In today’s volatile, increasingly competitive healthcare environment, experienced financial and accounting advice is a necessity. Mauldin & Jenkins’ industry expertise helps you achieve your performance goals and serve the senior living and aging populations. For decades, our dedicated healthcare specialists have provided the highest level of responsiveness and proactive involvement to ensure our healthcare clients’ success.
Nursing Facility Billing Consulting and Training
Mauldin and Jenkins’ billing staff has experience dealing with the unique and complex issues of collections. The focus of our billing department is to help you collect all the funds available to you. We offer on-site training in billing Medicaid, Medicare, Medicare Advantage plans and private insurance carriers. Our training menu includes instruction on the proper preparation of the UB-04 and Medicare bad debt log to maximize your collections and cost report reimbursement. Our staff is also available to fill the gaps in your billing office when you have absences and turnover.
Receivable and General Ledger Outsourcing
M&J has many years’ experience in recording, tracking and collecting nursing home accounts receivable. Using industry specific software, we can record your entire revenue cycle including detailed aging of each resident all the way through the posting of collections. We electronically submit Medicaid and Medicare claims for the timeliest collection possible. We also provide monthly statements for the private pay portions of your receivables. Whether you wish to outsource your entire receivable function or a portion such as Medicare billing, we can tailor a solution that will meet your needs and enhance your cash flow.
Employee Benefit Audits
Our team of dedicated professionals has extensive experience in dealing with ERISA regulations, and the complexities of financial reporting and auditing requirements of employee benefit plans. We can provide you with the confidence that you have engaged professionals with the technical expertise to minimize your fiduciary risk.
M&J has 100 years’ experience providing auditing, accounting and tax services. Our auditing staff is highly qualified to perform your facility’s financial audit including requirements specific to government owned and not for profit entities. Our experience in the health care industry allows us to perform your audit in a cost-effective manner, as well as to offer industry specific management advice.
Medicare and Medicaid Cost Report Preparation Services and Representation in Intermediary Audits
Our team of professionals are specifically trained to prepare your nursing home, home health and hospice cost reports. We are dedicated to helping you comply with the reporting requirements as well as maximize your allowable reimbursement. Our many years of experience in assisting with intermediary audits or appeals will give you the confidence that you will receive the most experienced representation available.
Our expertise in maximizing opportunities within the regulatory system can be your valued resource. Services available to you include evaluation of the impact on reimbursement for planned capital expenditures such as equipment purchases, plant improvements and relocations, as well as analysis of the effect on reimbursement rates when there are regulatory changes.
Tax Planning and Preparation Services
Corporate, individual, partnership, trust and estate tax planning services are an important part of your organization’s future. Our experienced professionals will work with you to develop long range plans as well as prepare your annual income tax returns.
Numbers Matter. People Count.
Growing your facility is a key priority. Thinking more strategically and leveraging knowledge about industry trends, process improvement, expansion and controls may help position you for long-term growth. Our methods of providing audit, tax and compliance services do more for our clients than just meet the requirements. Since the beginning our goal has been to build relationships through commitment, quality and dedication to our clients.