Healthcare



Types of Clients

  • Adult Homes
  • Adult Care Facilities
  • Clinics/Ambulatory Care Facilities
  • Health Related Services
  • Health Systems
  • Health Insurers
  • Hospitals
  • Independent Practice Associations
  • Mental Health/Developmental Disabilities
  • Nursing Facilities and Services for the Aging
  • Physicians and Physician Groups
  • State and County Medicaid Programs

Extraordinary Dedication. Outstanding Results.
Keeping healthcare related entities compliant and fiscally healthy is one of the core parts of our business as a CPA and management consulting firm. The Bonadio Group (TBG) offers accounting and healthcare consulting services to hospitals, health systems, long-term care facilities, clinics, physician practices, and many other types of healthcare providers and provider groups. We are a leading audit and business advisory firm for organizations who receive substantial funding from Medicare, Medicaid, and commercial insurers.

The size, diversity and expertise of our healthcare practice team means that you can be assured that TBG has the experience and resources to address your compliance, accounting, reimbursement and financial planning issues. In addition to size and expertise, we bring unsurpassed levels of technical excellence, commitment and dedication to our clients that have made us one of the most successful CPA firms serving this market segment in New York state.

For further information on TBG’s services for healthcare entities,
call us at (800) 487-7624 or contact us.



Overview

Keeping Clients Fiscally Healthy
At the core of our services is the delivery of audit and tax services of unparalleled quality at an affordable cost. In the process, we strive to become a key business advisor to each of our clients and an integral part of their business planning team. From audits and tax matters, to internal control, TBG’s dedication to keeping our healthcare clients fiscally healthy is unsurpassed.

Beyond traditional audit and tax issues, TBG assists healthcare entities maintain and grow their fiscal wellness with services including strategic planning, reimbursement consulting, preparing cost reports, 3rd party rate reviews, financial forecasting and feasibility studies, and contract negotiations.

With an ever-increasing emphasis on risk management, major hospitals and health systems are turning to the services of our dedicated Enterprise Risk Management Team for internal audit assistance, and internal control analysis, remediation, testing and documentation.

Regulatory Compliance Made Easier
When the regulatory and funding compliance requests of Federal, state and local funding sources seem overwhelming and confusing, healthcare organizations throughout New York turn to TBG for assistance. Our team of CPAs, Registered Nurses, Rate and Reimbursement Specialists, Consultants and Trainers possess the clinical, regulatory and administrative expertise to assist you in making your compliance efforts comprehensive, yet affordable.

We have assisted clients in achieving compliance with a broad spectrum of regulations and programs including HIPAA, Medicare, Medicaid, HUD reporting, and various other guidelines. TBG has worked with many healthcare entities to develop, implement and monitor required Corporate Compliance Plans. We even perform outsourcing functions such as Compliance Officer.

Improving Cash Flow
Many healthcare providers have major problems in patient accounting that cost them hundreds of thousands—even millions—of dollars. What’s worse, many administrators may not recognize the symptoms of these problems. The Bonadio Group can help solve these and other receivable issues through Bonadio Receivable Solutions, LLC (BRS).

BRS assists healthcare providers improve cash flow through consulting services that reduce the facility’s accounts receivables, educate the facility’s patient accounting staff, and improve supporting patient accounting operations—tasks necessary to ensure that an accounts receivable reduction can be sustained. For breakthrough revenue cycle improvement, our veteran team of consultants has the experience and tools to quickly boost your bottom line.



Services for Healthcare Organizations

Keeping You Fiscally Healthy and Financially Compliant

  • Activity Based Costing Analysis
  • Administrative Staffing Reviews
  • Annual Report Preparation Assistance
  • Assistance With Grant Funding Applications
  • Auditing:
    • Financial
    • Vendor Requirements, Performance, Billing
    • Employee Benefit Plans
    • OMB Circular A-133, OMB Circular A-87
    • Operational, Efficiency, Performance
    • Claims
  • Base Period Assistance
  • Benchmarking And Best Practice Projects
  • Board Development and Training
  • Business Office Staffing and Productivity Reviews
  • Business Plan Development
  • Capital Cost Certifications
  • Cash Recovery Assistance
  • Certificate Of Need Applications
  • Collaborative Partnering
  • Comprehensive HCBS Waiver Documentation Training
  • Computer System Control Reviews
  • Computer System Installations
  • Corporate Compliance Plan Development, Implementation and Monitoring
  • Cost Containment Assessments
  • Cost Reporting Analysis
  • Cost Segregation Studies
  • Due Diligence On Potential Acquisitions
  • Enterprise Risk Management Services
  • Facility Rightsizing Analyses
  • Financial Feasibility Studies
  • Financial Analysis
  • Forensic Accounting
  • Foundation Audits, Establishment and Implementation
  • Grant Compliance Reviews
  • HIPAA Compliance Projects
  • HIPAA Implementation Assistance / Workforce Training
  • Incident Management
  • Internal Audit Functions
  • Internal Control Analysis, Remediation, Testing, Documentation
  • Lease Versus Buy Decisions
  • Litigation Support
  • Managed Care Consulting Projects
  • Medicaid Rate Appeals
  • Medicaid Regulatory Compliance
  • Medicaid Service Coordination Documentation Training
  • Medicare & Medicaid Cost Report Preparation and Review
  • Medicaid Claims Analysis
  • OMRDD Regulatory Compliance
  • OMRDD Waiver Billing and Documentation Risk Assessments (Reviews)
  • Procedures Documentation
  • Process Improvement and Reengineering Projects
  • Projections
  • Purchasing/Payroll Process Reviews and Procedural Studies
  • Reviews Of Investment Performance
  • Software Evaluation, Selection, Installation and Training
  • Strategic Planning Consultation
  • Tax Preparation And Reporting
  • Third-Party Rate Reviews
  • Valuations of Business Entities

The Bonadio Group is the largest independent CPA firm in upstate New York, providing accounting, tax, business advisory, and financial services.
With offices in Rochester, Buffalo, Syracuse, Geneva, and Perry, we serve the needs of commercial, small business, public, not-for-profit, and individual clients.