Our Healthcare CFO consulting services include:
- Improving finance and accounting processes and systems
- Budgeting and projection planning
- Competitor benchmarking and analysis
- Identifying key performance indicators and targets
- Developing and implementing effective tax strategies
- Identifying and managing financial risks
- Analyzing and negotiating third-party contracts
- Delivering due diligence research and reporting
- Practice area segregation/reporting
- Medicare/Medicaid utilization tracking
Business Analysis
While medical technologies and practices are constantly evolving, the business basics required for profitable and successful operation remain the same. LWI will help you identify and manage these aspects of your practice through contract analysis, bonus/compensation planning, capital planning, operational analysis and strategic planning, ensuring you understand the details and implications of all associated data.
Compliance Services
Considering the ever-increasing level of legislative scrutiny being placed on the healthcare industry, it’s critical that providers implement tight internal controls and processes to ensure compliance. LWI employs years of experience and knowledge to provide the services required for monitoring and maintaining ongoing compliance, including:
- Reviewing process/procedure documentation
- Analyzing Coding/Billing practices
- Consulting on HIPPA
- Advising on reporting requirements
- E&M Analysis
Ideal Tax Solutions
Recognizing the ever-changing landscape of healthcare costs and regulations, LWI is dedicated to maintaining a specialized knowledge of available strategies to ensure our healthcare clients are employing the ideal tax solution. Our tax-related services include:
- Preparing transparent and informative financial statements (including benchmark data)
- Consulting on tax compliance
- Assisting with business tangible personal property returns
- Designing effective compensation plans
- Advising on financial and retirement planning
- Preparing audits and periodic reviews
We’ve worked with healthcare providers in every stage of their business life-cycle, advising through growth spurts, partner introduction, key management integration, transactional mergers/acquisitions, provider retirement and buy-outs and have every confidence that we can help you achieve your practice goals.
To learn more about our CFO Services for medical professionals or schedule your free initial consultation, contact us at 866-486-2042.
