Cost Reporting Services
As the healthcare landscape becomes more complex, you need a trusted partner who understands the industry’s intricacies, opportunities, and hurdles.
With decades of healthcare experience, our advisors understand the necessary strategy, transactions, operations, and technology considerations, leveraging advancements to create value-additive collaborations.
The efficiency and accuracy of cost reporting are integral to a healthcare provider's success, as failure to comply can lead to numerous financial, legal, and operational consequences. As a trusted global accounting and advisory firm, our EisnerAmper team works diligently to provide comprehensive Medicare and Medicaid cost report preparation, along with compliance and strategic reimbursement services.
Benefits of Cost Reporting with a Provider
Partnering with an advisory firm is a valuable asset for healthcare organizations seeking enhanced reporting vigilance and accuracy. From enhanced compliance to added budgetary insight, you can find peace of mind knowing your organization, employees, and patients are in the right hands. Key benefits of cost reporting with a healthcare advisor include:
- Increased reporting process efficiencies from beginning to filing.
- Reduced staff training time, enabling streamlined data gathering and account grouping for reports.
- Emphasized compliance and knowledge about regulatory changes.
- Lower internal staff and benefit costs, leveraging automated processes to maximize productivity and save resources.
- Enhanced documentation makes sure filings and information are in order to support your cost reporting process.
- Added financial data analysis helps you pinpoint potential financial obstacles and opportunities, identifying areas for operational improvement.
Our Services
At EisnerAmper, we know navigating regulatory changes or shifting industry landscapes is challenging. We offer a range of services to support your endeavors, help your organization operate at its maximum potential, and relieve the reporting burden off your team.
Cost Report Preparation
Our advisors help healthcare entities and leaders process Medicare and Medicaid cost reports, preparing all related reports and scheduling. Rather than being bogged down with endless reports and files, let an advisor alleviate the cost-reporting burden, allowing you to get back to doing what you do best— helping patients and improving your practice.
Regulatory Compliance Support
We assist healthcare providers and businesses with compliance. With evolving regulations like HHS, OIG, CMS, and changing agency requirements, you need a partner who understands your unique industry standards.
Purposeful Reimbursement Advisory
Our team is committed to your ongoing success and organizational growth. We help our clients and related parties develop tailored solutions and strategies to maximize reimbursement.
Integrated Software for Increased Productivity
We utilize Health Financial Systems’ (HFS) CMS-approved software, which enables us to assist in preparing and evaluating alternative options during the reporting process. Using advanced technology ultimately removes the to-do from your plate, allowing your organizations to focus on practice initiatives instead of monotonous reporting processes.
Is EisnerAmper Right for You?
With decades of experience, our healthcare advisors understand the importance of compliance, reporting efficiency, technology enablement, and reduced operational burden. EisnerAmper professionals are dedicated to your practice’s success and growth.
- Our client-centric approach allows us to prioritize your needs, providing personalized support to help you achieve your financial goals.
- We are technology-driven and motivated by technological advancement. We stay at the forefront, using innovative advancements to streamline the cost-reporting process and promote accuracy.
- Our team of experienced and knowledgeable professionals has extensive Medicare, cost reporting, and healthcare finance capabilities, resources, and strategic insights. The cost reporting team holds leading-edge, prestigious professional certifications in cost reporting, as well as affiliations with top-tier agencies for the benefit of our clients. Agencies include but are not limited to:
- HFMA
- AIHC
- CMS
- Medicaid agencies
What's on Your Mind?
Robert D. Church, Jr
Robert D. Church, Jr is a Managing Director in the firm's Forensic Accounting, Litigation, & Valuation group, whose principal focus is health care fraud and abuse and litigation.
Start a conversation with Robert
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