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All About Healthcare (17)

Two Fraudsters. One Billing Scheme. $1.4 Million Dollars.

Despite what many business owners would like to believe, instances of fraud often crop up when we least expect. Even the best of us can miss the signs of a fraudster in our midst, and as the size of a company increases, so do number of places a fraudster...
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How Does Your Skilled Nursing Facility’s Bad Debt Expense as a Percentage of Revenue Measure Up?

One of the most common questions we get from our skilled nursing facility clients is, “How does my facility’s bad debt expense as a percentage of revenue compare to industry averages?”
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How Long Term Care Facilities Can Better Manage Receivables and Collections

Collection of receivables is one of the toughest financial challenges that a long term care facility faces. Delinquent receivables can create short-term and long-term cash flow issues — and the financial viability of your facility.
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How to Choose an Employee Benefit Plan Auditor

In a letter to administrators of “large” employee benefit plans — plans with more than 100 participants — the U.S. Department of Labor reported high levels of concern about the audit quality of employee benefit plans as well as the CPAs who perform them.
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What Do Your Financial Statements Say About Your Company’s Future?

Motivational speaker Zig Ziglar once said “how you see your future is much more important than what happened in the past.” The same holds true for business owners and how they view their businesses.
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DOL’s Fines for Deficient Employee Benefit Plan Audits are Fast, Furious and Frightening

A recent report released by the Department of Labor (DOL) shows their high level of concern about the audit quality of employee benefit plans. The report’s findings should raise concern for participants, plan sponsors and trustees as well.
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