Healthcare: Hospital Internal Audit Services

BlumShapiro offers effective and efficient internal audit solutions to hospitals and other acute care providers. Our team has extensive experience in providing internal audit services to clients in the healthcare industry as well as in providing financial statement audit and consulting services. Based on our knowledge and experience in your industry, we are able to assist you in reviewing your operations and obtaining the information you need to make meaningful management decisions.

The scope of our work is tailored to your needs and agreed upon before we begin our work. We can assist you in:

Identifying organizational risk areas and developing/executing a related audit action plan
Resolving operational and/or financial reporting weaknesses in key areas
Addressing risks that support the external financial statement audit
Identifying opportunities for improvements in operational as well as financial functions
Implementing the monitoring function of your corporate compliance program
Special projects

We have expertise in auditing the full range of your business operations, including:

Compliance

Comparison of organization practices against industry benchmarks
Medical records documentation, coding, and billing process assessments
Employee training program assessments
Assessment of cost allowability determination processes

Charge capture

Assessment of controls processes in major charge capture areas (emergency department, out patient clinics, pharmacy, etc.)
Management reporting tools and approaches
Internal metrics

Admissions