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Accounting and Financial Services:
Healthcare Solutions WNY believes that those who keep their books correctly balanced are those who succeed. HCSWNY will help turn your revenue into manageable cash flow while meeting all accounts payable in a timely manner. Turn to HCSWNY for the following accounting and financial services:
- Maintenance of general ledger and chart of accounts
- Processing and reporting of A/P
- Cash management - balancing A/P with A/R to maintain healthy cash reserves for clients
- Operation and capital budget development
- Monthly bank reconciliations
- Maintenance of fixed assets and related depreciation
- Reporting of financial statements
- Physician compensation analysis
- Trend analysis
- Recommendations for operations improvement
- Purchasing and group purchasing discounts
- Assistance in developing banking relationships
- Assistance in finding the best rates for term loans from banks
- Tracking, trending and benchmarking of physician practice success factors like physician and staff productivity, net medical revenue, operating costs, collection percentage, panel size, work RVUs, etc.
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