Withum

JANUARY 4, 2024

Click Here Listen in as John Smith and James Trubenbach-Byrne discuss in this timely webinar how to ensure your healthcare organization is prepared for all the year-end tax accounting and auditing qualifications. Recognize recently issued accounting standard updates applicable to the healthcare industry.

Healthcare 52

Healthcare Tax payroll tax accounting standards 52

Withum

DECEMBER 12, 2023

In medical practice accounting, most practices use the cash-basis method of accounting. Under the cash-basis method of accounting, revenue is not recognized until it is received, and expenses are not recognized until they are paid. Another example would be interest income received from a business savings account.

financial statements 75

financial statements Account accountant accounted 75

MineralTree

FEBRUARY 9, 2023

State of Healthcare AP The last few years have presented a perfect storm of challenges for finance teams working in healthcare. These circumstances have left the majority of healthcare organizations facing the same AP challenges. This tall order falls on teams in the back office, specifically the AP team.

Healthcare 80

Healthcare AP Automation accounts payable accounting and finance 80

CPA Practice

NOVEMBER 14, 2023

The partnership agreement was announced during this week’s QuickBooks Connect, an event for accounting professionals designed to inspire, connect, and educate the community on technology’s impact on the industry and the latest innovations across the QuickBooks platform.

quickbooks 98

quickbooks payroll Healthcare Hospitality 98

PYMNTS

NOVEMBER 18, 2020

In the accelerated, digital-first world, few things are more complicated than healthcare payments. In fact, even a medical school degree isn’t enough to sort out the different payment accounts, billing statements and various insurance plans. The patient, McCarthy noted, has become the largest payor in the entire healthcare system.

Healthcare 124

Healthcare Technology Start-ups Account 124

PYMNTS

DECEMBER 15, 2020

Buyers, too, are eager for change and need to adopt accounts payable (AP) methods that are easily managed by employees working from home. How Virtual Card Help Healthcare Claims Processors Manage Payments. Digital payment tools can be critical to helping healthcare claim processors manage their often-changing transaction flows.

Healthcare 107

Healthcare B2B Technology accounts payable 107

Going Concern

AUGUST 21, 2023

note: The following is a guest post from Accountingfly , a niche recruiting agency that specializes in helping firms and finance departments hire accounting talent. They wrote this post because they heard you were looking for accountants. We’re giving them the mic to explain what they do and why accounting employers love them.

Account 71

Account accountant accounted accounting and finance 71

CPA Practice

JUNE 7, 2023

Kimberly Ellison-Taylor, CPA.CITP, CGMA 2023 Most Powerful Women in Accounting Chief Executive Officer KET Solutions, LLC How do you envision the accounting profession evolving in the foreseeable future for women? In order to maintain competitiveness and relevance, the accounting profession must continue to evolve. Why not And?

Maryland 98

Maryland Account accountant accounted 98

Accounting Seed

MAY 15, 2023

The Salesforce and Accounting Seed implementation specialist is sharing their successful approach with clients across the globe—after adopting it themselves. Since implementing Accounting Seed, CRMIT has achieved massive benefits in consolidations, data accuracy, and project tracking.

Technology 98

Technology Account accountant accounted 98

Going Concern

OCTOBER 2, 2023

Global accounting and advisory firm Deloitte is well and truly pulling away from its Big Four rivals. The AICPA created the practice aid to help accounting professionals establish a QM system for their firm’s accounting and auditing practice in line with the Statement on Quality Management Standards (SQMS) No.

North Dakota 98

North Dakota Account accountant accounted 98

Withum

APRIL 15, 2022

If you’re a healthcare executive, there is an ever-growing list of challenges, including patient care, staffing, technology and equipment, facilities, and pandemics. One mechanism that has become prevalent in evaluating a healthcare organization’s internal controls is through a System and Organization Control (SOC) audit.

Healthcare 80

Healthcare audit cpa firm CPA 80

Withum

APRIL 18, 2022

Healthcare facilities hold a significant amount of personally identifiable information, making them a target for these attacks. This bill is a good start in the critical improvements needed to increase the healthcare sector’s strength against cyber attacks. Cyber and Information Security Services. Contact Us. Contact Us.

Healthcare 80

Healthcare Hospitality CPA Maine 80

CPA Practice

MARCH 22, 2024

In fact, in a survey of small business owners and decision makers, healthcare and related benefits are most valued by employees. In addition to medical coverage, they can also explore options for health savings accounts (HSAs), flexible spending accounts, and COBRA coverage. This process usually takes a few weeks.

quickbooks 53

quickbooks payroll Healthcare Tax 53

PASBA

AUGUST 29, 2019

Accounting firms that can assist their clients with managing human capital and financial concerns at the same time can truly stand out from the competition. Clients Already Trust Their Accountants. According to a survey posted on AccountingWEB , more than 87 percent of small business owners express strong trust for their accountants.

Account 135

Account accountant accounted accounting firms 135

CPA Practice

JANUARY 19, 2024

Randy Johnston and Brian Tankersley, CPA, attended CES 2024 in Las Vegas in January, and provide a walkthrough of the technologies they think will have the greatest potential or interest for accounting professionals. So I could see your healthcare clients could get some benefit from some of those. SPEAKERS Randy Johnston, Brian F.

Technology 69

Technology Account accountant accounted 69

Withum

MARCH 22, 2023

Withum’s Healthcare Services Team discuss the 2023 Healthcare Industry Tax Updates. List and categorize potential Clean Energy Refundable Tax Credits and other opportunities for healthcare organizations as a result of the Inflation Reduction Act of 2022.

Healthcare 52

Healthcare Tax Hospitality CPA 52

Withum

SEPTEMBER 25, 2023

Learn how Withum helped a healthcare client optimize realtime reporting, internal controls, scalability and automation while improving efficiencies within their finance department. The Client The client is a healthcare management company specializing in innovative diagnostic and interventional radiology and vascular care services.

Healthcare 52

Healthcare Technology accounting and finance New Jersey 52

PYMNTS

DECEMBER 3, 2020

But increased adoption by healthcare providers of such basic processes during the pandemic has marked a huge step forward for an industry that’s focused on delivering care, Rectangle Health Chief Technology Officer Mike Peluso told PYMNTS recently. Providers can't solve the $4 trillion healthcare expenditure problem,” he said.

Healthcare 85

Healthcare Hospitality Retail Technology 85

PYMNTS

NOVEMBER 23, 2020

One recent study found that more than half of North American banks still require customers to visit branches or complete identity verification in-person for new accounts. consumers are now using bank accounts that are digital-only, for example. How NowRx Is Engineering Prescription Privacy During The Pandemic. million U.K.

Healthcare 119

Healthcare California Government Account 119

Going Concern

MAY 12, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. UK accounting sector needs to put more emphasis on its people [ AccountancyAge ] Across the UK, increasing turnover rates have been observed across barrios sectors.

CPA 103

CPA Account accountant accounted 103

PYMNTS

DECEMBER 16, 2020

This option has businesses bypass insurance companies and use their own budgets to pay out employees’ healthcare claims in the hopes that the expenses will be less than the premium costs they would otherwise pay. Healthcare claims processors must manage transactions with a vast — and often changing — array of physicians.

Healthcare 81

Healthcare accounts payable B2B Account 81

CPA Practice

MARCH 27, 2024

Hosts Randy Johnston and Brian Tankersley, CPA, discuss and review SOBI Analytics , an AI-driven platform, built specifically with CAS (Client Advisory Services) accounting firms in mind. Randy Johnston 00:10 Hey, welcome the accounting Technology Lab. We think this is an indicator of the future of accounting.

Technology 52

Technology Account accountant accounted 52

CPA Practice

FEBRUARY 23, 2023

an accounting association of independent, certified public accounting firms that provides shared best practices, networking opportunities and access to expert resources for member firms. Founded in 1967, Haefele Flanagan is a full-service advisory, accounting, auditing and tax service firm. has joined CPAmerica, Inc. ,

accounting firms 52

accounting firms Account accountant accounted 52

PYMNTS

JANUARY 8, 2021

Even though he thinks waves of the coronavirus will be around for at least another year or two, LeanTaaS CEO Mohan Giridharadas said that at least one side effect of the pandemic could affect the healthcare system forever. “I In addition, he said, hospitals also need to analyze and account for variables in supply and demand.

Healthcare 115

Healthcare Hospitality Manufacturing Maine 115

PYMNTS

NOVEMBER 23, 2020

To the dismay of many in the industry, not all healthcare businesses were allowed to stay open. Indeed, service providers in areas like dental and elective surgery were forced to close, creating a massive cash flow problem for healthcare providers. Yet these payment methods have their drawbacks.

Healthcare 77

Healthcare B2B Technology Account 77

MineralTree

AUGUST 24, 2023

Are you relying on the current accounts payable (AP) workflow in QuickBooks Desktop or Online to manage your financial operations? Leverage Analytics & Optimize Accounts Payable QuickBooks offers a basic payment system but lacks advanced features such as scheduling payments or payment mix optimization. If so, you’re not alone.

accounts payable 70

accounts payable quickbooks AP Automation AP Processes 70

PYMNTS

JULY 13, 2020

The greatest health crisis in a generation is poised to accelerate innovation at the intersection of healthcare , technology and payments as never before. We’re in healthcare. We’re not in retail healthcare,” Walmart senior director of strategy and customer experience for health and wellness Matt Parry told MedCityNews.

Healthcare 87

Healthcare Technology Retail Start-ups 87

PYMNTS

DECEMBER 10, 2020

Procurement within the healthcare industry is perhaps more complex than most sectors thanks to an array of factors, but when the pandemic hit, many of the typical challenges exploded into insurmountable hurdles. Even outside the circumstances of a global pandemic, healthcare procurement processes can be convoluted.

Healthcare 87

Healthcare accounts payable Hospitality Spend Management 87

PYMNTS

JUNE 8, 2020

healthcare system badly needs reform. For all of its 21 st -century brilliance, the American healthcare system of billing and payments, for example, is still extensively mired in 20 th -century business processes. These companies [are] paving the way, and healthcare is the next insurance type primed for innovation.”.

Healthcare 52

Healthcare Hospitality Account accountant 52

Going Concern

SEPTEMBER 1, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Check out this week’s top remote accounting candidates. Check out this week’s top remote accounting candidates. P.S. We’re off for Labor Day, hope you are too.

Account 91

Account accountant accounted audit 91

PYMNTS

JANUARY 22, 2021

B2B payments in the healthcare industry are undoubtedly complex, thanks to the intricacies of coordination between healthcare providers, suppliers and insurance firms. Well before the pandemic hit, however, the healthcare arena began to embrace the opportunities of digitization — at least, on the patient-facing end of operations.

Healthcare 74

Healthcare B2B accounting and finance accounts payable 74

PYMNTS

JUNE 16, 2020

healthcare system is a fragmented and fraught one. According to Bird Blitch , CEO of Patientco , a payment technology company focused on healthcare, 25 percent of patients have delayed treatment due to concerns about out-of-pocket costs. It’s no secret that the billing and payment experience within the U.S.

Healthcare 67

Healthcare accounting and finance accounting system Technology 67

Withum

APRIL 24, 2023

This session will explore how SOC reports can help healthcare organizations ensure that they are meeting their regulatory requirements, such as Affordable Care Act (ACA), Health Insurance Portability and Accountability Act (HIPAA), Health Information Technology for Economic and Clinical Health (HITECH) Act. appeared first on Withum.

Healthcare 52

Healthcare Technology Account accountant 52

PYMNTS

SEPTEMBER 29, 2020

The pain points that accounts receivable (AR) teams most commonly experience can be boiled down to three underlying and related problems: continued reliance on manual AR management practices, and the resulting lack of speed and high operating costs associated with managing receivables. Reliance on manual processes has far-reaching effects.

Technology 121

Technology Account accountant accounted 121

PYMNTS

JANUARY 14, 2021

As Saxena said, Mastercard has its own strategic aspirations in healthcare. In October 2019, it launched Mastercard Healthcare Solutions , which it said at the time “is transforming its business by moving beyond cards and reimagining how its technology and capabilities can benefit the healthcare ecosystem.”

Healthcare 69

Healthcare Retail Start-ups Account 69

Ryan Lazanis

AUGUST 2, 2023

In this article, you’re going to get a ton of inspiration plus a whole bunch of tips for picking amazing accounting firm names. Choosing an accounting firm name is all about branding and how you want the outside world to perceive you. Future-Proof: Remain meaningful and relevant as your accounting firm grows.

accounting firms 52

accounting firms Account accountant accounted 52

CPA Practice

MARCH 29, 2023

Baker Newman Noyes has joined HLB International, of independent advisory and accounting firms with 40,831 professionals across 156 countries. We look forward to working together and learning from each other so we can deliver effective accounting and advisory solutions to the HLB global community.”

New Hampshire 52

New Hampshire Account accountant accounted 52