Healthcare
Dean Dorton’s Healthcare Team
Dean Dorton has more than 20 years of experience supporting dental practices with strategic and perational support as well as new practice start-up and implementing best of practice processes. Our primary objective is for your practice to be as profitable as it can be.
Our healthcare team has continued to evolve to help our clients navigate through these issues. We have assisted clients as they face consolidation issues, been their technology advisor, improved their reimbursement through DSH, MDH and revenue cycle management, and provided the strategic thought processes to help their boards develop plans for future success. Our healthcare team consists of audit, tax and consulting professionals and exists both to serve our clients more efficiently as well as to continue to strengthen our industry knowledge. Through our healthcare team, we are able to bring solutions learned from our broad consulting practice to our audit and tax clients.
We are committed to serving the needs of our healthcare clients and are active members in various industry associations. Our staff is encouraged to seek leadership roles in these organizations to add to the educational experience these organizations provide. Our team members are involved in:
- Kentucky Hospital Association
- American College of Healthcare Executives
- Health Enterprise Network
- Kentucky Medical Group Managers Association
- Healthcare Financial Managers Association – Kentucky & Indiana
Dean Dorton’s Healthcare Industry Services
In addition to our core services, Dean Dorton provides comprehensive consulting services for a variety of clients. We specialize in providing unique service offerings that are customized to meet the specialized needs of each client. Our healthcare services include:
- Audits, reviews, and compilations of financial statements
- Benchmarking analysis
- Design and implementation of accounting and management information systems
- Financial feasibility studies and attestations
- Internal audit, compliance, and risk management
- Study and evaluation of accounting and internal control systems
- Cost segregation
- Federal and state tax audit representation
- Identification of tax implications for transactions
- Planning for long-term contract tax regulations
- Tax return preparation (including Form 990)
- UBI analysis
- Accounting software implementation and support
- Business application training
- Electronic Health Record implementation and support
- IT audit and compliance
- Network design and installation
- PCI compliance
- SOC reporting
- Software consulting
- Voice-over-IP (VoIP)
- Technology needs analysis
- Accounting and financial outsourcing
- Affiliation/merger facilitation assistance
- Analysis of billing and collection processes
- Assistance with New Markets Tax Credits
- Board education and development
- CMS calculation of DSH appeal
- Community benefit calculations and analysis
- Community health needs assessments
- Consulting relating executive deferred compensation
- Cost reporting
- Development of financial projections and business plans
- Geographic wage index reclassification
- Healthcare practice valuations
- ICD-10 training
- Interim finance, accounting, and department leadership
- Joint venture planning and implementation
- Managed care contract negotiation
- Market assessments
- Occupation mix survey – facility impact analysis
- Physician coding and revenue optimization
- Physician compensation plans
- Physician practice set-up
- Physician relationship development
- Process improvement
- Reimbursement assistance
- Revenue cycle reorganization
- Risk management and regulatory services
- Strategic planning and implementation