Stroudwater Associates Announces Launch of a New Tool to Help Hospitals Improve Accuracy and Payments
The newly updated cloud-based Cost Report Tool will allow for more accurate and timely Medicare reimbursements
PORTLAND, Maine - Feb. 1, 2021 - PRLog -- Stroudwater Associates, the nation's leading source of strategic, operational, and financial strategy for rural, community and county-district owned hospitals, released a new cloud-based tool for Critical Access Hospitals to help with more accurate Medicare reimbursements.
"Critical Access Hospitals are under a tremendous amount of stress when beginning to put together the report to submit to Medicare for reimbursement,"
Stroudwater's Cost Report Tool evaluates the hospital's most recently filed Medicare Cost Report to identify opportunities to eliminate errors and omissions, resolve conflicts, review cost allocation methods, and identify operational and strategic initiatives and/or accounting practices to improve financial performance.
"The Cost Report Tool is the only resource like this in the nation. It identifies benchmarks for hospitals including financial and operational areas of improvement comparing the hospital to best practices of peer rural hospitals based on Stroudwater's experience,"
To learn more about Stroudwater's Cost Report Tool, click here.
About Stroudwater Associates
Founded in 1985, Stroudwater Associates is a leading national healthcare consulting firm with offices in Nashville, and Portland, Maine. We focus on strategic, operational, and financial areas where our perspective offers the highest value for rural hospitals, community hospitals, healthcare systems, and large physician groups. Stroudwater is made up of clinicians, managers, corporate officers, investment bankers, financial analysts, and content specialists with deep domain expertise.
Ashley La Fleur
Page Updated Last on: Feb 10, 2021