Healthcare Solutions

When it comes to finances, healthcare businesses face many complex and nuanced challenges.  Whether a physician practice or a long-term care operation, healthcare businesses must extend services to patients and maintain regulatory compliance, all while maximizing their bottom line.

Joshua Zarlenga on HBK Healthcare Solutions

Whether your business is a small discipline specific physician practice, a large multi-discipline, multi-location organization, or a long-term care organization, these challenges can be daunting. Healthcare organizations can benefit from the guidance of trusted advisors, who understand their industry and challenges, while also focusing on the business and its goals.  Your CPA firm can provide this support.  While some may consider CPAs as historians that focus on past financial performance, they can provide significant support in all strategic and financial areas of your healthcare business.  In fact, you should be able to rely on your CPA to identify and implement financial and business solutions to support your practice or long-term care organization. 

Before you engage a CPA firm, ensure that they have the capabilities and expertise to support your healthcare business in the areas that are most critical to your sustainability and profitability.

When you engage a CPA firm, consider selecting a firm that can help you maintain regulatory compliance while having the expertise and understanding to help you navigate the challenges of the healthcare industry.  These firms should be able to help you address key financial issues, from reimbursement to revenue cycle management as well as operational issues, including data analytics or benchmarking performance with similar practices or facilities.  Most importantly, they should be able to provide you support in growing and managing your profitability and otherwise meeting your business’s goals. 

HBK Healthcare Solutions is a team of subject matter experts within HBK CPAs & Consultants, an Accounting Today Top 100 CPA Firm.  We have worked with healthcare providers since our founding in 1949.  Our unique depth and breadth of experience includes working with physician practices in a variety of disciplines as well as long-term care facilities, including nursing homes, residential care facilities, laboratories, retirement communities, therapists, ambulatory healthcare services, home healthcare services, and others.  While we remain current on the increasingly detailed reporting regulations and reimbursement requirements, we help our clients organize their finances and plan strategically to ensure a profitable operation.

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