The healthcare industry is undergoing a complete paradigm shift. New reimbursement models, telemedicine, an aging population and changes mandated under healthcare reform and the Tax Cuts and Jobs Act, have all combined to reshape the medical and dental industry, as well as other healthcare providers and practices both big and small.
As traditional models of care are challenged, innovation and insight are required to reposition physicians, dentists, pharmacies and other healthcare practitioners for success. financial planning and strategies are needed to adapt operations, cut costs, and elevate the quality of care all while increasing revenues.
Regulation continues to increase, so will consolidation, consumerism, and the challenges of COVID. Reimbursement, MIPS, Coordinated Care, Stark Law, Cybersecurity, EHR Integration, are just the tip of the iceberg when it comes to what will keep healthcare providers awake at night. Our tax and accoutning professionals can help physicians and dentists, pharmacies, clinics and hospitals achieve growth and revenue enhancement in today’s evolving marketplace.
In addition to tax and assurance services , Fuoco Group offers a portfolio of financial services that includes budgeting and cash flow, expense analysis, revenue cycle management, payment models, income streams, buy/sell agreements, risk management, and more. You may wish to visit our related entity TFG Health Services: www.tfghealth.com.
Many healthcare organizations are tax exempt; we leverage our experience with nonprofit and governmental entities to assist our healthcare clients with governmental and other audits, including planning and performing the compliance test work required, as well as assist with federal acquisition regulations.
