[3698] Outsourcing Your Back Office
Which scenarios make the most sense to outsource the accounting function of the agency and much more.
Presentation Info:
- TAHC&H 53rd Annual Meeting | Round Rock | Rich-Media Capture | On-Line, On-Demand Access
- Presentation Date | September 1, 2022
Education-Training Credits:
- TX HCSSA Administrator/Alternate Continuing Education
CE Approval Statements:
· This program meets continuing education requirements
for Administrators and Alternates under Texas HCSSA licensing regulations.
HCSSA Topic(s) Addressed:
- §558.259[d][4]agency responsibilities
- §558.260[a][3]basic principles of management in a licensed health-related setting
- §558.260[a][7]financial management
Program Description: Many agencies are looking for more and more ways to trim the expenses from their overhead and
therefore recognize a stronger bottom line profit. One significant cost savings they take advantage of is outsourcing work that can easily be outsourced while
leaving the owners and operators in control of their businesses. There are many back office functions that can be outsourced such as payroll, billing and QA – but
accounting is an often overlooked back office function that can also be easily outsourced to provide the agency a better bottom line, reduced administrative
staff costs and less back office management needed. Not only can this be a cost savings but it can also really simplify the operations – less staff to manage
and knowing that someone who is skilled at that activity is handling it.
In this session we will discuss which scenarios make the most sense to outsource the accounting function of the agency, how it works and what
solutions are out there to assist in finding the right mix of outsourcing the work but still maintaining control.
TAHC&H Faculty/Presenter(s): Amy Knight, CPA; Knight CPA Group
About the Presenter(s):
Amy Knight is a CPA, originally from Oklahoma and now based in Austin, Texas
with over 20 years experience almost exclusively in home health and hospice. Her CPA firm, Knight CPA Group, has extensive experience with all
financial issues pertaining to home health, hospice and other healthcare providers including cost reporting, accounting & payroll issues that are specific to healthcare providers.
[3698] Outsourcing Your Back Office
