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 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.
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
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.
Christy Street, Horne, speaks to Anna Grizzle, Bass Berry & Sims, about structuring provider compensation models from a regulatory perspective. The podcast looks at compensation issues in light of the newly issued Stark Law final rules. Sponsored by Horne LLP.
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.
Lisa Nothstine is a senior manager in healthcare services at HORNE. She is a part of the firm’s physician services division where she provides consulting services to medical groups and hospitals related to compensation valuation for physician employment, medical director services, call coverage services, stipends, management services and other hospital/physician contractual relationships.
Allison Little is an outsourced CFO that works with medical practices to achieve goals and advance growth. She provides financial strategies, based on trend analysis and projections, to give insights and opportunities for success. She is recognized for improving financial performance by providing customized accounting solutions that include accounts payable, accounts receivable and billing, payroll, income allocation, key metrics and measurements, financial statements and forecasts.
Tony R. Jones is a tax services senior manager in healthcare services for HORNE LLP. He provides tax services, specializing in employee benefits. Tony joined HORNE in 2004 and has more than 15 years of experience.
Mickey is a director for HORNE specializing in business accounting and consulting for healthcare clients. He serves for-profit and nonprofit clients by providing real-time financial information, reducing costs associated with business operations, and streamlining their accounting processes. He provides business advisory services in the areas of startups, mergers and dissolutions, outsourced accounting, compensation modeling, industry benchmarking, contract CFO, and business restructuring.
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 help protect you from internal and external exposure that can impact your revenues — and your reputation.
We offer specialized insight with the most up-to-date valuation guidance and industry trends needed for sound business decisions.
We offer specialized insight with the most up-to-date valuation guidance and industry trends needed for sound business decisions.
As partner for accounting, advisory and tax services, Kathy’s focus is on managed accounting and tax services designed to help various industries achieve their financial goals. She has collaborated with hundreds of business owners and leaders, providing strategic counsel and assistance ranging from initial startup to succession plans.
Reduce exposure to cybersecurity threats. Stay ahead of the ever-changing regulatory requirements and strengthen your cybersecurity posture.