• bookkeeping tailored specifically for home health agencies

• monthly financial statements (P&L, balance sheet, cash flow)

• bank and credit card reconciliations

• setup of a home-health-specific chart of accounts

• general ledger cleanup and catch-up bookkeeping

• revenue recognition aligned with Patient-Driven Groupings Model (PDGM) and payor rules

• posting/reconciling deposits from Medicare Administrative Contractors (MACs), Medicaid, Managed Care Organizations (MCOs), and Private home care agencies

• A/R aging by payor (if available)

• identification of old or at-risk receivables

• explanation of adjustments

• denials and delayed cash flow review

• audit-ready financial organization

• recommendations for documentation that supports financial records

• separation of duties and fraud-prevention controls

• organized records

‍ ‍(non-legal, non-clinical)

We help keep your books organized so year-end reporting is smoother.

• expense categorization and documentation

• trial balance support and bookkeeping tie-outs

• clear reporting to assist your cost report preparer

• audit-ready financial organization

Note: We do not prepare or file Medicare cost reports at this time.

Gain visibility into cash flow patterns and reimbursement timing.

• categorizing deposits by payor type when identifiable

• tracking reimbursement timing trends

• visibility into adjustments, recoupments, and takebacks (as reflected in deposits)

• financial reporting that supports cash flow awareness

We work with home health agencies to set up strong financial foundations, including accounting systems, bookkeeping structure, payor-specific revenue tracking, and audit-ready organization. Specifically:

• consultation on entity type

• EIN & basic business tax account guidance

• accounting system setup (QuickBooks Online, etc.)

• chart of account designed for home health agency

• payor-specific tracking categories (Medicare, Medicaid, MCOs, Private pay)

• bank feed connection and rules setup

• basic financial policy templates

• training session on:

  • reading financial statements

  • month-end close basics & checklist

  • first-month bookkeeping or review (optional add-on)

  Note: Services relate to financial setup and bookkeeping structure only.

We provide the expert oversight and reconciliation to ensure your financial statements are accurate and compliant.

We do not currently provide payroll processing or billing services, but we’re happy to coordinate with your vendors in these areas for accurate reporting.