4 Data Analytics Tools Your Company Should Be Using

4 Data Analytics Tools Your Company Should Be Using

 

LUTZ BUSINESS INSIGHTS

 

4 DATA ANALYTICS TOOLS YOUR COMPANY SHOULD BE USING

4 data analytics tools your company should be using

tony desantis, data analytics manager

 

If businesses wonder where they can obtain more information about customer insights, leaks in productivity and efficiencies, and how to increase their revenue, they need to look no further than the data they already collect each day. While many organizations understand that the data they collect contains vital information, some may be unsure of the simple tools they can use to analyze it. This article reviews four tools for businesses that want to incorporate data analytics into their overall business strategy.

 

Microsoft Excel 

For smaller businesses, there is no better place to get started with data analytics than the Excel spreadsheets you likely use every day. While Excel may seem like a less than momentous choice, it is familiarity and reliability are precisely the reasons why businesses should not overlook this tool. Many businesses already use Excel spreadsheets or at least have the package available, which means they will not have to invest money into another software product. In addition, the learning curve for Excel is minimal, so businesses can get up and running very quickly.

Microsoft has also made some enhancements to Excel over the years, which can help businesses construct a variety of analytics ranging from basic models to more complex forecasting. Two such enhancements include their Power Query feature and their Analysis ToolPak.

The biggest drawback of using Microsoft Excel for data analytics projects is its inability to scale; both in volume of data and the ability to connect multiple data sources. As businesses grow, they continue to collect data, requiring a robust, easily adaptable tool that can handle their data analytics projects’ increased size and complexity.

 

Data Visualization Tools

Data visualization tools are available for both smaller and larger organizations, with some visualization tools either already part of a larger software package or available as an independent application such as Microsoft’s Power BI or Tableau. Regardless, visualization tools are helpful in analyzing data through their ability to connect large volumes of disparate information and present it in useful formats such as a chart or a dashboard. These visual formats allow users to see both trends and patterns, as well as data anomalies. 

The visualization tools today will also allow users to explore their data; allowing users to slice and dice data on the fly. As a result, users can ask questions of the data, identify answers, and highlight anomalies/areas that may need further investigation.

 

Robotic Process Automation

Robotic process automation (RPA) is an automated technology consisting of software bots or “digital workers” using artificial intelligence. While smaller businesses may have assumed these types of tools are out of their reach, that is not necessarily the case. There are a number of no or low code options available, making these types of tools available to organizations both large and small.

RPAs are capable of performing a multitude of functions, including moving data from legacy applications to a data store or repository, cleaning and standardizing data, saving file attachments to emails, and automatically combining files into a specified folder. By automating the process of aggregating data, RPA can free up resources so users can focus on performing analysis or reviewing analytics output.

 

Text Analytics Tools

Last but not least are text analytics tools. These tools are invaluable for a multitude of tasks. For companies who have large amounts of unstructured data such as emails, Word documents, call logs, service requests, or customer reviews, text analytics tools can help in the analysis process of these types of information.

Text analytics tools read and process text by way of Natural Language Processing (NLP). They can help determine whether a customer is happy or dissatisfied by identifying high-frequency phrases or words. These tools are also often found in chatbots, utilizing RPA processes, and they can also create written text from analysis of data through Natural Language Generation (NLG).

 

Selecting the Right Tool

Each company must determine what its particular goals are when it comes to developing a sound analytics strategy. The tools and techniques they employ will depend upon what insights they hope to discover within their data. Depending upon their strategy, organizations may chart a course of gradual expansion of data analytics processes or decide to take a more aggressive approach and employ a variety of tools and techniques to help them reach their goals. If you would like to learn more about leveraging the power of analytical tools to strengthen and grow your business, please contact us.

ABOUT THE AUTHOR

Tony DeSantis

402.496.8800

tdesantis@lutz.us

LINKEDIN

TONY DESANTIS + DATA ANALYTICS MANAGER

Tony DeSantis is a Data Analytics Manager at Lutz with over 20 years of experience. He is responsible for interpreting and analyzing data, as well as designing report visuals in support of client engagements. In addition, he specializes in data management and the application of artificial intelligence to simplify business processes.

AREAS OF FOCUS
  • Data Analytics
  • Data Visualization
  • Data Management
  • Artificial Intelligence
  • Forensic Analytics
EDUCATIONAL BACKGROUND
  • BS in Finance and Operations, Minor in Management Information Systems, University of Delaware, Newark, DE
COMMUNITY SERVICE
  • Junior Achievement, Volunteer
  • Gilda's Club Chicago, Past Board Member

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

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 

115 Canopy Street, Suite 200

Lincoln, NE 68508

P: 531.500.2000

GRAND ISLAND

3320 James Road, Suite 100

Grand Island, NE 68803

P: 308.382.7850

Lutz Launches Data Analytics & Insights Service Line

Lutz Launches Data Analytics & Insights Service Line

 

LUTZ BUSINESS INSIGHTS

 

Lutz launches data analytics & insights service line

Lutz, a Nebraska-based business solutions firm, recently announced a new service offering, Data Analytics & Insights. Offerings include data visualization, data and statistical analytics, analytics strategy development and information management. In addition, our team can assist clients with their data migration, integration, workflow automation and training needs.

Tony DeSantis, Data Analytics Manager at Lutz, said, “Businesses have a wealth of information at their fingertips. However, many struggle to tap into this valuable resource or understand what their data can tell them. Our goal is to simplify the process and help businesses leverage their data to uncover the answers to their most pressing questions. By analyzing your data, we will provide actionable insights that your business can use to increase revenue, decrease costs, anticipate changes and drive client satisfaction.

Lutz’s Data Analytics and Insights service offers a personalized approach to business intelligence, analytics and automation.

“Technology has always been at the forefront of our business. The development of our data analytics service represents our continued commitment to technological advancement and focus on client success. Our combination of deep industry experience and unique analytics skill sets allow us to drive insights and opportunities for our clients. We are excited to see how this offering will help Lutz and our customers grow and prosper,” said Mark Duren, Lutz Managing Shareholder.

Learn more about Lutz’s Data Analytics & Insights offering here: https://www.lutz.us/services/consulting/data-analytics/

RECENT POSTS

2020 Stimulus Funding

2020 Stimulus Funding

  LUTZ BUSINESS INSIGHTS  2020 STIMULUS FUNDING + HEALTHCAREIn this presentation, Lutz experts discuss important information and updates, as well as answer frequently asked questions on various stimulus funding opportunities.RECENT POSTSSIGN UP FOR OUR NEWSLETTERS! We...

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

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 

115 Canopy Street, Suite 200

Lincoln, NE 68508

P: 531.500.2000

GRAND ISLAND

3320 James Road, Suite 100

Grand Island, NE 68803

P: 308.382.7850

How To Avoid Being Negligent When It Comes To Risk

How To Avoid Being Negligent When It Comes To Risk

 

LUTZ BUSINESS INSIGHTS

 

HOW TO AVOID BEING NEGLIGENT WHEN IT COMES TO RISK

how to avoid being negligent when it comes to risk

robert keenan, chief information & risk officer

 

Risk is something that we all face in our day-to-day journeys, no matter who we are or what we do in life. If left unexamined, these risks could either create a small bump in the road or end up providing significant challenges that are difficult to recover from. The only difference between the two is whether you’ve neglected to plan ahead or not. When you’re running a business, you can’t afford to be negligent when it comes to risks and planning for them. These six steps will help you get started.

1. Start With Due Diligence

To properly mitigate your risks and avoid negligence, you first have to know what risks your company may face. Is your customer’s data safe? What about the personal safety of them or your employees? Is your building or product at risk for theft or harm? What events could disrupt your daily business or end up creating lawsuits? Asking yourself these questions will help you assess every way your company can either be a risk or be at risk. In summary, ask yourself, “What keeps you up at night?” or “Why do you have that nagging feeling that you are forgetting something?”

By doing your due diligence, not only are you identifying all the issues you’re prone to run into, but you’re beginning to protect your customers, employees, and business as well. Mitigating risks can save you precious time and money that might otherwise be spent on refunds, lawsuits, or workman’s compensation benefits. It will also help boost your reputation as people will view you as trustworthy and reliable partner.

2. Form A Mitigation Plan

Now that you’ve got a good idea of where your risks are coming from, it’s time to figure out what you need to do about them. 

In an ideal world, simple prevention measures would be enough to take care of all your problems. However, this is often not the case, and you’ll need to come up with a backup plan to ensure that all of your bases are covered. While simply preventing a problem from occurring in the first place is going to be your foremost goal, you always need to have alternate action plans in place to help mitigate worst-case scenarios. For example, you have fire insurance in case something terrible happens, but the follow-up is, “Where will you go when your building burns down. What was in the building that insurance/money can’t replace?”

It’s also important to remember that there are some situations that, no matter what you do, you won’t be able to prevent. However, it’s still vital to ensure you’ve got a plan of action prepared since you never know exactly how an issue will present itself and what other unforeseen problems might arise from it. COVID-19 is a perfect example.

3. Consult With Professionals

When forming your risk mitigation plans, you need to consider all the resources you have at your disposal. One resource you want to be sure to utilize is a risk assessment professional. Their very nature is to help you plan, “What are all the things that can go wrong, and what are the chances that certain things will go wrong?” They can help you be sure that you’re doing everything you can to protect your business. These professionals will have access to resources that you may not, and an outside perspective can help you see issues or view things at angles you might have missed yourself. They help you get over the fear of the unknown.

4. Perform Regular Inspections/Assessments

You’ve assessed your risks and created an action plan, so the job is done, right? No, it is not. Regular inspections and follow-up assessments of your action plan and risk points are an essential part of your risk mitigation journey. Not only are regular inspections required for safety issues, if you’re not assessing and inspecting your problem areas on a scheduled basis, you’ll have no idea if your plans are working properly or not. You’ll also be missing other potential issues that may crop up from the action plans you’ve created if you’re not vigilant. Has your company experienced growth? Are the plans in place now satisfactory for the future? After an issue occurs, how do you put plans in place to ensure that it doesn’t happen again?

5. Establish Clear Communication and Education

Proper education and clear communication with your staff and other involved parties will be the bridge between the plans you put on paper and their successful execution.

Improperly trained employees, lack of clear instructions, and failing to communicate important changes can turn even the best risk mitigation plans into a disaster. Steps could be missed, time and money would be wasted, and dangerous situations could be created, increasing your risk instead of reducing it.

6. Keep Clear, Concise, And Updated Documentation of Everything

The last step in your risk mitigation journey is making sure you’re documenting everything that you do. This should be evaluated against a project plan that you developed with your risk professional in the due diligence phase. Every consultation, plan adjustment, assessment and inspection, all training and communication events, and records of any incidents that occurred all have to be properly documented and easily accessible.

If you miss this step, then when something eventually does happen, you won’t be able to prove that you’ve done everything you possibly can to prevent the incident or mitigate the severity of the outcome. Even if you’ve executed everything flawlessly, you can still end up being negligent if you don’t have the paper trail required to cover you.

No matter where you are in your risk assessment journey, we have the tools necessary to ensure you get it done right. Contact us if you have any questions or to get started with a risk assessment.

ABOUT THE AUTHOR

402.763.2973

rkeenan@lutz.us

LINKEDIN

ROBERT KEENAN + CHIEF INFORMATION & RISK OFFICER

Robert Keenan is the Chief Information & Risk Officer at Lutz with over 20 years of compliance and operational risk experience. He focuses on risk management, compliance, and security for the firm, and will partner with the operations team to drive process improvement and operational efficiencies for Lutz.

AREAS OF FOCUS
  • Risk Management & Compliance
  • Operations
AFFILIATIONS AND CREDENTIALS
  • Association of Certified Fraud Examiners
  • Society of Compliance and Ethics Professionals
  • National Society of Compliance Professionals
  • Certified Fraud Examiner
  • Certified Compliance and Ethics Professional
EDUCATIONAL BACKGROUND
  • BA in Finance, University of Oklahoma, Norman, OK
  • MPA, Drake University, Des Moines, IA
COMMUNITY SERVICE
  • Association of Certified Fraud Examiners - Heartland Chapter, Past Board Member

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

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 

115 Canopy Street, Suite 200

Lincoln, NE 68508

P: 531.500.2000

GRAND ISLAND

3320 James Road, Suite 100

Grand Island, NE 68803

P: 308.382.7850

Does Your Business Have the Proper Internal Controls?

Does Your Business Have the Proper Internal Controls?

 

LUTZ BUSINESS INSIGHTS

 

DOES YOUR BUSINESS HAVE THE PROPER INTERNAL CONTROLS?

does your business have the proper internal controls?

kyle hofeldt, audit director

 

 Internal controls are an integral part of the success of any company. Unfortunately, they are usually not given the due attention they need and are often overlooked by most business owners and stakeholders. Internal controls are mechanisms that safeguard your company’s management and financial data. It is typically a structure that lays out a definitive process of detailing how your company receives and reports transactions, as well as the management and administrative tasks. So, how do you know if your company needs an internal control assessment, and how can you get one?

Understanding the Control Framework

The framework of a good internal control system includes:

  • Control Environment- This sets the tone for your company, creating an awareness of the internal controls within your workforce.
  • Risk Assessment- It identifies and analyzes possible risks to your company’s objectives, giving you a solid basis to manage risks.
  • Control Activities- These are procedures and policies that help your management directives are adhered to and carried out.
  • Information and Communication- Processes and systems that help you identify, capture, and seamlessly exchange information in your business.
  • Reporting and Monitoring- These processes help your employees examine and report the quality, performance, and deficiencies of internal controls to the management team.

Do You Need A Control Assessment?

In response to soaring fraud cases in the 1970s and 1980s, COSO (Committee of Sponsoring Organizations) in the U.S initiated a study to examine the way companies approach internal controls. COSO ruled that internal controls are a means to an end rather than an end in itself.

An internal control’s primary goal should be to enhance financial reports’ dependability and compliance with applicable laws. Consider the following objectives of an internal control assessment to help you determine if you need one.

1. Evaluating the Control Environment

A controlled environment is the building block of an internal control system. It sets the standard for your organization and significantly determines how your employees behave. It helps evaluate the understanding of your management team with regard to company values.

For instance, how can your company’s management prioritize and uphold your company’s values and ethics if they don’t understand all regulations? Equally, if the employees involved in performing the controls, especially financial reporting, lack relevant skills training and education, they will not be effective in running and maintaining the control system. Therefore, having an internal control assessment helps you evaluate your control process, particularly your internal controls personnel, to guarantee your company uses best practices.

2. Investigating Control Activities

Your internal control system is only effective if it can translate into policies and procedures that are easily implementable. Information processing controls, performance reviews, physical controls, and separation of duties are the primary activities to look out for.

Performance reviews will help your management team to monitor an employee’s effectiveness in their respective jobs. Segregation of duties reduces the chances of mistake and fraud and offers an excellent way to fast-track these in your company. An assessment of your internal controls can help you identify, for instance, an employee who is the custodian of your company’s assets and is also a record-keeper to reduce the chances of theft.

3. Examining the Accounting Information System

Your company’s accounting information system has a significant impact on the accuracy of performance reports and the efficacy of the policies you formulate. Assessing your internal controls gives you an excellent way to inspect data entry points and options for all transactions.

An assessment also helps you evaluate whether all the information is captured to create a useful journal or whether the data entry system/process is missing out on important aspects. You can also examine the accounting reports generated by your accounting personnel to check for errors, conformity, and clarity. You can then detect inconsistencies and make the necessary amends.

4. Evaluating the Quality of Monitoring

Internal control assessments allow you to verify how consistently you audit/evaluate your internal controls. Reviews of your internal controls help you actively supervise sensitive activities and follow up on customer complaints. With acceptable checks in place, your employees can make timely recommendations to management.

In summary, an internal control assessment will help your company achieve organization, compliance and will minimize your risk to fraud. If you have any questions or would like to learn more about Lutz’s internal control assessment offering, please contact us today.

ABOUT THE AUTHOR

402.492.2128

khofeldt@lutz.us

LINKEDIN

KYLE HOFELDT + AUDIT DIRECTOR

Kyle Hofeldt serves as an Audit Director at Lutz with over eight years of assurance and consulting experience. He specializes in providing accounting, auditing and consulting services to privately-held companies in various industries including agriculture, service, manufacturing, construction, technology, and transportation.

AREAS OF FOCUS
AFFILIATIONS AND CREDENTIALS
  • American Institute of Certified Public Accountants, Member
  • Nebraska Society of Certified Public Accountants, Member
  • Certified Public Accountant
EDUCATIONAL BACKGROUND
  • BSBA in Accounting, University of Nebraska – Lincoln, Lincoln, NE
COMMUNITY SERVICE
  • Friends of Nebraska Children Board, Service Chair

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

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 

115 Canopy Street, Suite 200

Lincoln, NE 68508

P: 531.500.2000

GRAND ISLAND

3320 James Road, Suite 100

Grand Island, NE 68803

P: 308.382.7850

Lutz adds Brady Sutfin and Tucker Zeleny

Lutz adds Brady Sutfin and Tucker Zeleny

 

LUTZ BUSINESS INSIGHTS

 

Brady Sutfin
Tucker Zeleny

Lutz adds brady sutfin and tucker zeleny

Lutz, a Nebraska-based business solutions firm, welcomes Brady Sutfin and Tucker Zeleny to its Omaha and Lincoln offices.

Brady joins the firm’s tax department as a Staff Accountant. He is responsible for preparing individual and business income tax returns, as well as providing general accounting assistance to clients in a variety of industries. Graduating from the University of Nebraska-Omaha, Sutfin received his Bachelor’s degree in accounting. Brady works in Lutz’s Omaha office.

Tucker joins the firm as a Data Analytics Associate. He is responsible for interpreting and analyzing data, data cleanup, advanced analytics, and data science to support customers’ business functions. Zeleny received his Ph.D. in statistics from the University of Nebraska-Lincoln. Tucker works in Lutz’s Lincoln office.

RECENT POSTS

2020 Stimulus Funding

2020 Stimulus Funding

  LUTZ BUSINESS INSIGHTS  2020 STIMULUS FUNDING + HEALTHCAREIn this presentation, Lutz experts discuss important information and updates, as well as answer frequently asked questions on various stimulus funding opportunities.RECENT POSTSSIGN UP FOR OUR NEWSLETTERS! We...

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

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 

115 Canopy Street, Suite 200

Lincoln, NE 68508

P: 531.500.2000

GRAND ISLAND

3320 James Road, Suite 100

Grand Island, NE 68803

P: 308.382.7850

Provider Relief Fund & Rural Health Clinic Reporting Requirements Update

Provider Relief Fund & Rural Health Clinic Reporting Requirements Update

 

LUTZ BUSINESS INSIGHTS

 

Provider Relief Fund & Rural Health Clinic Reporting Requirements Update

provider relief fund & rural health clinic reporting requirements update

Please note this information is updated through 11.9.2020. The reporting requirements are changing at a rapid pace – please continue to check for updates to the guidance as new information may change the information listed below:

Provider Relief Fund Reporting Requirements over $10,000

HHS released new/updated PRF FAQs on 10.28.2020 and then again on 11.2.2020. There is a significant amount of content added and implications for providers. We encourage providers and medical practices to review the new guidance in detail.

Highlighted FAQS:

  1. Page 3 – If a provider returns a Provider Relief Fund payment to HHS, must it also return any accrued interest on the payment? (Added 10/28/2020)
  2. Pages 8-9 – clarifies “health care-related expenses or lost revenues that are attributable to coronavirus” and outlines what expenses or lost revenues are considered eligible for reimbursement
  3. Page 16-18 – When reporting my organization’s other health care-related expenses attributable to coronavirus, how do I calculate the “expenses attributable to coronavirus not reimbursed by other sources”? (Added 10/28/2020)
  4. Page 18 – Do providers report total purchase price of capital equipment or only the depreciated value? (Added 10/28/2020)
  5. Page 19 – Can I use 2020 budgeted revenues as a basis for reporting lost revenues? (Added 10/28/2020)
  6. Page 20 – How does cost reimbursement relate to my Provider Relief Fund payment? (Added 10/28/2020)

Direct link to FAQs:  https://www.hhs.gov/sites/default/files/provider-relief-fund-general-distribution-faqs.pdf

Recommendations at this point:

  1. Recommendation to track provider/service lines changes between 2019 and 2020, but unsure yet if this will be factored into the lost revenue calculation
  2. Track expenses and ensure no double counting between programs – Be aware of the financial assistance received and various programs your practice received funding, track expenditures by fund.
  3. Start documentation and gathering of information for the reporting requirements – first reporting due 2/15/2021
  4. Review single audit implications if federal funds expended exceed the $750,000 threshold
  5. Review your “lost revenue” calculation; use actual year to date 2020 versus actual 2019.

Full text of Reporting Requirements: https://www.hhs.gov/sites/default/files/post-payment-notice-of-reporting-requirements-november-2020.pdf

* These final reporting requirements do not apply to:

  1. Nursing Home Infection Control distribution recipients
  2. Rural Health Clinic Testing distribution recipients
  3. Health Resources and Services Administration (HRSA) Uninsured Program reimbursement recipients

 

Rural Health Clinic (RHC) Distribution Reporting Requirements

A reminder to providers that the reporting portal is open for the $49,461.42 RHC testing distribution providers received from HHS starting back in May 2020. HRSA also updated its FAQs and clarified that reporting related to testing and spending must be reported monthly. The next deadline for reporting the October data is 11/30/2020. The PRF reporting requirements over $10,000 that are due 2/15/2021 do not apply to the RHC distribution.

RHC Reporting Deadlines

Monthly Data                                     Reporting Deadline

May – September 2020                  October 31, 2020

October 2020                                     November 30, 2020

November 2020                                December 31, 2020

December 2020                                 January 31, 2021

January 2021                                      February 28, 2021

 

HRSA FAQs – Rural Health Clinic COVID-19 Testing Program: https://www.hrsa.gov/rural-health/coronavirus/frequently-asked-questions#rhc

RHC Reporting Portal: https://www.rhccovidreporting.com/

Highlighted FAQs:

What information is required for RHC COVID-19 Testing Program reporting? (Added: 10/28/2020)

RHC COVID-19 Testing Program reporting includes basic information on the RHC organization, the number of and location of testing sites (active and inactive), information on the use of funds, the total number of tests conducted, and the number of COVID-19 positive tests. HRSA intends to use this information to evaluate the effectiveness of the program at an aggregate level. The reporting requirement does not include any personally identifiable, patient-level information.

How often do RHCs/TIN organizations need to update their information on RHCcovidreporting.com? (Added: 10/28/2020)

RHCs are required to provide information monthly.

What are permissible expenses under the $225 million Rural Health Clinic COVID-19 Testing Program payment? (Added: 5/20/2020)

Rural Health Clinic COVID-19 Testing Program funding may be used for COVID-19 testing and related expenses. As set forth in the Terms and Conditions (PDF – 223 KB), examples of related expenses include, but are not limited to, planning for implementation of a COVID-19 testing program, procuring supplies to provide testing, training providers and staff on COVID-19 testing procedures, and reporting data to HHS on COVID-19 testing activities. Further, the Rural Health Clinic COVID-19 Testing Program funds may be used for building or construction of temporary structures, leasing of properties, and retrofitting facilities as necessary to support COVID-19 testing.

RECENT POSTS

2020 Stimulus Funding

2020 Stimulus Funding

  LUTZ BUSINESS INSIGHTS  2020 STIMULUS FUNDING + HEALTHCAREIn this presentation, Lutz experts discuss important information and updates, as well as answer frequently asked questions on various stimulus funding opportunities.RECENT POSTSSIGN UP FOR OUR NEWSLETTERS! We...

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

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 

115 Canopy Street, Suite 200

Lincoln, NE 68508

P: 531.500.2000

GRAND ISLAND

3320 James Road, Suite 100

Grand Island, NE 68803

P: 308.382.7850