Efficient Healthcare Accounting Services for Better Cash Flow

Efficient Healthcare Accounting to Keep Books and Financials Healthy

Being in the medical fraternity, you strive to provide optimal patient outcomes, yet record to report process often operates in the shadows. For operational efficiency and financial stability, you must diligently track and manage revenue, payments, inventory and monthly reconciliations. We understand the intricacies and best practices unique to old age caring, hospitals, clinics and nursing homes, ensuring accurate records, structured financial reports, regulatory compliance and improved cash flow statements. Our certified professionals manage revenue cycles, oversee accounts payables and receivables and track expenses related to medical equipment, staff salaries and other healthcare-specific costs. This enables you to focus on what matters most - your practice and delivering excellent patient experience.

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Outsourced Accounting Services for Healthcare

Our result-driven approach and comprehensive accounting services ensure compliance, optimize revenue cycles, enhance financial reporting, manage expenses and improve efficiency, allowing you to focus on delivering exceptional patient care.

Accounts Payable

Tracking invoices, processing and paying vendor bills, reconciling vendor statements and maintaining accurate records

Accounts Receivable

Monitoring insurance claims and reimbursements, collection analysis and the aging bucket of the A/R

Revenue Cycle Management

Managing order to intake, care to claim, and claim to payment cycles to improve point-of-service collections and maintain healthy cash flow

Inventory Management

Keeping track of your health system's inventory, medical supplies, purchases, orders, payments, and more

Monthly Financial Statement

Preparing timely, accurate monthly financial statements and reports to offer a clear view of your practice's financial well-being

Bank Reconciliation

Matching bank statements and credit card transactions with cash accounts to gain detailed visibility into cash on hand

Cash Flow Management

Effectively managing cash in-flows and out-flows to optimize resources, provide quality care and boost profitability

KPI Reporting

Monitor, analyze and optimize all relevant healthcare processes to increase patient satisfaction

BI and Analytics

Financial analysis and reporting tool to transform financial data into actionable insights

Benefits

Current and accurate financial information and insight

Access to industry expertise and tools for better reporting

Accounting solutions match your unique needs

Expertise in industry leading accounting software

More time to focus on quality care and better outcomes

Comprehensive financial reports for actionable insights

Software Agnostic

We’re not tied to any specific software. This flexibility is our superpower. It means we’re all about being adaptable, agile and highly dependable. We don’t play favorites with software when it comes to providing top-notch accounting and bookkeeping services. We seamlessly adapt to your preferred software, giving you the strategic advantage, the nimbleness you need and the reliability you can count on.