Finance and Accounting

<h1>Healthcare Finance - Healthcare Accounting - Healthcare Support Services</h1>

With the rampant mergers and acquisitions in the healthcare industry, finance and accounting is one function that needs immediate focus. Partner with us and leverage the experience of Anthelio to streamline and reduce your cost structure through strategic financial planning. Anthelio helps healthcare organizations plan and analyze mergers, acquisitions, affiliation and divestiture transactions. Anthelio provides quality assurance and analytics resources that focus on continuous revenue cycle, and finance and accounting improvement.

 Anthelio's broad spectrum of Finance and Accounting Shared Services include,

  • Accounts payable - Provision of end-to-end processes from vendor invoice processing, PO verification, three-way matching, payment files, checks, wire payments, vendor query handling and account reconciliations.
  • Travel and expense reimbursement - Anthelio helps organizations with employee travel and expense/entertainment claims, claim audits before reimbursement and spend management.
  • Fixed asset accounting - Anthelio provides services such as recording of asset purchases, asset register maintenance, depreciation calculations and accounting entries in financial systems of record.
  • Account reconciliations - The accounts include vendor accounts (vendor books to client book reconciliation), client accounts and bank accounts.
  • Order Entry and Invoicing – Anthelio helps organizations maintain customer records and offer them online access to a customer's status at order entry time. The invoices for products or services provide sales analysis reports.
  • Accounts receivable - Provision of end-to-end processes from soft payment reminders, collections including collection calls to payers and focus on aging claim reduction, dispute management and resolution, to client account reconciliations, payment receipt (cash) posting and applications. Drive down accounts receivable aging, increase cash collections and improve days in accounts receivable. Also, lock box management.
  • Monthly closing - Anthelio helps an organization with the closing of the monthly accounting cycle, the closing of sub ledgers (like payables and receivables), and the preparation of trial balances.
  • General ledger processing - This is same as the monthly closing services, except that there is more focus on extracting and number crunching.
  • Payroll accounting - Anthelio provides payroll account processing support, reconciliations, accruals, and payroll journal entries.
  • Interco accounting - When necessary Anthelio offers intercompany services related to parent-subsidiary businesses, mergers and acquisitions.
  • Financial reporting - Anthelio supports the preparation of financial statements including profit and loss statements and balance sheets.
  • Budgeting support – Anthelio provides support in the preparation of capital, revenue, and project budgeting.
  • Taxation support - This includes tax planning, tax return preparation support (prior to filing), tax research, and tax table maintenance