Complex and uncertain regulatory requirements, an aging population needing increasingly expensive clinical and drug therapies, looming cybersecurity threats, ever-evolving payor models and the need to leverage large data sets for decisions are just some of the drivers disrupting the U.S. healthcare system. Many stakeholders are staying relevant by facing these disruptive forces head-on through new clinical and operating models, mergers and acquisitions, horizontal and vertical integration and partnership strategies.
Riveron partners with stakeholders to identify opportunities and implement solutions to optimize both clinical and non-clinical operations. We understand the evolving challenges of healthcare organizations, and drive positive transformation that allows businesses to be able to continue delivering the best care possible while growing the bottom line. Our focus on healthcare’s operational complexities, regulatory requirements, reimbursement methodologies and transaction services allow us to bring proven and practical capabilities to each engagement.
Key healthcare areas we serve include:
- Hospitals and healthcare systems
- Healthcare delivery providers
- Payors and health plans
- Products and life sciences
Riveron experts explain how CECL will affect the healthcare industry and what companies should keep in mind as they transition to the new standard.
Three considerations for hospitals, healthtech companies, and industry providers when evaluating the accounting and financial reporting implications of new arrangements.
U.S. healthcare operators, regardless of size or specialty, face increasing pressure to reduce costs while maximizing revenue and cash flow in an already complicated system. Outdated controls, disparate IT systems and complex processes for patient interaction, coding, billing and reimbursement make it difficult to identify and implement change. The increased scrutiny on patient outcomes, safety and satisfaction, along with increasing labor, medical supply and drug costs only make the task of running a successful healthcare business more challenging.