Healthcare

In the field of human health, much more is at stake than dollars and cents. Fiscal responsibility often translates directly to better care of patients as well as the efficient use of public and private funds. Today’s dynamic legal and regulatory environment can place obstacles on the path to sound financial management.

Whether you need tax, audit, or consulting services, the team at Clark Nuber can help your healthcare organization. Our professionals have deep experience in working with all types of healthcare entities and providing a broad range of services. We can help you by offering guidance on governance and best practices, reviewing state and local tax reporting, helping your organization get refunds and not overpay, and providing guidance to navigate the complex labyrinth of laws and regulations.

Our healthcare clients cover a wide range of entities, including hospitals, health systems, hospital foundations, long-term care facilities, community health and mental health clinics, physician and multispecialty practices, and dialysis centers.

We provide these services to keep your organization financially healthy:

• Reimbursement/Medicare consulting
• Assistance with federal awards training and indirect cost rate proposals
• Board training regarding financial statements and responsibilities
• Tax-exempt status advice
• Contractual allowance analysis
• Internal audit support
• Cost/benefit analysis of outreach and charity care
• Joint ventures and choice-of-entity consulting
• Merger and acquisition consulting and due diligence support
• Accounting, billing, and collection system internal control reviews
• Software solutions and training

Knowledge Based Audits of Health Care Entities

The Clark Nuber team co-authored the Knowledge Based Audits of Health Care Entities (the Guide) with Blue & Co. and fellow Leading Edge Alliance firm LBMC. The Guide is published by CCH, a national publisher that provides technical resources to CPA firms across the country. The Guide is designed to help auditors efficiently and effectively perform financial statement audits of health care entities. It covers all major audit topics pertaining to health care engagements, including fraud risk assessment, analytical procedures, substantive tests, including tests over revenue and receivables, evaluation and testing of an entity’s internal controls over financial reporting, and more. Visit CCH Wolters Kluwer for more information.