Maxwell Healthcare Consulting
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Maxwell Healthcare Consulting
For Healthcare Facilities in Tulsa, Broken Arrow, Jenks, Glenpool, Owasso and Surrounding Areas in Oklahoma, Arkansas and Missouri. Healthcare reimbursement is in a constant state of change. Healthcare financial management in today's highly regulated environment is extremely difficult without assistance from a competent and knowledgeable adviser.

Maxwell Healthcare Consulting will allow you to focus on managing your facility at peak efficiency instead of struggling to keep up with changing compliance and payment regulations.MHC has the expertise and tools to ensure your facility is obtaining full payment from third party payors. Maxwell Healthcare Consulting specializes in a assisting a diverse group of small and medium-sized healthcare facilities.

Whether the needs involve Medicare cost reports, compliance and policy reviews, or accounting support services, MHC is a cost-effective solution for providers with limited resources or access to personnel with the necessary skills. Hospitals, Skilled Nursing Facilities, Home Health, Hospice and Rural Health Clinics can benefit from the services offered by Maxwell Healthcare Consulting.
Services
James Maxwell has over 30 years of experience in healthcare financial accounting with a focus on Medicare and Medicaid reimbursement.
After graduating from the University of Oklahoma Mr. Maxwell began his career as a field auditor for Medicare, performing compliance and financial audits of Medicare cost reports.
After over five years as a Medicare auditor in Texas and Oklahoma, James was recruited to work in the hospital industry.
In this new role his skills grew to include healthcare financial accounting, product line profitability analysis, payroll, and personnel management.
Maxwell Healthcare Consulting specializes in a assisting a diverse group of small and medium-sized healthcare facilities.
Whether the needs involve Medicare cost reports, compliance and policy reviews, or accounting support services, MHC is a cost-effective solution for providers with limited resources or access to personnel with the necessary skills.
MHC has extensive experience related to virtually all accounting activity including business office revenue cycle, monthly closing, and valuation of receivables and allowances.
Preparing the Medicare cost report is regarded as an extremely difficult task to accurately complete in the necessary time frame due to the complexity of the worksheets and ever-changing Medicare regulations.
The importance of the cost report is important for both compliance and cost accounting reasons.
With this importance in mind, MHC provides expertise in all areas of the cost reporting lifecycle.
The Centers for Medicare and Medicaid Services (CMS) reveals that depending on the facility, an average of two hundred hours is required to ensure the completion of a single Medicare cost report.
Critical Access Hospitals are typically located in rural communities with a limited employment base and small market area.
These limitations result in a facility that is financially fragile and places more importance on Medicare and Medicaid reimbursement.
This checklist is offered to provide a high-level review of issues and concerns that can have a significant impact on a facility's cost report and interim payment rates.
Ensure all changes to offices and departments have been documented and the square footage change is reflected in the cost report.
MHC is uniquely qualified to assist providers at any point in the cost report lifecycle.
This includes expert assistance in report preparation, filing, and cost report settlement (audit).
Our exceptional qualifications ensure prompt and accurate settlement of your cost reports.
Account Analysis: Please provide detail of the items included in the following accounts: (account names may vary) Other/Misc.
Related Party Information: Please include description and dollar amounts of expenses for services or goods provided by related party vendors.
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