Withum

OCTOBER 16, 2023

The number of cyber incidents within the healthcare industry has continued to increase, ranging from isolated incidents to targeted attacks that have grown in their material impacts. This year, the first healthcare organization stated that it was going out of business due to a ransomware attack. In 2022, U.S.

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Healthcare Rhode Island West Virginia North Carolina 110

Withum

MAY 20, 2024

On May 10, 2024, the Federal Government issued a joint advisory as the Black Basta Ransomware Group continues accelerating attacks on the healthcare sector. The Health-ISAC also issued a bulletin warning hospitals and other healthcare sector entities of a significant acceleration in cyberattacks by the Black Basta Ransomware Group.

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Healthcare Hospitality Government 80

CPA Practice

OCTOBER 25, 2023

employers are in agreement about plans to manage company healthcare costs and enhance mental health programs. The 2023 Best Practices in Healthcare Survey found more than two-thirds of U.S. employers (69%) are focused on managing healthcare plan costs. Some are still evaluating cost sharing for mental healthcare.

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Healthcare audit payroll 115

Withum

SEPTEMBER 23, 2024

However, a popular strategy over the past several years has been to sell your practice to a strategic buyer, such as a healthcare system or another large practice, or sell to a private equity firm under an MSO structure.

Healthcare 59

Healthcare Sales accrual accounting NetSuite 59

Withum

SEPTEMBER 28, 2022

On September 14, 2022, the FBI issued the attached notification regarding hackers that are actively targeting healthcare payment processors to reroute funds to attacker-controlled accounts. Entities involved in processing and distributing healthcare payments through processors remain vulnerable to exploitation via this method.

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Healthcare Legal Account accounted 122

Insightful Accountant

JUNE 24, 2024

NetSuite's new 'SuiteSuccess Healthcare Edition' is designed to enhance efficient and improve patient care by streamlining business processes, expanding insights, and enhancing decision-making while supporting HIPAA privacy and security requirements.

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NetSuite Healthcare 52

CPA Practice

JUNE 26, 2024

By Shalene Gupta, Fast Company (TNS) It turns out rising healthcare prices have a hidden cost: jobs. Evidence from Hospital Mergers ” and published by the National Bureau of Economic Research, examines the link between increasing healthcare costs and job cuts. A new working paper, titled “ Who Pays for Rising Health Care Prices?

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Healthcare Wisconsin Hospitality income tax 52

PYMNTS

OCTOBER 8, 2020

And it may be enough to fix what ails healthcare. In an interview with Karen Webster, John Talaga , executive vice president and general manager, healthcare at Flywire , said healthcare firms are getting creative with the ways they grapple with collecting on what patients owe — and closing revenue and cash flow gaps.

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Healthcare Hospitality Start-ups Maine 119

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.

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Healthcare AP Automation accounts payable accounting and finance 80

PYMNTS

APRIL 10, 2020

The coronavirus pandemic poses an unprecedented challenge to healthcare systems that will likely extend for months — and perhaps even years — to come. This reflects the complexities of a payment chain in healthcare that involves multiple entities, including patients, insurers, providers and government agencies.

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Healthcare Hospitality Government Maine 144

Cherry Bekaert

FEBRUARY 29, 2024

A $10 million private company that is an industry leader in enterprise data migration, integration and web application solutions for healthcare and other major industries. Contact Us The post HITRUST Services for a Healthcare Company appeared first on Cherry Bekaert. Download Case Study Questions?

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Healthcare Technology Hospitality 52

Withum

JULY 24, 2022

Healthcare Services. For more information on this topic, please contact a member of Withum’s Healthcare Services team. The post Healthcare Leasing Arrangements appeared first on Withum. Contact Us. Let’s Chat.

Healthcare 75

Healthcare Real Estate Legal 75

PYMNTS

DECEMBER 17, 2020

Health iPASS provides software for cloud-based patient engagement revenue cycle management, helping providers collect revenue and giving a streamlined healthcare payment experience. End-to-end integrated payment and security software provider Sphere has announced its acquisition of Health iPASS , according to a press release.

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Healthcare B2B 119

PYMNTS

NOVEMBER 18, 2020

In the accelerated, digital-first world, few things are more complicated than healthcare payments. Because healthcare payments, as i2c President Jim McCarthy told Karen Webster in an interview, are a mess for both patients and providers. The patient, McCarthy noted, has become the largest payor in the entire healthcare system.

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Healthcare Technology Start-ups Account 124

Withum

JANUARY 31, 2024

Download a PDF of this case study Executive Summary In response to growing concerns about the accuracy of healthcare claim payments, a prominent national multiemployer plan sponsor, faced challenges related to uncertainties in claims accuracy, non-standard benefit designs, and financial risks due to overpayments.

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Healthcare audit Finance 52

PYMNTS

DECEMBER 15, 2020

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. Find more on these and other headlines in the Report.

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Healthcare B2B Technology accounts payable 107

PYMNTS

APRIL 15, 2020

The applications of artificial intelligence (AI) are manifold, and many feel that perhaps its most meaningful uses are in the healthcare field, where data can be a matter of life and death. AI applications can save billions in healthcare administration annually. healthcare operation in totally unexpected ways.

Healthcare 101

Healthcare Technology Tax 101

Withum

FEBRUARY 16, 2024

Benefits, Challenges and Pitfalls of Healthcare M&A Mergers and affiliations in the healthcare industry have significantly increased, these transactions include all aspects of healthcare including hospitals and healthcare systems, physicians, ancillary healthcare entities and private equity firms.

Healthcare 52

Healthcare Hospitality Construction Tax 52

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.

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Healthcare Hospitality Maine CPA 80

PYMNTS

JANUARY 27, 2021

The friction inherent in the basic operations of many healthcare services — from complex payment processing methods to inconsistent appointment management practices — became more salient against the backdrop of the pandemic. Patients saw themselves as empowered healthcare consumers, not just the recipients of care.

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Healthcare Retail Maine 105

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.

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Healthcare Hospitality Retail Technology 85

KROST

AUGUST 16, 2023

Our M&A and Capital Markets Principal, Paren Knadjian, has been invited as a panelist to speak at the Mission Matters MxM Future of Healthcare Practices Talk on August 17th. In attendance will be healthcare professionals, doctors, investors, and the media. The event will be held at ScaleHealth in Los Angeles from 1:30pm to 6:30pm.

Healthcare 68

Healthcare Finance 68

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.

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Healthcare audit cpa firm CPA 80

PYMNTS

JANUARY 6, 2021

healthcare industry is plagued with two- and three-month billing delays and confusion about what is and isn’t covered by insurance. A product of the healthcare industry is that billing is still very much a paper process,” LoPresti said. “The It's become an accepted practice in healthcare to just ignore that bill as long as you can.”.

Healthcare 105

Healthcare Education 105

Withum

DECEMBER 7, 2023

Another significant change occurred in the 340B program after a federal judge ruled in favor of Genesis Healthcare in the Genesis Healthcare, Inc. Recent developments, such as the Genesis Healthcare, Inc. Recent developments, such as the Genesis Healthcare, Inc. In the recent case, Genesis Healthcare, Inc.

Healthcare 64

Healthcare Pharmaceutical Hospitality Manufacturing 64

PYMNTS

NOVEMBER 2, 2020

But contrary to what may be the conventional wisdom that delivering online services means upending entire industries (witness Uber and the taxi industry), Cape noted to PYMNTS that “we have no plan, interest or desire to disrupt the healthcare industry. This may be a controversial view, maybe an unpopular view, for a technology company.

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Healthcare Technology Start-ups 107

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. Already registered?

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Healthcare Tax payroll tax accounting standards 52

PYMNTS

FEBRUARY 1, 2021

healthcare system is lauded for providing the best, most advanced care in the world, when it comes to the payments practices being used with much of that industry, honorable mention might be a more fitting rank. Healthcare needs those options, he said. Although the U.S. it’s just getting out there and doing it. We all do it.

Healthcare 107

Healthcare Hospitality Education Start-ups 107

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

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 Uberizing Healthcare. Rigorous Math Vs. Calendar Gazing.

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Healthcare Hospitality Manufacturing Maine 115

Withum

JANUARY 31, 2024

The Challenge The client has been facing several challenges with their healthcare plan. These issues have made it difficult for the client to navigate their healthcare plan and manage their finances effectively. The Client A Group Dental Practice.

Healthcare 52

Healthcare Education Finance 52

CPA Practice

NOVEMBER 14, 2023

David Essary, President Allstate Benefits and Allstate Health Solutions, added: “We are excited to partner with QuickBooks to expand delivery of our healthcare solutions, and deliver on our promise to provide value, solutions, and protection when it’s needed most.”

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quickbooks payroll Healthcare Hospitality 98

PYMNTS

MAY 18, 2020

Healthcare personnel shortages in India are being filled by artificial intelligence (AI) to help make medical services available to segments of the population that are often skipped over, according to a Monday (May 18) report in Financial Times (FT). Another example of AI-powered healthcare tools comes from medical startup Avyantra.

Healthcare 87

Healthcare Hospitality Technology 87

PYMNTS

JUNE 3, 2020

Healthcare costs and healthcare payments are closely tied, but worlds apart. And yet, they are more aware than ever of the importance of the healthcare system and their need to access it. Paper checks may become a thing of the past if healthcare’s trend toward modernization continues,” according to the new report.

Healthcare 63

Healthcare Pharmaceutical Technology Hospitality 63

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 Retail Technology Start-ups 87

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

PYMNTS

NOVEMBER 23, 2020

Consumers are approaching healthcare differently since mid-March, with many turning to telehealth services or ordering their medications online to avoid risky in-person trips to crowded medical facilities. How NowRx Is Engineering Prescription Privacy During The Pandemic.

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Healthcare California Government Account 119