Sampling of Value-Added Ideas

• Evaluating and offering alternatives to contractual reserve and allowance for doubtful accounts calculations.
• Evaluating credit balances in accounts receivable and their impact on the financial statements…and helping to identify opportunities to minimize the credit balances.
• Evaluating application of various accounting pronouncements in relation to meeting debt covenants.
• Recommending and evaluating alternative insurance options, such as self insurance and insurance captives.
• Evaluating and providing recommendations relative toretirement plans (Defined Benefit vs. Defined Contribution).
• Assistance in obtaining HUD approval of situations that may fall outside the regulatory agreement.
• Identifying and evaluating opportunities to increase reimbursement such as quarterly reimbursement Medicare reimbursable bad debts.
• Analyzing existing financing and recommending alternatives.
• Reviewing Medicare cost reports in relation to third-party payor settlements and providing both cost reporting and accounting recommendations.