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Healthcare

LBMC brings quality and integrity to the services we provide to the healthcare industry. Our dedicated healthcare industry team provides a wide range of services focusing on the particular needs of each client from a financial, operational and strategic standpoint. In addition to exemplary traditional audit, tax and accounting services, LBMC provides comprehensive offering of advisory consulting, reimbursement, compliance and strategic business services to our healthcare clients.

LBMC has been one of the most recognized firms in Healthcare Services and Consulting for over a decade. Our experience and reputation for excellence in service delivery echo our tagline of being the firm where Healthcare Companies Come to Grow!

Types of Clients

LBMC has proven itself a leader in healthcare with significant experience in the industry as evidenced by more than 300 healthcare related organizations that it serves including:

  • Hospitals and Hospital Systems
  • Medical Practices
  • Healthcare Systems
  • Ambulatory Care Centers
  • Long Term Care
  • Physician Practices
  • Ancillary Service Providers

Services

Healthcare Audit, Tax and Accounting Services

  • Audit, Review, Compilation
  • Benefit Plan Audits
  • Internal Audit Outsourcing
  • Accounting Services
  • Policy and Procedures
  • Tax Consulting and Compliance
  • Multi-state Tax Services

Financial and Reimbursement Services

  • Reimbursement Services and Cost Report Preparation and Review
  • Mergers, Joint Ventures, Acquisitions, Divestitures, Due Diligence
  • Financial Forecasts, Projections and Feasibility Studies
  • Business Valuations
  • Revenue Cycle Management Reviews
  • Capital Evaluation, Formation and Analysis

Human Resources

  • Permanent and Interim Staffing
  • Payroll Outsourcing
  • HR Outsourcing
 

Strategic and Business Planning Services

  • Strategic Planning
  • Alternative Delivery Organizational Development (ie ACO)
  • Hitech/Stimulus Planning
  • EHR/EMR and Transition Planning
  • Operational Assessments
  • Community Health & Physician Needs Assessments
  • Accounts Receivable Management Reviews
  • Healthcare Organizational Startup Services

Coding, Compliance and Corporate Integrity

  • Inpatient and Outpatient Coding Reviews including CPT, HCPCSII, ICD-9 and ICD-10 education & training
  • Compliance Plan Audits, Development and Implementation
  • Fair Market Value Physician Compensation Arrangement Opinions
  • Income Guarantee Reconciliations
  • DRG Validation Services
  • RAC audit and appeal services
  • Charge Master (CDM) and Fee Schedule Reviews and Updates
    Coding and Billing Education
  • HIPAA Privacy and Security Audits

 

Meet our Healthcare Services Management Team