Healthcare
Businesses in the healthcare sector experience some of the most complex accounting transactions, and their financial success rests on accuracy in financial reporting. To operate at your business efficiently and cost-effectively, you need an industry-savvy accounting team. At L&H, our healthcare industry services focus on sole practitioners, group medical practices, and nursing homes.
Sole Practitioners & Group Medical Practices
A high number of transactions, Medicare coding, and billing issues can make for complex accounting and bookkeeping needs. L&H regularly partner with a variety of medical practices, including general practitioners, pediatricians, and dentists.
Our services for medical practices include tax planning, compliance, and preparation and accounting and advisory services, including financial statement audits, reviews, and compilations. We perform agreed upon procedures, SOC engagements, and bookkeeping and payroll services through our affiliate, EBPI. Industry-specific consulting services include:
Revenue Review
Practice Start-up and Acquisition Services
Medical Business Restructuring
Set-up and Analysis of Medical-specific Accounting and Computer Systems
Developing Retirement Plans
Cost Accounting Analysis
Contract Review and Negotiation
Physician Compensation Models
Nursing Homes
Whether for-profit or not-for-profit, private or public, nursing homes experience complex financial, operational, and regulatory industry requirements. To achieve and sustain financial success and maintain timely compliance, you need a team that focuses on every aspect of your clinical and billing operations.
L&H provides nursing homes with services including tax planning, compliance, and preparation, as well as accounting and advisory services, including financial statement audits, reviews, and compilations. We perform agreed upon procedures, SOC engagements, and bookkeeping and payroll services through our affiliate, EBPI. Our consulting services for nonprofits include:
Strategic planning
Preparation of Medicare and Medicaid cost reports and related filings with federal and state agencies
Examinations of Alternative Sites, including specialty units, advanced certifications, changes in services/licensed bed capacity, and discontinued operations
What We Are Talking To Our Clients About
Nursing Homes
Medicare and Medicaid cost reports and
related filings
Group Practice
Accounting for
Medicare coding,
and billing issues
Sole Practitioners
Set-up and Analysis of Medical-specific Accounting and
Computer Systems
Contact us to learn more about how we can serve your healthcare organization’s needs.
Healthcare Organization Specialist
Maria C. Bunker, CPA
Maria joined Livingston & Haynes as a staff accountant after graduating from Emmanuel College in 1997. She also received a Master’s of Science in Accounting from Bentley University and earned second honors on the CPA exam in Massachusetts. She became a partner in 2017. Her specialties include audits and tax planning. She works with clients in a range of diverse industries including financial services, real estate partnerships, and various nonprofit organizations.
