Compliance

Fraud and Abuse Audits
We can assist you in evaluating potentially high-risk transactions and reviewing CMS’s mandated requirements on billing, collections, and documentation. Areas such as hospital/physician relationships, joint ventures, employment arrangements and other contracts should also be audited for compliance.

Policy/Procedures
Eide Bailly can provide a review of your current policies and procedures to make sure they are in compliance with the rules and regulations, and that they fit the needs of your operation. We can also assist you in developing your policies and procedures and make recommendations that meet the needs of your practice.

HIPAA/OSHA
Our experienced professionals can help ensure your computer system is compliant with HIPAA regulations and that your policies and procedures address OSHA regulations.

Information Technology

Practice Management Systems
Eide Bailly can help you determine your needs, review options and act as a liaison between you and your vendor. Eide Bailly can also be your application service provider giving you access to the latest software available for both practice management and electronic health records—without the need to purchase expensive software programs.

Appointment Scheduling
It is important to efficiently maintain your patient appointments, hospital rounds, and other tasks in one location. Eide Bailly’s practice management software is state-of-the-art and offers an integrated scheduling component that makes scheduling simple.

Electronic Health/Medical Records (EHR/EMR) Our electronic health records software is fully integrated with our Practice Management software. This is a practical, cost-effective solution that delivers the clinical information you need to effectively care for your patients. It keeps track of multiple patients, open charts, laboratory results, electronic prescriptions, and more—all in one intuitive, easy-to-use window.

Tax and Accounting

Tax Planning and Prep
Managing your tax liabilities and properly reporting all taxable income are critical needs of any organization. Eide Bailly can assist in preparing your tax returns and help you manage your taxes through planning, business advice, tax research and IRS audit support.

Payroll/Benefits
Staying on top of everything you need to do as an employer can be challenging. Eide Bailly is here to help you with a full suite of payroll services. We have expertise in payroll processing, reporting payroll taxes to federal, state, and local agencies, W-2 and 1099 form preparation, and COBRA administration.

Accounting Services
Practices of all sizes can benefit by outsourcing all or part of their accounting functions. Eide Bailly offers a full range of accounting services from general ledger and accounts payable processing to preparing financial statements, depreciation schedules and cash flow forecasts.

Practice Administration

Strategic Planning
Whether you are expanding, consolidating, or looking into a new venture, Eide Bailly can provide you with specialized guidance in developing a business plan. This may include feasibility studies, reimbursement impact studies, pricing, industry trends analysis, pro forma cash flow statements, and much more.

Clinic Management
Managing a clinic successfully requires skills they don’t often teach in medical school. Eide Bailly can help you establish release of information procedures, develop record retention protocols, establish coding and billing requirements, implement systems analysis of medical records functions, develop policies and procedures manuals, create job descriptions, and more.

Clinic Startup
There are many steps to starting up a clinic, and it can seem overwhelming to figure out where to begin. Eide Bailly will walk you through the process from securing the location, marketing, banking services, accounting, payroll, office furnishings, staffing, phone services, supplies, charting, credentialing and contracting with payors.

Contracting and Credentialing Services

Reimbursement Reviews
Our health care advisors can review your claims to determine the appropriate reimbursement for your services and to ensure you are maximizing your business potential.

Payor Contracts
Eide Bailly can review your managed care contracts to make sure you maximize your reimbursement. We can also identify complex contract language and inform you how the contract will impact your revenue. If we notice any weaknesses, we can help you negotiate a more favorable contract.

Credentialing
Our knowledgeable staff can complete all credentialing requirements necessary for physicians and mid-level practitioners to practice medicine and participate with all major payors and selected health plans.

Billing and Accounts Receivable

Insurance Billing
Eide Bailly provides comprehensive billing and accounts receivable management services designed to optimally generate cash from your medical services. We use state-of-the-art medical office billing and information systems to provide automated billing and collection, follow-up on delinquent accounts, and report generation to keep you informed about your practice operations.

Medical Coding Services
When you are short staffed or face a backlog of ICD-9 and CPT coding, Eide Bailly’s experienced staff of certified medical coders and health information technicians can provide temporary support. In addition, our consultants can provide review of your coding and medical record documentation to ensure you are compliant and receiving appropriate reimbursement for your services.

A/R Management
Eide Bailly provides accounts receivable (A/R) management services to monitor all aspects of your accounts receivable, including claims filing, payment processing, account follow-up and denial management, electronic patient statements and collection letters, and patient account inquiry.