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Comprehensive Accounting Solutions for the Healthcare Industry
At Lutz, our healthcare team provides comprehensive accounting and consulting services to a wide variety of healthcare providers. From optimizing your financial processes and implementing growth strategies that align with your organization’s objectives, our tailored solutions help you achieve your goals and navigate complex regulations. Organizations we work with include:
Hospitals & Healthcare Entities
+ Critical Access Hospitals
+ Rural Health Clinics
+ Nursing Homes
+ Assisted & Independent Living Facilities
+ Home Health Agencies
+ Community Health Centers
+ Hospices
+ Healthcare Foundations
+ Other Related Healthcare Entities
Independent Medical Practices
+ Dental Practices
+ Hospital-Owned Physician Practices
+ Independent Physician Practices
+ Ambulatory Surgery Centers
SERVICES + SOLUTIONS
- Hospitals & Healthcare Entities
- Independent Medical Practices
Hospitals & Healthcare Entities
The healthcare consulting team provides comprehensive financial management services to hospitals and health systems, with a concentration on Critical Access Hospitals and rural providers. Our goal is to partner with your organization as a trusted advisor to provide innovative financial solutions and efficiencies to allow you to focus on providing exceptional patient care.
+ Accounting Consulting Services
- Outsourced CFO & Controller Services
- Accounting Procedures Assessment
- Financial Statement Preparation, Review, & Analysis
- Interim Cost Report Estimates
- Strategic Planning & Board Education
- Financial Projections, Budgeting, & Feasibility Studies
- Benchmarking & Statistical Analysis
- Compensation Structure Analysis
- Form 990 Tax Assistance
+ Cost Reporting & Reimbursement
- Cost Report Preparation
- Cost Report Analysis & Reopenings
- Medicaid Disproportionate Share Surveys
+ Provider Enrollment & Licensure
- Changes of Information & Revalidations
- Initial Enrollment & Reassignments
+ Revenue Cycle Services
- Chargemaster, Pricing, & Compliance Reviews
- Payor Contract Reviews
+ Data Analytics & Insights
Independent Medical Practices
Our private practice team is comprised of knowledgeable CPAs and consultants who have extensive experience in the independent medical practice industry. Our goal is to provide strategic guidance to help you enhance efficiencies, recognize opportunities for growth, and support you in providing optimal patient care.
+ Accounting
- Client Advisory Services
+ Outsourced Accounting
+ Accounting Procedures Assessment
- Tax
+ Consulting
- Business Transition & Exit Planning
- Data Analytics & Insights
- Managed Service Provider
- Litigation Support & Forensic Services
- Risk Assessment
- Mergers & Acquisitions
- Transaction Advisory Services
+ Benchmarking & Statistical Analysis
- Overhead/Production
- Payor Mix
- Fee Schedule
+ Cost Reporting & Reimbursement
+ Payor Contract Reviews
+ Provider Compensation Strategies & Contracts
+ Physician Enrollment & Licensure
- Changes of Information & Revalidations
- Initial Enrollment & Reassignments
+ Strategic Planning
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TESTIMONIALS
The Lutz Difference
As a rural CAH facility, we all wear many hats. Lutz was able to take on some of the roles that we needed to fill, lessening the burden on my small staff. With the expertise and knowledge that Lutz provides, I know that our hospital is being fiscally responsible for our patients in order to provide care for years down the road.
Expert Insights, Coming Right Up
Lutz Announces 2024 Associate through Manager Promotions
Medicare Provider Enrollment: Recent Policies and Best Practices
The Importance of Accurate Medical Coding in the Revenue Cycle
Cash Flow Management for Financial Stability in Independent Medical Practices
KPIs for Healthcare Providers
Analytics can help healthcare organizations make more informed business decisions, improve patient care, and increase margins. However, not all healthcare providers know what they should be tracking, how to gather the data, and what Key Performance Indicators (KPIs) they should be analyzing.
Lutz can help healthcare organizations collect disparate data, replace manual spreadsheet reporting, visualize information, and provide insight into your business.
Take charge of your organization’s growth.
Whether you’re a small practice or a large healthcare system, Lutz has the expertise and resources to help you succeed in a rapidly evolving industry.