A Financial Partner for Hospice Organizations

Empowering Hospices with Strategic Financial Management and Compliance Support

Navigating the complex financial landscape of hospice care requires specialized expertise and a deep understanding of the industry’s unique challenges. At Universal Bookkeeper, our dedicated fractional CFO services for hospices are designed to ensure your organization maintains financial health, stays compliant with ever-changing regulatory requirements, and optimizes operational efficiency. We handle everything from cash flow management to strategic financial planning, so you can focus on providing exceptional care to your patients and families. Let us help you streamline your finances and support your mission where it matters most.

Hospice-Specific Services

Comprehensive Financial Planning & Budgeting

  • Tailored financial strategies to align with your hospice’s mission and goals.
  • Detailed budgeting to ensure efficient use of resources.

Compliance and Regulatory Support

  • Expertise in Medicare and Medicaid regulations specific to hospice care.
  • Ensuring timely compliance with all Cost Report Preparation throughout the year.

Cash Flow Management

  • Strategies to optimize cash flow and ensure financial stability.
  • Proactive planning to avoid cash shortages and manage expenses effectively.

Cost Management and Efficiency

  • Identifying and reducing unnecessary costs without compromising care quality.
  • Implementing best practices for financial efficiency.

MVI Reporting

  • Report preparation following MVI guidelines and best practices.

 

Are We The Right Fit For You?

We work best with Hospice Leadership who are mission driven, tech-savvy, and focused on building a better business.

Our ideal clients value engagement throughout their journey, knowing that the right guidance and tools lead to lasting growth and profitability.

icon-checkmark You Care About Doing Things Right
icon-checkmark You Value Expert Guidance
icon-checkmark You’re Open To Technology
icon-checkmarkYou’re Ready To Grow
What Our Hospice Clients are Saying
Mary Bogdan
CEO - Hospice & Palliative Care, Inc.

“Working with Universal Bookkeeper has been a very positive experience.  Justin and his team are precise, efficient, and have saved Hospice & Palliative Care both time and money.  They are readily available should I have questions and have assisted me with all aspects of bookkeeping and accounting. I would highly recommend their services.”  

Kendall Johnson, LMSW
Executive Director Hospice & Palliative Care of Chenango County

We have been clients of Universal Bookkeeper for 6 years.  Justin, Beth, and their team help our small Healthcare organization manage our finances in a way that allows us to put all of our focus on the quality of the care we are providing to our community. All of the staff at Universal Bookkeeper are…

Have Questions? We've Got Answers.

When should I outsource my accounting?

As a hospice leader, you have a lot on your plate and managing the financial reporting and accounting of the organization can feel like a daunting task, especially if there is not a lot of experience or depth.  Outsourcing can effectively free up your time while ensuring that your finances are managed accurately and efficiently.  The sooner that you fill the accounting void and establish a consistent routine in your financial reporting and analysis the quicker you will be able to allocate your time back into the growth of your organization.

Imagine never having to worry about financial reports being completed because of an absence or vacancy in your team.  The staff at Universal Bookkeeper have been trained in hospice specific accounting functions that are particular to the industry and have a proven process for ensuring financial deliverables in a timely manner.

What other hospice specific support do you offer?

The hospice industry has very specific reporting requirements that Universal Bookkeeper is well versed in to be able to support your organization.  Beyond accounting, accounts payable management, and budgeting our services include the following areas of support:

  • Medicare Cost Report support and coordination
  • State Cost Report support and coordination
  • Medicare CAP Report preparation
  • Audit preparation and coordination
  • Finance Committee representation
  • MVI Benchmarking reporting