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About

Lutz is a business solutions firm for people seeking a partner to help energize and heighten economic and organizational success.

Industry Expertise

Healthcare

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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 & Private Medical Practices
+ Dental Practices 
+ Hospital-Owned Physician Practices 
+ Independent Physician Practices 
+ Ambulatory Surgery Centers

SERVICES + SOLUTIONS

Hospitals & Healthcare Entities
  • Hospitals & Healthcare Entities
  • Independent Medical & Dental Practices
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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
      - Financial Statement Preparation, Review, & Analysis
      - Interim Cost Report Estimates
      - Strategic Planning & Board Education
      - Financial Projections, Budgeting, & Feasibility Studies
      - KPI & Target Benchmark Identification
      - Compensation Structure Analysis
+ Cost Reporting & Reimbursement
      - Cost Report Preparation
      - Cost Report Analysis & Reopenings
      - Medicaid Disproportionate Share Surveys
      - Wage Index Reviews
+ Provider Enrollment & Licensure
      - Changes of Information & Revalidations
      - Initial Enrollment & Reassignments
      - State Applications
+ Revenue Cycle Services
      - Chargemaster, Pricing, & Compliance Reviews
      - Payor Contract Reviews
      - Billing Consulting

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Independent Medical & Dental Practices

Our private practice team is comprised of knowledgeable CPAs and consultants who have extensive experience in the independent medical and dental 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
      - Audit & Assurance
      - Client Advisory Services
      - Tax
+ Consulting
      - Business Transition & Exit Planning
      - Data Analytics & Insights
      - Managed Service Provider
      - Healthcare Consulting
      - Internal Control Assessment
      - Litigation Support & Forensic Services
      - Risk Assessment
      - Mergers & Acquisitions
      - Transaction Advisory Services
+ Cost Reporting & Reimbursement
+ Revenue Cycle
+ Benchmarking & Statistical Analysis
+ Revenue Enhancement [Overhead/Production Analysis]
+ Payor Mix Analysis
+ Fee Schedule Analysis
+ Contract Analysis
+ Physician Compensation Strategies
+ Strategic Growth & Planning

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TESTIMONIALS

The Lutz Difference

The staff at Lutz is knowledgeable and provides solid guidance as we navigate healthcare finance. Their support has been superior and has always exceeded our expectations with accounting and cost reporting. It is very comforting to know we have this resource when any need arises.

Angela Kobel
CFO, Lincoln Community Hospital
Lincoln Health

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.

Brittni Oehmke
Administrator, Hanover Hospital
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Resources

Expert Insights, Coming Right Up

Accounting
CAH Financial Indicators & Trends from 2019 to 2021
Since the start of the Covid-19 Pandemic, Critical Access Hospitals’ financial indicators have ...
Accounting
Budgeting Best Practices for Critical Access Hospitals
At this time each year, many critical access hospitals (CAHs) are in the midst of their ...
Accounting
The Importance of Reconciling a Practice Management System
The digital age has brought many changes to the healthcare industry, including increased ...
Accounting
How Data Analytics is Transforming Healthcare
Data analytics is one of the most important tools healthcare organizations can use to improve ...
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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.

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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.