We can assist your practice with a broad range of traditional accounting and tax services—as well as specialized support such as practice startup, interim practice management, physician compensation design, and Medicare and Medicaid cost report preparation. Our thorough knowledge and experience within the healthcare industry is what sets us apart. We understand the unique challenges associated with declining reimbursement, the industry’s increasingly competitive landscape and the mounting pressures from regulatory constraints. So whether you’re a single specialty provider, or part of a hospital system, you can rely on Harper Pearson to:
Multiple third-party payors with percentage arrangements and fee schedules make estimating the allowances and receivables on every patient procedure difficult, to say the least.
We understand your revenue streams, reporting requirements, the intricacies of reimbursements and physician compensation models to help you with accounting services and strategic planning.
A keen understanding that’s specific to your industry ensures that we know all the exclusions, exemptions, deductions and incentives that better position your business for growth.
For example, revenue cycle tracking by payor can allow for more accurate allowance estimates. This simple tactic can help avoid numerous future complications.
Excluding Medicare, Medicaid and Tricare receipts from your taxable revenue can have major impacts on your state franchise tax position.