Specialists in the Business of Hospital Based Medicine
FINANCE & CASH MANAGEMENT SERVICES
Services
Did You Know?
Businesses that outsource the management of their accounting and financial activity realize lower costs and improved quality.
ACCA -
General Finance & Cash Management Services helps manage all aspects of the Radiology group’s daily financial activity. HBC works with the group to handle the cash management, payroll, accounts payable and physician reimbursement. HBC’s services in this area include:
- Cash Management – HBC monitors banking activity to ensure adequate cash balances are maintained. HBC provides monthly bank reconciliations to verify the reported cash is consistent with the bank’s records. Transactions outside of lockbox collections are also audited.
- Payroll Processing & Documentation – HBC manages all aspects of the group’s payroll. All Hourly, Salary and Overtime hours are maintained. All payroll deductions are created and tracked. HBC also reviews, audits and verifies monthly, quarterly and annual payroll tax reports.
- Accounts Payable and Physician Expense Reimbursement – HBC evaluates vendor bills and physician expense reimbursements for payment. A group's administrating physician approves all checks for payment. Checks are then sent to the administrating physician for signature and payment.
| Anesthesiology |
| Emergency Medicine |
| Pathology |
| Radiology |