A Message to Our Valued Clients

In the interest of public health and the safety of our community, and in compliance with Governor Cuomo’s executive order, Freed Maxick has suspended onsite client work and cancelled all office visits. Meanwhile, our team is working remotely to provide the same high-quality service you have come to expect. Utilizing the best technology at our disposal, we will continue to meet all of your audit, tax, and advisory needs and help you navigate the business implications of the pandemic as it unfolds. You can reach your Freed Maxick representative directly by email or phone, or contact our main line at 716.847.2651.

Healthcare Accounting - Buffalo Rochester CPA
Healthcare Accounting - Buffalo Rochester CPA
Healthcare Accounting - Buffalo Rochester CPA
Healthcare Accounting - Buffalo Rochester CPA

Business Intelligence

Business Intelligence

In a Healthcare setting, cost accounting is used to identify costs down to the patient/resident level. Cost accounting is a method of accounting in which all costs incurred in carrying out an activity are collected and classified on a per unit basis. Business intelligence is a technology-driven process for analyzing information to help organizations make more informed business decisions. Because of this need in the post-acute space, our industry recognized experts developed a Business Intelligence tool to help you gain greater insight from your data.

A greater need to understand costs & profitability

  • Declining payment levels make it critical to understand where money is made or lost
  • Tools for managed care negotiations and new payment models; bundled payments and value based
  • Ability to demonstrate value as an ACOs and systems for services provided within their bundled payments
  • Highlight specifically where cost to care for a patient and service exceeds best practices

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Custom designed HIPAA compliant reporting

  • Tableau® user-friendly reporting+
  • Simple to integrate with existing systems
  • Greater emphasis on self-service analytics
  • Little or no IT support required
*Gartner ranks Tableau® as a leader in the BI & Analytics space for fourth consecutive year