's financial performance, and can be used by a firm to identify areas that demand management attention. It is the only survey that presents key financial variables in terms of industry averages, as well as comparisons with firms of similar size and product line. In addition to income, expense, and balance sheet information, there are special sections on labor costs and productivity, clinical employees, billing productivity, and accounts receivable collections.

In announcing the availability of the survey questionnaire, AAHomecare's James Jorkasky, vice president, Membership and Strategic Development, stated, "For 2002, the survey Editorial Board, consisting of representatives from all of AAHomecare's Councils (HME/RT, Home Health, Home Infusion, and Re/hab and Assistive Technology) thoroughly revised the questionnaire. They also added new features, such as questions on information technology, managed care contracts, and clinical and delivery efficiencies, as well as significantly expanding the home health agency section. I encourage all homecare companies – whether they are AAHomecare members or not – to participate in the survey to ensure the final report that issues in August has the greatest statistical validity and usefulness as a benchmarking tool."

AAHomecare members that complete the questionnaire will receive the final survey report, expected in August 2002, for free, plus a company-specific analysis and an industry profitability report. Participating non-members will receive the survey for $250, fifty percent off of the sales price of $500. Full details about participation appear on AAHomecare's Web site at www.aahomecare.org.

The American Association for Homecare (AAHomecare) is the unified voice that represents all elements of homecare under one roof – from home medical equipment to home health services, and from respiratory and home infusion therapy to rehabilitative and assistive technology. With 3,000 members, AAHomecare is dedicated to advancing the value and practice of quality health care services at home, while building a community of support for the homecare industry.

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