, 2008
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Hospitals

Hansen, Barnett & Maxwell presently provides professional services to city and county owned healthcare facilities. We have formed a rural healthcare industry group within our Firm to devote time and resources to being experts in the rural healthcare industry. We are always interested in expanding our opportunities to work with additional hospitals. We are familiar with the accounting, financial and management issues specific to the healthcare industry.

We have excellent experience in the reimbursement area. We work closely with clients to quantify the effect of expected audit adjustments on third-party reimbursements and monitor the status of the estimates, and assist in the successful resolution of reimbursement issues.

We posses the required expertise and resources to serve you and your hospital in any capacity. Through our affiliation with Summit International Associates, we are able to offer you an even wider variety of services in the healthcare field. Should you desire consultation and assistance from us that our specific Firm cannot provide, we will provide that expertise to you through our affiliation in Summit International. Because of our affiliation , their expertise is considered our expertise.

We, therefore, have a substantial amount of expertise as part of our professional services team to provide you with the service and expertise that you so desire. All of these resources are available to work on site.

Hansen, Barnett & Maxwell will be your advocate in all matters. We are a locally owned CPA Firm in Salt Lake City, Utah, and we have a large stake in the success of our clients. With our Firm, you will have someone that you will be able to deal directly with and work on projects with. We will be working for you and providing you with constant communication as to the progress of any assignment we might be given. No one knows and understands the federal and state reporting rules and regulations better than our Firm. We are uniquely positioned to aid you in dealing with any and all of the governmental entities to whom you will be providing information. We will be your advocate.

We presently have memberships with the Utah Hospital Association and Healthcare Financial Management Association.

Medicare/Medicaid Cost Reports

In addition to performing the traditional CPA services, our Firm also has the resources to perform additional services such as preparation of cost reports for Medicaid and Medicare intermediaries.

We therefore, have excellent resources in providing for the preparation of the cost reports, consultations on third-party cost reimbursement matters, including the preparation of appeals and assessments of the applicable regulations. We use the latest versions of KPMG Peat Marwick cost report software to enhance our ability to prepare a timely and accurate report. Through this service, we are in an excellent position to offer suggestions to the hospital, as to how they might enhance their reimbursement from intermediaries.

We also have experience in preparing Idaho cost Reports. The cost report consultant we presently use in our Firm, has experience preparing Medicaid reports for two other Idaho hospitals.

As we review adjustments proposed through the audit, we always asses the effect of the proposed adjustment on the cost report.

If you would like to learn more regarding this or another industry that HB&M provides services, please send an email to Preston Eichers.

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©2008 Hansen, Barnett & Maxwell