When it comes to niches, few are as "out there" as healthcare accounting. Operating under HIPAA and HITRUST compliance requirements, healthcare entities must also find ways to meet the rising costs of delivering healthcare and the shrinking margins of reimbursements from private insurance, Medicare, and Medicaid.
Broussard & Company is a regional expert helping healthcare entities navigate healthcare laws and regulations.
Some of the providers we serve:
Nursing Home Providers
Through the 5-Star Rating program, nursing homes are graded on their ability to provide quality resident care with appropriate staffing. What they aren't graded on is their ability to also provide these services with declining reimbursement rates and rising operational costs.
Nursing Home Accounting Support
We have an accounting team dedicated to supporting nursing home providers and long-term care operators. Our team provides complete backoffice accounting and support for nursing home owners and operations including:
- Cash flow management
- Financial statements
- Payroll management
- Accounts Payable & Accounts Receivable
- Medical billing
- Spending floor assessments
- Financial audit
- SOC audit
- HIPAA Security Risk Assessment
- IT consulting and management
Broussard & Company is a pioneer in the setup and management of closed door pharmacies supporting senior living communities. Our consultants assist with risk assessment and financial planning then form a transparent management team to work with you and other partners in your region to create and operate a closed door pharmacy.
Long-term care pharmacies help nursing home and assisted living operators provide fast, accurate medications to their residents and offer nursing home operators a new revenue stream to offset the rising costs of providing quality resident care.
Assisted Living Communities
Assisted living communities offer residents the freedom of independent living and Broussard & Company provides owners the freedom of independent operations. Our complete accounting solution is a turnkey backoffice service that allows operators to off board the management of accounting activities so they can focus on providing assistance and quality living activities to their guests.