Lutz Promotes Pugh to Shareholder

Lutz Promotes Pugh to Shareholder

 

LUTZ BUSINESS INSIGHTS

 

Lutz promotes pugh to shareholder

Lutz, a Nebraska-based business solutions firm, has promoted Taylor Pugh, CPA, to Audit Shareholder in Lutz’s Omaha office.

“Taylor delivers superior service to our clients through her technical and strong client relationship management skills. She continues to make a positive impact with her involvement in many firm initiatives including recruiting, staff development and the firm’s new coaching program,” said Mark Duren, Managing Shareholder.

Taylor has eight years of experience in the industry and provides accounting, auditing, and consulting services to privately held companies. In addition, she leads the Transaction Advisory Services practice as well as consults on special projects related to forensic accounting and litigation support. Taylor graduated, with highest distinction, from the University of Nebraska-Lincoln with a Master’s degree in professional accountancy.

 

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VIEW MODIFIED SUMMER HOURS HERE

OMAHA

13616 California Street, Suite 300

Omaha, NE 68154

P: 402.496.8800

HASTINGS

747 N Burlington Avenue, Suite 401

Hastings, NE 68901

P: 402.462.4154

LINCOLN 

601 P Street, Suite 103

Lincoln, NE 68508

P: 531.500.2000

GRAND ISLAND

3320 James Road, Suite 100

Grand Island, NE 68803

P: 308.382.7850

Smart User Management Key to Data Security

Smart User Management Key to Data Security

 

LUTZ BUSINESS INSIGHTS

 

smart user management key to data security

jimmy burgess, senior accountant

 

You trust your employees or you wouldn’t have hired them. Still, when someone other than you has access to your company’s accounting records, strong safeguards are critical. You store customer profiles, credit card numbers, payroll details, and other information that could hurt you—or someone else—if in the wrong hands.

If you are still doing your accounting work on paper, the best you can do is to lock all accounting files up and restrict access. Computer-based records are another story.

Built-in Security

QuickBooks provides a way to restrict users to specific areas of the software and to the activities performed there.  To explore it, open the Company menu and click Set Up Users and Passwords, then Set Up Users. The window that opens will list you as the administrator. Click Add User and enter the name and password for the employee, then click Next.

Tip: Click F2 and look in the upper left corner to see whether you can Add this user to my QuickBooks license.

QuickBooks then displays a multi-step wizard that will help you define the employee’s role within QuickBooks. You have three options here. You can give the user access to:

  • All areas of QuickBooks. Be cautious here, as this means everything, including customer credit card numbers and check-writing privileges. If you click Yes and then Finish, your setup is complete.
  • Selected areas of QuickBooks. When you choose this option, you’ll be able to assign individual access rights to multiple areas of QuickBooks, including Sales and Accounts Receivable, Checking and Credit Cards, and Sensitive Accounting Activities. Your choices for each are No Access, Full Access, and Selective Access. If you choose the latter, you will be able to select the level of activity that the user can engage in (Create transactions only, Create transactions and create reports, etc.). The final question asks about changing or deleting transactions. QuickBooks then displays a table that shows that user’s permissions.
  • External Accountant. You can give your accountant access to all areas of QuickBooks except for sensitive customer data like credit card numbers.

Helpful Reports

If the worst happens and you suspect an employee may have somehow gained access to a restricted area (for example, by discovering your password) and altered data, there are tools in QuickBooks that can help you assess the damage and learn who is responsible. One of these is the Audit Trail report (Reports | Accountant & Taxes | Audit Trail), which tracks changes to your company’s accounting records, who made them, and on what date. You can also see how a specific transaction has been edited by opening it and clicking Reports | Transaction History.

You have to know what you are looking for to use these methods, though. If you have concerns about the security of your company’s data, please contact us. We have experts in both QuickBooks and technology who can work with you on building protections into your accounting workflow – and other areas of your network.

ABOUT THE AUTHOR

402.514.0016

jburgess@lutz.us

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JIMMY BURGESS + SENIOR ACCOUNTANT

Jimmy Burgess is a Senior Accountant at Lutz with over four years of relevant experience. His primary focus is to provide outsourced accounting to clients with a focus on QuickBooks, tax and payroll compliance, small business consulting, as well as software implementation training.

AREAS OF FOCUS
  • Outsourced Accounting Services
  • QuickBooks
  • Tax & Payroll Compliance
  • Small Business Consulting
  • Software Implementation & Training
  • Construction Industry
AFFILIATIONS AND CREDENTIALS
  • Nebraska Society of Certified Public Accountants, Member
  • Certified Public Accountant
EDUCATIONAL BACKGROUND
  • BS in Business Administration and Accounting, University of Wyoming, Laramie, WY
COMMUNITY SERVICE
  • Youth Sports Coach, Volunteer
QUICKBOOKS PROADVISOR CERTIFICATIONS

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VIEW MODIFIED SUMMER HOURS HERE

OMAHA

13616 California Street, Suite 300

Omaha, NE 68154

P: 402.496.8800

HASTINGS

747 N Burlington Avenue, Suite 401

Hastings, NE 68901

P: 402.462.4154

LINCOLN 

601 P Street, Suite 103

Lincoln, NE 68508

P: 531.500.2000

GRAND ISLAND

3320 James Road, Suite 100

Grand Island, NE 68803

P: 308.382.7850

3 Things a Business Plan Can Do for You

3 Things a Business Plan Can Do for You

 

LUTZ BUSINESS INSIGHTS

 

3 things a business plan can do for you

Lauren duren, senior accountant

 

Business plans aren’t just for big companies. Your small business needs one, too – perhaps even more than large enterprises. Even if you’re an entrepreneur working in a spare room in your home, having a written framework for your strategy and long-term goals can help you make smarter, more targeted business decisions in the short run.

Your business plan can be one page, or you can do it by the book, filling it with voluminous text, financial statements and organizational charts (you will need the latter if you’re approaching banks and investors for financing).

You don’t have to be a brand-new venture to benefit from a business plan. Existing companies will find that this critical document can be useful in numerous ways. You will be able to:

Know when to grow.

Growth costs money. As your company continues to expand and prosper, you’ll need to make decisions about property and people. When is it time to: Take on a new employee? Buy an expensive piece of equipment? Move to a larger office space? Perhaps acquire another business? If you’ve built a detailed, realistic business plan, you’ll be better equipped to decide on expansion based on your short- and long-term goals and projections.

Paint a detailed picture of your company that can be shared.

Think about the individuals and companies in your orbit. Who could benefit from knowing, for example:

  • What problem(s) are your products and/or services are trying to solve?
  • How do you plan to create those?
  • Who are your target markets – and who is your competition?
  • Who is your managerial team?
  • What are your projected milestones?

Provide a written roadmap for other employees (and for yourself).

If you’re building a complex business plan with a lot of sensitive and financial data, you may want to have two versions. One would be comprehensive, available only to staff in managerial positions. Those individuals would see your entrepreneurial vision spelled out in terms they could apply to their own work, the decisions they make every day, and the way they prioritize their schedules. This also makes them feel part of the “bigger picture.”

Better Planning

Noted business plan expert Tim Berry talks about the theory of displacement: Whatever you do is something else you don’t do. An effective business plan will help you schedule your weeks and months more strategically so your time is spent on activities that support your mission and goals (as much as possible).

We could get involved here in a number of ways and help you shape your business plan based on why you need it. For example, are you planning to sell your company, or do you need a business valuation for another purpose? Are you looking for funding? Or, do you just need help creating a document for your own purposes? Whatever the reason, we are ready to help. Contact us, and we’ll set up a consultation.

ABOUT THE AUTHOR

402.827.2062

 

lduren@lutz.us

 

LINKEDIN

 

LAUREN DUREN + SENIOR ACCOUNTANT

Lauren Duren is a Senior Accountant at Lutz with over three years of relevant experience. She provides outsourced accounting services to clients with a focus on tax, payroll compliance, and healthcare consulting.

AREAS OF FOCUS
  • Outsourced Accounting
  • Tax
  • Payroll Compliance
  • Healthcare Accounting Consulting
  • Nonprofit Industry
AFFILIATIONS AND CREDENTIALS
  • American Institute of Certified Public Accountants, Member
  • Nebraska Society of Certified Public Accountants, Member
  • Certified Public Accountant
EDUCATIONAL BACKGROUND
  • MBA, University of Nebraska, Omaha, NE
  • BSBA in Accounting, University of Nebraska, Omaha, NE
COMMUNITY SERVICE
  • Lutz Gives Back, Volunteer

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VIEW MODIFIED SUMMER HOURS HERE

OMAHA

13616 California Street, Suite 300

Omaha, NE 68154

P: 402.496.8800

HASTINGS

747 N Burlington Avenue, Suite 401

Hastings, NE 68901

P: 402.462.4154

LINCOLN 

601 P Street, Suite 103

Lincoln, NE 68508

P: 531.500.2000

GRAND ISLAND

3320 James Road, Suite 100

Grand Island, NE 68803

P: 308.382.7850

Lutz Promotes 15 to Senior Positions

Lutz Promotes 15 to Senior Positions

 

LUTZ BUSINESS INSIGHTS

 

Lutz promotes 15 to senior positions

 

 Lutz, a Nebraska-based business solutions firm, has promoted 15 professionals to Senior positions.

Juan Ayala-Roman, CPA, has been promoted to Senior Accountant in the audit department in Lutz’s Omaha office. He is responsible for providing assurance and consulting services to clients with a focus on employee benefit plans and the non-profit industry.

Jack Boulay, CPA, has been promoted to Senior Accountant in the audit department. He is responsible for providing credibility to clients through financial reporting. In addition, he will work to maintain a high level of objectivity and confidentiality in all areas for clients in a variety of industries. Boulay works in Lutz’s Omaha office.

Matt DeLong has been promoted to Senior Accountant in the tax department. He is responsible for the preparation of individual, business and fiduciary income tax returns, estate and business planning, as well as taxpayer representation on IRS matters. DeLong works in Lutz’s Omaha office.

Bryan Frew, CPA, has been promoted to Senior Accountant in Lutz’s Hastings Office. He is responsible for providing business and individual taxation services to clients in a variety of industries. In addition, he will provide credibility to clients through financial reporting.

Bryson Henkel, CPA, has been promoted to Senior Accountant. He provides individual and business income tax returns with a focus on the agriculture industry, as well as employee benefit plan audits. Henkel works in Lutz’s Hastings office.

Nate Jones, CPA, has been promoted to Senior Accountant in the audit department. He is responsible for the preparation and examination of financial records for clients across various industries. Jones works in Lutz’s Omaha office.

Kim Kaye, CPC, CEMA, has been promoted to Senior Healthcare Consultant in Lutz’s Omaha office. She provides professional coding assistance, chart audits and chargemaster reviews for clients with a focus on the healthcare industry.

Emily Moore, CPA, has been promoted to Senior Accountant in the client accounting services department. She specializes in providing outsourced accounting services to clients with a focus on QuickBooks, tax and payroll compliance, small business consulting, as well as software implementation and training. Moore works in Lutz’s Omaha office.

Brad Newton, CPA, has been promoted to Senior Accountant in the tax and operations departments. He is responsible for providing tax planning and consulting for clients with a focus on tax exempt organizations. In addition, he will assist in coordinating Lutz’s internal accounting operations. Newton works in Lutz’s Omaha office.

Emma Perry, CPA, has been promoted to Senior Accountant in the tax department. She is responsible for the preparation of individual, business and fiduciary income tax returns for clients in a variety of industries. Perry works in Lutz’s Omaha office.

Robby Renshaw has been promoted to Human Resources Specialist in Lutz’s Omaha office. She is responsible for leading Lutz’s internship program and campus recruiting efforts. In addition, she helps oversee the onboarding, employee retention and performance management processes.

Kris Rutz has been promoted to Senior Project Engineer in Lutz’s Tech division. With over five years of experience in the technology industry, Rutz is responsible for assisting outsourced IT clients with technology infrastructure enhancements. Kris works in Lutz’s Omaha office.

Steve Schaffer has been promoted to Operations Lead. He is responsible for assisting the Chief Operating Officer in leading internal operations, gathering and analyzing firm data, as well as consulting with management on internal business plans. Schaffer works in both the Lincoln and Omaha Lutz offices.

Claire Thelen has been promoted to Senior Healthcare Consultant. She provides chargemaster, billing and coding and revenue cycle consulting services to clients with a focus on hospitals and healthcare systems. Thelen works in Lutz’s Omaha office.

Zach Weis, CPA, has been promoted to Senior Accountant in the tax department. He provides tax consulting and compliance services for clients with a focus on individual and business income tax. Weis works in Lutz’s Omaha office.

RECENT POSTS

5 Key Purchase Agreement Considerations

The purchase agreement is a major component of an M&A deal. It is the contract that documents all of the terms agreed upon between the buyer and the seller in a transaction. Without one, it would be…

read more

SIGN UP FOR OUR NEWSLETTERS!

We tap into the vast knowledge and experience within our organization to provide you with monthly content on topics and ideas that drive and challenge your company every day.

Toll-Free: 866.577.0780  |  Privacy Policy

All content © Lutz & Company, PC

VIEW MODIFIED SUMMER HOURS HERE

OMAHA

13616 California Street, Suite 300

Omaha, NE 68154

P: 402.496.8800

HASTINGS

747 N Burlington Avenue, Suite 401

Hastings, NE 68901

P: 402.462.4154

LINCOLN 

601 P Street, Suite 103

Lincoln, NE 68508

P: 531.500.2000

GRAND ISLAND

3320 James Road, Suite 100

Grand Island, NE 68803

P: 308.382.7850

CAH Ambulance Changes

CAH Ambulance Changes

 

LUTZ BUSINESS INSIGHTS

 

cah ambulance changes

cathy bojanski, healthcare manager
claire thelen, senior healthcare consultant

 

The current policy for ambulance services furnished by a CAH or an entity that is owned and operated by a CAH is 101 percent of the reasonable costs of the CAH or the entity in furnishing those services, but only if the CAH or the entity is the only provider or supplier of ambulance services located within 35-miles of the CAH. To ensure that areas served by CAHs have adequate access to ambulance services, the DHHS is proposing to revise the current policy.

What is changing? Effective for cost reporting periods beginning on or after October 1, 2019, CMS is revising its interpretation to exclude consideration of ambulance providers or suppliers that may be within that 35-mile range but are not legally authorized to furnish ambulance services to transport individuals to or from the CAH.

Why the change? If a CAH does not receive reasonable cost-based payments for its ambulance services because there is another provider or supplier of ambulance services within a 35-mile drive of the CAH, even if that provider or supplier is not legally authorized to transport individuals either to or from the CAH, the CAH may be unable to support the costs of providing ambulance services in its service area. DHHS is proposing to address this “gap” in the current regulation.

Consistent with the existing policy, if there is no provider or supplier of ambulance services located within 35 miles of a CAH and there is an entity that is owned or operated by a CAH that is more than 35 miles from the CAH, payment for ambulance services furnished by that entity is 101 percent of the reasonable costs of the entity furnishing those services, but only if the entity is the closest provider or supplier of ambulance services to the CAH.

https://s3.amazonaws.com/public-inspection.federalregister.gov/2019-08330.pdf

ABOUT THE AUTHOR

402.827.2366

cbojanski@lutz.us

CATHY BOJANSKI + HEALTHCARE MANAGER

Cathy Bojanski is a Healthcare Manager at Lutz with over 25 years of experience. Her primary responsibilities include preparation and review of Hospital and Clinic Chargemaster (CDM) reviews for healthcare clients, as well as assisting with coding and billing services.

AREAS OF FOCUS
AFFILIATIONS AND CREDENTIALS
  • Association for Rural Health Professional Coding, Member
  • Certified Billing Specialist

402.514.9218

cthelen@lutz.us

LINKEDIN

CLAIRE THELEN + SENIOR HEALTHCARE CONSULTANT

Claire Thelen is a Senior Healthcare Consultant at Lutz with over four years of experience in the healthcare industry. She provides chargemaster, billing and coding and revenue cycle consulting services to clients with a focus on hospitals and healthcare systems.

AREAS OF FOCUS
  • Assurance
  • Healthcare Consulting
  • Hospitals & Healthcare Systems
EDUCATIONAL BACKGROUND
  • BS in Health Care Administration, University of Nebraska, Omaha, NE
  • Concentration in Nursing, Clarkson College, Omaha, NE
THOUGHT LEADERSHIP
  • CAH Ambulance Changes

SIGN UP FOR OUR NEWSLETTERS!

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Toll-Free: 866.577.0780  |  Privacy Policy

All content © Lutz & Company, PC

VIEW MODIFIED SUMMER HOURS HERE

OMAHA

13616 California Street, Suite 300

Omaha, NE 68154

P: 402.496.8800

HASTINGS

747 N Burlington Avenue, Suite 401

Hastings, NE 68901

P: 402.462.4154

LINCOLN 

601 P Street, Suite 103

Lincoln, NE 68508

P: 531.500.2000

GRAND ISLAND

3320 James Road, Suite 100

Grand Island, NE 68803

P: 308.382.7850

Health Resources & Services Administration: The Impact on Rural Health

Health Resources & Services Administration: The Impact on Rural Health

 

LUTZ BUSINESS INSIGHTS

 

health resources & services administration: the impact on rural health

amy evanich, healthcare consulting senior

 

The Health Resources and Services Administration (HRSA), an agency of the U.S. Department of Health and Human Services, is the primary federal agency for improving health care for people who are geographically isolated, economically or medically vulnerable. The Agency programs assist those in need of high-quality primary healthcare. HRSA also supports the training of health professionals for improved health care delivery. When visiting the HRSA website (https://www.hrsa.gov/) there is access to data, grants, scholarships, organizations, and many other educational resources.

This article will focus on summarizing the Vulnerable Rural Hospital Assistance Program (VRHAP) and the Bureau of Health Workforce (BHW) that are currently available.

Vulnerable Rural Hospital Assistance Program (VRHAP)

The Vulnerable Rural Hospitals Assistance Program (VRHAP) provides targeted in-depth assistance to vulnerable rural hospitals struggling to maintain healthcare services with the goal for residents in those rural communities to continue to have access to essential health services. The overall goal of this program is maintaining local healthcare.

Within the VRHAP, the Center for Optimizing Rural Health (CORH) was created to work with those rural hospitals and communities across the US that are vulnerable to closure. The CORH will offer three tiers of assistance:

  • Tier One – On-Site Technical Assistance
  • Tier Two – Virtual Technical Assistance
  • Tier Three – Self – Directed Technical Assistance

Visit the HRSA website for more information.

Bureau of Health Workforce (BHW)

Another assistance program that is available is The Bureau of Health Workforce (BHW). BHW improves the health of underserved and vulnerable populations by strengthening the health workforce and connecting skilled professionals to communities in need. 

The priorities of the BHW include:

  • Transforming the health care workforce through sustained support of clinicians working in underserved areas;
  • Increasing access to behavioral health services, including substance use disorder treatment; and
  • Leveraging health care workforce data to inform program and policy decisions.

There are several ways in which the BHW strengthens the Healthcare Workforce including:

  • Scholarship, Loan, and Loan Repayment Programs for Health Professionals
  • Health Professions Training Grants to Support Institutions
  • Strategic Partnerships
  • Shortage Designation
  • Health Workforce Analysis
  • National Practitioner Data Bank

Visit the HRSA website for more information.

References:

Health Resources & Services Administration. (n.d.). Retrieved on July 17, 2019 from https://www.hrsa.gov/.

Health Resources & Services Administration. (n.d.). Vulnerable Rural Hospital Assistance. Retrieved on July 17, 2019 from https://www.hrsa.gov/library/vulnerable-rural-hospital-assistance.

Health Resources & Services Administration. (2019, June). Bureau of Health Workforce. Retrieved on July 17, 2019 from https://www.hrsa.gov/about/organization/bureaus/bhw/index.html.

ABOUT THE AUTHOR

402.769.7055

aevanich@lutz.us

LINKEDIN

AMY EVANICH + HEALTHCARE CONSULTING SENIOR

Amy Evanich is a Healthcare Consulting Senior at Lutz with over 10 years of professional experience in the Healthcare industry. She specializes in the areas of medical chart reviews, appeal preparation, Medicare regulation guidance, interpretation and education, and healthcare billing policies and procedures.

AREAS OF FOCUS
  • Healthcare Reimbursement
  • Audit Response Assistance and Appeal Preparation
  • Medical Chart Review Including Medical Necessity
  • Healthcare Billing
AFFILIATIONS AND CREDENTIALS
  • Registered Nurse (RN)
EDUCATIONAL BACKGROUND
  • Bachelor of Science in Nursing (BSN), Clarkson College, Omaha, NE
  • Master of Science in Nursing Health Care Administration (MSN), Clarkson College, Omaha, NE
COMMUNITY SERVICE
  • Nebraska Action Coalition, Leadership Team

SIGN UP FOR OUR NEWSLETTERS!

We tap into the vast knowledge and experience within our organization to provide you with monthly content on topics and ideas that drive and challenge your company every day.

Toll-Free: 866.577.0780  |  Privacy Policy

All content © Lutz & Company, PC

VIEW MODIFIED SUMMER HOURS HERE

OMAHA

13616 California Street, Suite 300

Omaha, NE 68154

P: 402.496.8800

HASTINGS

747 N Burlington Avenue, Suite 401

Hastings, NE 68901

P: 402.462.4154

LINCOLN 

601 P Street, Suite 103

Lincoln, NE 68508

P: 531.500.2000

GRAND ISLAND

3320 James Road, Suite 100

Grand Island, NE 68803

P: 308.382.7850