Cybersecurity and cyber insurance are a priority in today’s world, but in the past few years, these issues have become even more important for companies with employees working remotely. Working from home has multiplied the risks and occurrences of data breaches, and breach costs also have grown.
Lori Crocker, who serves in HORNE’s Healthcare group, was recently promoted to director, effective September 1.
The healthcare industry is in a state of emergency today. In an industry where change notoriously happens gradually at best, leaders should change to a posture of aggressive urgency if they want their facilities to survive. The negative after-effects of the COVID pandemic are felt by no industry greater than healthcare. The virus has left in its wake a system that is not only tired but wounded – physically and fiscally.
In most companies, developers are focused on meeting project deadlines, and that often leads to applications that are insecurely coded. Custom development can multiply vulnerabilities. Some 48 percent of developers think they leave vulnerabilities in their code, according to the State of Developer-Driven Security Survey 2022 from Secure Code Warrior.
When it comes to sustaining or growing a business today, the status quo isn’t good enough anymore. We are in exponential times where the change around us is no longer incremental and we must anticipate the opportunities and challenges facing us in the future.
Exponential times have raised the bar for us to sustain business growth today. We are experiencing fast-moving change in so many facets of our businesses. Incremental thinking will only put us further behind so an effective strategic plan must be a priority.
A critical challenge facing businesses today is leadership development. Opportunities for exponential growth and succession of various leadership roles require companies to plan and be intentional to develop the leaders to secure a bright and growing future.
Large and small businesses have gone through massive changes in the past few years. Many saw their profits fall; they lost employees and suffered from supply chain issues.
The global pandemic reshaped the way we work. Not only did it expedite the shift to remote teams, it also highlighted the importance of work-life balance and allowed many workers to re-think their personal and career goals.
Cybersecurity risks challenge your business development. You need to address the bad risks so you can take the good risks that let you grow and maneuver to stay ahead of your competition.  You also need expert insights into cyber risk and how you must defend your organization and protect your growth.
Technology’s power to disrupt is undeniable. One of the clearest examples rests in our pockets and purses. Decades ago, one would need a camcorder, gaming system, computer, stereo and encyclopedia – as well as a telephone – to replace just one of our mobile devices.
Since the early 1700s, when the first insurance companies were formed, organizations have sought to leverage data. What’s unique about now is the sheer amount of data available, thanks to how fast it’s generated.
If you don’t know your organization’s strategy, there’s a good chance company progress can be derailed. Change that equation with a dynamic and effective strategic plan.
Good preparation is crucial to good strategic planning – but you can’t finish without a robust strategic implementation program
Funds from the American Rescue Plan Act (ARPA) are available to hospitals, whether they need to recoup the costs of prior pandemic-related expenditures or invest in their organization’s future.
The federal government has incentivized the use of data to drive improvement in COVID tracking, measuring COVID impacts, improving population and mental health and addressing health inequities. Analytics
is critical for assessing data, discovering gaps and delivering quick-win recommendations leading to outsize gains.
S-10 reporting now impacts the majority of your organization’s uncompensated care reimbursement. Not only to ensure the health of your hospital but also the health of your community. With $8 billion in uncompensated care DSH funds available, the time to act is now.
The ongoing COVID-19 pandemic has changed many aspects of our lives during the past two years. While it has created a number of new challenges, it has been especially challenging for businesses looking to reopen and consistently maintain safe workplaces, as well as comply with varying guidelines.
On Friday, November 20, the U.S. Department of Health and Human Services (HHS) published the long-awaited final rules revising regulations related to the Physician Self-Referral Law (known commonly as the Stark Law), the Anti-Kickback Statute (AKS), and the Civil Monetary Penalty Law (CMP).
Not sure how to calculate lost revenue for your facility? Join Greg Anderson and Laura Gillenwater in this helpful video for hospitals and health systems.
What actions are most important for hospital administrators to take around Stark and Anti-kickback legislation? Find out in this conversation with HORNE and Friday Firm.
Christina Street is a partner at HORNE where she works collaboratively to serve healthcare organizations across the US. She specializes in physician contracting arrangements for large multi-facility health systems to single-physician medical practices, which includes the development and implementation of physician compensation modeling and fair market value contractual agreements.
Clint King is a partner in healthcare services at HORNE. He oversees audits primarily for healthcare and nonprofit organizations. He specializes in providing insights through data analytics in audit and revenue cycle consulting projects. He also has in-depth experience with complex healthcare revenue recognition issues, patient receivable functions and related cash flow improvement opportunities.
Amie is a tax senior manager in HORNE’s healthcare services practice. She primarily provides tax and consulting services to nonprofit and healthcare entities, including hospitals, doctor groups and physicians.
Use analytics to uncover opportunities to control costs, optimize reimbursements and improve cash flow.
HORNE has invested in a best-in-class healthcare analytics platform that gives providers access to transformative technology, without transformative costs.
In today’s environment, you face an array of challenges. Patient satisfaction. Shifting regulations. Burnout. Dealing with payers. Employee turnover. How you manage these challenges impacts your practice’s growth and success.
We offer specialized insight with the most up-to-date valuation guidance and industry trends needed for sound business decisions.
Our HORNE team offers timely and relevant insights to help optimize reimbursements, protect margins and identify the best opportunities for growth. We evaluate your unique environment and look at the competitive forces to provide financial impact analyses and reveal the best strategies going forward.
We offer specialized insight with the most up-to-date valuation guidance and industry trends needed for sound business decisions.
Kade Moody is a healthcare partner at HORNE and serves as the leader of HORNE’s healthcare assurance services. He is also the firmwide director of assurance and a member of HORNE’s Board of Directors. Kade was also a charter member of the Firm’s Belonging at HORNE Steering Committee, with the focus of creating a sense of belonging and inclusivity across the Firm. Kade leads his client relationships with the key traits of providing financial integrity and strategic vision.
Healthcare is going through tremendous transformation and clients need us now more than ever, particularly as it relates to physician/hospital integration. In helping our clients structure physician/hospital arrangements, Rud Bluementritt is in a unique position to point out areas of concern and suggest workable solutions that are sound and compliant with healthcare regulatory rules, so clients can avoid potential severe, far-reaching penalties.
The amount of time it takes to oversee routine accounting and financial operation functions is increasing. Let HORNE provide your managed accounting services.
Competitive advantage goes to the business that leverages data, automates its workplace & has a solid infrastructure. Transform your data & technology today.
Reduce exposure to cybersecurity threats. Stay ahead of the ever-changing regulatory requirements and strengthen your cybersecurity posture.