Introduction
Building Bridges Initiative (BBI) is pleased to introduce it’s Fair-Market Rate Setting Methodology* designed for use by agencies, organizations, communities, and jurisdictions (e.g., state and county governments) involved in transforming and improving how community-based behavioral healthcare services are provided to children and adolescents, and their families.
*Developed by Christopher Marics, MSW and Alan Vietze, LCSW
Rate Structures Before and After Implementing BBI’s Fair-Market Rate Setting Process
Overview
BBI’s approach to rate setting can be useful to child-serving organizations interested in:
- Setting reimbursement rates for services designed specifically to address the actual needs of the children, adolescents, and families served.
- Setting rates that are reflective of the “true cost of doing business“ so that service providers can deliver the specific high-quality and effective services needed by children, adolescents and their families, while simultaneously sustaining their organizations.
- Employing a rate setting methodology that is transparent, inclusive, and free from hidden assumptions and/or non- or under-funded mandates or requirements
- Employing a rate setting methodology that is flexible enough to accommodate the wide range of varied costs associated with local needs and is easily updated.
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Employing a rate setting methodology that aligns with the core values of the System of Care approach to serving children and adolescents and their families.
If your oversight or residential/community-based organization is interested in learning more about how BBI can help you with the rate-setting service design process, please contact us or complete this inquiry form.
Download the flyer here: Fair Market Rate Setting