Certified Medical Cost Projection Specialist (CMCPS™) Training Program

Certified Medical Cost Projection Specialist (CMCPS™) Training Program

Medical Cost Projection is the process of reviewing records to determine future cost of medical services. It is based on medical record review usually covering a portion of the care: in most cases, the last two years.

The Medical Cost Projection report is a condensed document that provides an estimate of items and services that an injured or disabled person will, in all probability, require.

This report can be used in mediation, settlement negotiations and also in setting aside funds. The Medical Cost Projection is not suitable for litigation or to be used for the basis of testimony.

The ICHCC™ has recently launched the Certified Medical Cost Projection Specialist (CMCPS™) credential.

AAACEUs is proud to offer a pre-approved training program that satisfies the 45hr training requirement to sit for the CMCPS™ exam.

Are you a CLCP™ or CCLCP™ Interested in Pursuing the CMCPS™ Credential?

CLCPs and CCLCPs in good standing interested in pursuing the CMCPS™ are eligible to audit out of Modules 1 through 6 of the CMCPS™ Training Program.

In order to qualify to sit for the CMCPS™ exam, CLCPs and CCLCPs must complete a sample medical cost projection report, which will be peer-reviewed. This is available below - click the title "A Sample Medical Cost Projection"

Training Methods:

This program is online and on-demand. It is designed to be a self-study program completed at your own pace. Each module will use written materials, articles, case studies, and quizzes.

The training program has been constructed to guide the learner module by module for a complete understanding of all learning requirements and objectives set forth by the ICHCC™.

Certificate of Completion:

After successfully completing each module, you will receive a certificate of completion.

Once you have successfully completed the entire program, you will have immediate access to a certificate of achievement.

This certificate of achievement can be used to show completion of the 45 hour training requirement as requested by the ICHCC™.

Save $451 when purchasing all modules!

Module 1 - CMCPS™ Training Program: The Basics of the Medical Cost Projection
(click to learn more about this module)

Price: $225
Credit Hours: 7.5
Approved for MSCC, CLCP™, and CCLCP™

In this module, the learner is provided with a working definition of a Medical Cost Projection, the stakeholders involved in the projection process, and how medical cost projections are used in the industry. The ethical standards that apply to a medical cost projection will be addressed and an introduction to the components of a medical cost projection are outlined.

Module 2 - CMCPS™ Training Program: The Basis & Methodology for the Medical Cost Projection
(click to learn more about this module)

Price: $225
Credit Hours: 7.5
Approved for MSCC, CLCP™, and CCLCP™

In this module, the learner will be provided with basic rules and methods utilized in completing a Medical Cost Projection. The "contextual framework" for the Medical Cost Projection will be defined and the methodologies employed by the discipline will be reviewed in detail. The procedures followed by the specialist to complete the referral/assignment will be outlined.

Module 3 - CMCPS™ Training Program: The Referral Form & The Report Format
(click to learn more about this module)

Price: $225
Credit Hours: 7.5
Approved for MSCC, CLCP™, and CCLCP™

In this module, the learner is introduced to the referral process for Medical Cost Projections and the report format commonly used for the Medical Cost Projection. A detailed explanation of the referral form and the Medical Cost Report format are provided along with some helpful hints for smooth processing.

Module 4 - CMCPS™ Training Program: Injury Types, Review & Assessment (Part 1)
(click to learn more about this module)

Price: $225
Credit Hours: 7.5
Approved for MSCC, CLCP™, and CCLCP™

In this module, the learner is introduced to a variety of injuries for which Medical Cost Projections are often requested. Although it is not possible to outline all the potential types of injuries a specialist may encounter, the most frequent injuries will be highlighted. Modules 4 & 5 will cover six different types of injuries most commonly encountered by CMCP specialists. This section will outline the considerations/review and assessment specific to each injury type.

Module 5 - CMCPS™ Training Program: Injury Types, Review & Assessment (Part 2)
(click to learn more about this module)

Price: $225
Credit Hours: 7.5
Approved for MSCC, CLCP™, and CCLCP™

In this module, the learner is introduced to a variety of injuries for which Medical Cost Projections are often requested. Although it is not possible to outline all the potential types of injuries a specialist may encounter, the most frequent injuries will be highlighted, and modules 4 & 5 will cover six different types of injuries. This section will also outline the considerations/review and assessment specific to each injury type.

Module 6 - CMCPS™ Training Program: The Medical Cost Projection: Coding & Pricing
(click to learn more about this module)

Price: $225
Credit Hours: 7.5
Approved for MSCC, CLCP™, and CCLCP™

In this module, the learner is instructed on the process of identifying a proper code and price for the items outlined in a Medical Cost Projection. The learner will be provided with the pricing options that are available for the Medical Cost Projection and where to obtain these prices.

CMCPS™ Training Program: A Sample Medical Cost Projection Report
(click to learn more about this module)

Price: $399
Credit Hours: 10
Approved for MSCC, CLCP™, and CCLCP™
8 Hours of Ethics for MSCCs, CLCPs, and CCLCPs

In this module the learner is provided with a sample sanitized version of an actual Medical Cost Projection. Resources and information are included to help the learner develop a complete understanding of the concepts presented throughout Modules 1-6. Once this module is completed, the learner should be able to request the documentation needed to complete their own Medical Cost Projection for peer review. Upon receiving a passing grade, the learner is eligible to sit for the CMCPS™ certification examination.

Please note, CLCPs and CCLCPs pursuing the CMCPS™ certification can audit out of Modules 1 - 6 and complete this Sample Medical Cost Projection report.

For existing CLCP™ and CCLCPs in good standing, this Sample Medical Cost Projection Report will count as ethics CEUs! Successful completion of the Sample Medical Cost Projection report will be awarded a total of 10 CEUs with 8 of those 10 CEUs in ethics.

The participant will follow the instructions to develop a sample life care plan based on supplied case material. You will then submit the sample plan for peer-review.

About the Author

Reva Payne has over 25 years of relevant industry experience. Reva began her career in 1994 as a medical and vocational case manager working directly with individuals injured on the job. Reva holds master's degrees in both psychology and business with extensive professional experience completing medical cost projections, life care plans, Medicare set-aside allocations, product development, management, and expert witness testimony for the Social Security Administration.

What Do I Need to Apply to Sit for the CMCPS™?

In addition to the qualifying background discussed below, candidates for the CMCPS™ credential must provide:

• Evidence of Completion of an ICHCC™ approved training program
• A Sample Medical Cost Projection
• A Peer-Reviewed Critique of your Medical Cost Projection

Who Qualifies to Pursue the CMCPS™?

• Education: All candidates must have at the minimum an Associate's Degree with the exception of Diploma Registered Nurses, Licensed Insurance Adjusters and Licensed Insurance Agents as well as Paralegals with a Paralegal Certificate.
• Professional Experience: A minimum of 12 months of acceptable full time employment within the past three years in any of the following industry disciplines is required. Acceptable employment means that the candidate is working within a health care profession, the Workers' Compensation or Liability Insurance industry or in a legal setting as an attorney or a paralegal, as well as in a Human Recourse setting. Below are some of the approved professions:
  • Certified Life Care Planners (CLCP™) and Canadian Certified Life Care Planners (CCLCP™)
  • Health Care Professionals including Case Managers, Disability Management Professionals, Rehabilitation Specialists, Nurses, Physical Therapists and Physical Therapy Assistants, Occupational Therapists and Occupational Therapy Assistants, Physicians and Physicians' Assistants, Chiropractors, Speech Therapists, Social Workers and Special Education Teachers and Specialists.
  • Insurance Claims Adjusters (In lieu of an Associate's Degree, they may have an adjuster's license.)
  • Attorneys
  • Paralegals (In lieu of an Associate's Degree, they have a Paralegal Certificate.)
  • Human Resource Professionals
  • Government Employees: Government Employees who meet the education and professional experiences qualification and are employed at/through the Department of Health and Human Services, Medicare, Medicaid, and Social Security Administration and their occupations require direct service to enrollees/beneficiaries would be eligible.