Knowing the difference between contractual allowance and bad debt is critical to healthcare providers. The IRS wants bad debt clearly separated in tax returns. LBMC can help with revenue recognition standards and tax reporting.
ANERI PATTANI | KAISER HEALTH NEWS There’s no national data… Read more »
It’s no surprise that medical practices commonly struggle with internal… Read more »
The financial due diligence of physician practices could prove challenging given the general cash basis nature of accounting. However, understanding the key issues and analyses needed to address these issues will help ensure a successful transaction.
With the pace of merger and acquisition activity taking place… Read more »
In December 2021, HITRUST announced the newest service offering –… Read more »
Lisa Nix was recently featured in a webinar with Smart… Read more »
The Provider Relief Fund (“PRF”) was created to assist healthcare… Read more »
The pulse survey shows that leaders in the healthcare industry are positive about the upcoming year’s increased revenue through the enhancement of existing products and services, expansion into existing and new markets, improved efficiency and increased pricing. Capital spending will continue this year with an emphasis on IT investment, R&D and marketing. Retaining top talent and hiring challenges will continue to be top of mind.
Andrew McDonald was recently interviewed for a feature in Modern… Read more »