Strategies to Avoid Hospice Care Audits: Know the Red Flags
In recent years, hospice care providers have come under increasing scrutiny from government auditors. As the demand for hospice services continues to grow (and will only continue to do so with an aging population), so too does the need for providers to maintain strict compliance with Medicare billing regulations. Why? Because hospice care provider audits […]
Understanding IRS Tax Audit Penalties: Consequences and Solutions
Enacted into law in August 2022, the Inflation Reduction Act contains multiple provisions that purport to help working-class Americans. For instance, this law, signed by President Joe Biden, includes many items: deliver lower costs for prescription drugs, make health insurance more affordable, invest in energy production domestically, and help grow the clean energy sector. As […]
The Financial Audit and Importance for Businesses
Financial audits are not just about ticking off compliance boxes; they play an important role in ensuring financial transparency with key stakeholders. What this means is that by having quality auditing processes that result in solid audit outcomes, a business can build trust and increase the operational efficiency of the organization. This article will break […]
