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Healthcare Accounting, Audit, Tax, & Advisory Services Withum

WebMedical practices partner with Withum’s Healthcare Services Team to help turn challenge into opportunity. Your financial and corporate challenges will be managed …

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URL: https://www.withum.com/industries/healthcare/

Healthcare Advisory Services

WebOur Healthcare Advisory Team has years of extensive professional experience serving various executive roles in an array of healthcare organizations from integrated …

Category: Health Go Health

Understanding and Evaluating Controls for Your Healthcare

WebOne mechanism that has become prevalent in evaluating a healthcare organization’s internal controls is through a System and Organization Control (SOC) …

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Review Your Hospital’s Community Health Needs Assessment and

WebUnder IRC §501 (r) (3) an organization that operates one or more hospital facilities must conduct a Community Health Needs Assessment (“CHNA”) and adopt an …

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CMS Issues Final Ruling to Impact FQHCs and RHCs for 2024

WebOn November 2, 2023, the Centers for Medicare and Medicaid Services (CMS) issued the final rule for the prospective payment system for calendar year 2024 …

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FQHC Series: Coverage for Medical Emergencies During and After …

WebThe seventh article of the FQHC requirements series addresses Coverage for Medical Emergencies During and After Hours. A health center must assure continuity of …

Category: Medical Go Health

Top MedIT & Healthcare Consulting Company: Audit, Tax

WebOur Technology specialists work with clients ranging from accelerators and boot-strapped startups to household names in the tech startup marketplace, specializing in tech …

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FQHC Data Reporting and Program Monitoring

WebThis FQHC data reporting article is a continuation of our Federally Qualified Health Centers (“FQHC”) series covering the requirements of the Health Center …

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Healthcare Cybersecurity Act of 2022: What to Know

WebOn March 23, 2022, lawmakers introduced a new bill, the Healthcare Cybersecurity Act of 2022, which would direct the Cybersecurity and Infrastructure …

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Healthcare Risk Assessment and Internal Audit Considerations

WebA healthcare internal audit infrastructure based on the use of data analytics will support more efficient and effective coverage of traditional audit areas while allowing …

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2023 Fitness and Wellness Industry in Review

WebThe fitness and wellness industry is a broad and diverse sector that encompasses various products, services and activities that aim to improve the physical, …

Category: Fitness Go Health

Fair Market Value Considerations Specific to Healthcare Valuations

WebHealthcare valuations require industry-specific knowledge and an understanding of how valuation approaches and methods apply to health care. For …

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Employee Retention Credit for Healthcare Providers

WebThe 2020 ERC is 50% of eligible wages and healthcare costs up to $10,000 per employee, thus up to $5,000 per employee. The 2021 ERC is 70% of eligible wages …

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Revenue Recovery Services

WebWhy Withum. Withum has extensive experience recovering additional Medicare revenue for hospitals with patients who have received inpatient care that is eligible for add-on …

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New York Proposes New Hospital Cybersecurity Regulations – …

WebOn December 6, 2023, New York proposed new cybersecurity requirements for all general hospitals operating in the state licensed under Article 28 of the Public Health Law, …

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Mental Health Awareness With The Wake Up Project

WebCivic Warriors Episode 60: Waves of Hope. In this episode of Civic Warriors, we discuss mental health and suicide awareness with Vince Giardino, Founder of The …

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FQHC’s: Do I Need A Needs Assessment

WebIn this part, we will be looking at the first requirement, “Having a Written Needs Assessment.”. Section 330 (k) (2) and section 330 (k) (3) (J) of the PHS Act …

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FQHC Requirements Series: Sliding Fee Discount Program

WebThe Sliding Fee Discount Program (“SFDP”) applies to all required and additional health services within the HRSA approved scope of project. A board-approved …

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Case Study: Hospital Network Avoids Debilitating Cyberattack

WebThe Withum Team performed a cyber forensic investigation. The cyber forensic specialist was able to trace and link the phishing email to its origin, a country in the Middle East, an …

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S Corporation Owners Reminder: Include Shareholder Medical

WebA 2-percent shareholder-employee of an S corporation can deduct the medical care premiums on page 1, Form 1040 as an “above-the-line deduction” in …

Category: Medical Go Health

Employee Benefit Plan Services Withum

WebCompanies choose Withum for our experience and expertise with employee benefit plan audits, providing accounting and auditing services to new and established 401 (k), 403 …

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