Healthcare Advisory Services
In today’s demanding healthcare environment of continuous margin pressure, capital constraints and payer related issues to name just a few, Withum offers a wealth of expertise and resources designed to assist you in all aspects of your business to meet your challenges head on.
Our Healthcare Advisory Team has years of extensive professional experience serving various executive roles in an array of healthcare organizations from integrated healthcare delivery systems, to large academic acute care hospitals, physician practices and long-term care facilities. Our professionals are here to assist you with all the demands you encounter with the ever-changing healthcare landscape. Our specialized services and free assessments can assist you in strengthening the financial and technological health of your organization.
Advisory Services and Assessments
- Accounts Receivable and Denial Management
- Billing, Coding and Documentation Reviews
- Cloud Technology
- Contract Rate Re-Negotiations
- Corporate Governance
- Cybersecurity (including on-site incident response)
- Data Integration
- Denial Prevention
- Eligibility and Verification
- Fair Labor Standards Act (FLSA) Compliance Risk Checkup
- Feasibility Studies
- Financial and Tax Due Diligence
- Healthcare Litigation Cases
- HIPAA and Billing Compliance
- Interim Management
- Internal Audit and Compliance
- Margin Optimization
- Merit-Based Incentive Payment System (MIPS) Program
- Microsoft 365, Office 365, NetSuite
- New Provider Credentialing/Re-Credentialing
- No Surprises Assessments and Implementation
- Patient Access
- Physician Revenue Optimization
- Practice Management Support (as needed)
- Primary Source Credentialing
- Provider Relief Fund Reporting
- Revenue Cycle Services
- Revenue Recovery
- Strategy, Implementation, Security
- The Delivery System Reform Incentive Payment (DSRIP) Program
- 340B Management Tool
- Valuation
Physician Practice Manager Tool
Withum’s analytical tool aggregates disparate data sources into one analytic engine shaped around your organization’s workflows. It incorporates data from all aspects of the system or practice in a comprehensive view.
Leadership
Insights
Protecting the Healthcare Industry From Cyber Threats
The healthcare industry continues to embrace new technologies, which has positively impacted the care of patients. Artificial intelligence, machine learning and big data analytics assist with solutions to enhance healthcare […]
Johnson & Johnson Faces Scrutiny from HRSA Over Proposed 340B Program Rebate Model
On August 23, 2024, Johnson & Johnson Health Care Systems Inc. (JJHCS) announced to the Disproportionate Share Hospital (DSH) Covered Entities that it was updating its discount policy on Stelara […]
How to Manage the Hospital Cash on Hand Crisis
According to an S&P Global Ratings report released on August 7, 2024, median days cash on hand for U.S. hospitals and health systems dipped to a 10-year low. While the […]