339. Cost Modeling and the Impact of Policy on the Early Care and Education Provider Bottom Line
|Date:||Wednesday July 13, 2016|
|Time:||4:30 PM - 5:30 PM|
|Location:||Grand Salon 6 (1st floor)|
|Speakers:|| Libbie Poppick, Opportunities Exchange
Louise Stoney, Opportunities Exchange
This session will describe the Early Care and Education Provider Cost Model and highlight examples of how states have used provider cost modeling to better understand the cost of delivering services at each level of their QRIS, as well as to inform rate-setting and financing policy. The discussion will explore the impact of various factors on the provider’s bottom line, including: operational practices, such as enrollment levels and fee collectability; QRIS and subsidy requirements; the relationship between market prices; and cost.