Financial Management & Reporting
Our expert team helps you maximize ROI.
"What strikes me the most about all interactions with this team is their level of integrity."
– Wendy Waters-Connell
Executive Director
Friends Home, Inc.
Executive Director
Friends Home, Inc.
AdCare's financial turnaround expertise consists of operational, marketing and capital budgeting, accounting and receivables management. In one case, a client purchased four nursing facilities out of bankruptcy. AdCare's operational transformation provided the client with valuable assets that were marketed as attractive deals for new buyers. Maximizing reimbursement were key factors in enhancing the market values.
Financial Statements
- Professional and timely financial information to assist in management decision making
- Prepared with Medicaid and Medicare cost reporting in mind to maximize reimbursement
Cost Reporting
- Professionally prepared in accordance with facility staff input
Annual Budgeting
- Detailed annual budgets prepared with facility staff input
Accounts Receivable
- Billing procedures developed through years of successful billing and collection experience
Payroll
- Processed in accordance with all State and Federal laws
- Staff efficiency monitors provided with each payroll
- Payroll tax returns prepared and filed as required
Accounts Payable
- Processed to insure proper coding of accounts payable to maximize reimbursement
Let our expert team of accountants & financial professionals help you maximize your investment.