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Industry Expertise

Healthcare

Lutz Industries + Healthcare

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
  • Hospitals & Healthcare Entities
  • Independent Medical 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
      - 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

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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.

Brittni Oehmke
Administrator, Hanover Hospital
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Resources

Expert Insights, Coming Right Up

Healthcare
Navigating Shifts in Physician Leadership Structure
The healthcare industry is constantly in flux, driven by advancements in technology, changes ...
Healthcare
5 Benefits of Automating Your Revenue Cycle Process
In the dynamic world of healthcare, providers continuously strive to enhance their operational ...
Healthcare
Compliance in Healthcare: Navigating HIPAA & Other Regulations
Regulatory compliance is a vital aspect of any healthcare organization's operations. It ...
Healthcare
Rural Health Clinic (RHC) Reimbursement Changes and Strategies
Rural Health Clinics (RHCs) play a vital role in providing medical services to the underserved ...
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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.