At CMI we understand the complex nature of the financial systems needed to successfully operate a facility and remain in compliance with various governmental programs. Our team of professionals is able to assist and guide facility staff in the following financial areas:
- General Ledger set-up and analysis
- Financial statement preparation and reporting
- Medicare and Medicaid cost reporting
- Budgeting and projections of future performance
- Business and strategic planning
- Management of cash flow operations
- Taxation
- Fixed assets and depreciation
- Rate setting and analysis
- Maximization of RUG categories and/or PPS reimbursement programs
- Full scope and limited scope audits
- Developing loan requests and financing packages for projects such as renovations, additions and new construction
We have a proven history of turning struggling and/or poor-performing facilities into quality, high-performing ones. Our highly qualified team of professionals will partner with facility staff to ensure that financial systems are in place to meet the needs of today’s complex financial environment in a consistent, accurate and timely manner.