Business Details
46 Years
experience
Trusted Healthcare Accounting & Consulting Services in Hauppauge, NY
HMM & CO. has been a trusted partner in healthcare accounting and auditing since 1980, serving over 70 facilities across New York State. Our team of Certified Public Accountants combines deep financial expertise with specialized knowledge of the healthcare industry's evolving regulatory landscape. We provide personalized service, with every project overseen by firm principals who bring decades of experience in reimbursement matters, strategic planning, and compliance. Our commitment to excellence is demonstrated through our peer-reviewed status with the American Institute of Certified Public Accountants and our active role in shaping industry standards. We specialize in serving proprietary, not-for-profit, and governmental healthcare facilities, offering tailored solutions to enhance profitability and operational efficiency.Our expertise extends to Medicaid rate appeals, CCRC financial modeling, HIPAA compliance, and grant application submissions. With a focus on proactive fiscal advisory services, we help clients navigate complex financial challenges while maintaining strict adherence to regulatory requirements. Our team's intimate understanding of healthcare accounting practices and state laws ensures clients receive actionable insights that drive informed decision-making. As a firm with over 40 years of dedicated service, we continue to adapt to industry changes while maintaining our core values of integrity, reliability, and client-centric service. Our proven track record of representing 1 out of every 10 nursing home beds in New York State underscores our position as a leader in healthcare financial services.
Services
Accounting and Auditing
Tax Services and Planning
401(k) Pension Audits
Strategic Planning
Reimbursement Matters
Financial Modeling
Medicaid Rate Appeals
CCRC Financial Modeling
HIPAA Compliance
Grant Applications
Details
- Year established: 1980
Highlights and features
- We offer 40+ years of specialized healthcare accounting expertise
- Our team includes Certified Public Accountants with healthcare compliance specialization
- We provide personalized service with principal-level oversight for every client
- Our firm actively participates in shaping healthcare financial regulations
- We deliver actionable financial insights tailored to healthcare providers' unique needs
Associations and certifications
- American Institute of Certified Public Accountants (AICPA)
Services
Accounting and Auditing
Our comprehensive accounting and auditing services ensure healthcare facilities maintain accurate financial records and regulatory compliance. We conduct thorough examinations of financial statements, internal controls, and operational procedures while providing expert guidance on accounting standards specific to the healthcare industry. Our team delivers actionable recommendations to improve financial health and operational efficiency.
Reimbursement Matters
We specialize in navigating complex healthcare reimbursement systems including Medicare and Medicaid reporting requirements. Our experts help facilities optimize revenue cycles, resolve payment disputes, and ensure compliance with evolving reimbursement regulations. We provide strategic guidance on rate appeals and documentation requirements to maximize financial returns while maintaining compliance.
Strategic Planning
Our strategic planning services help healthcare providers develop data-driven growth strategies and financial projections. We analyze market trends, operational metrics, and regulatory changes to create customized roadmaps for sustainable growth. Our approach combines financial modeling with industry-specific insights to support informed decision-making and long-term success.
CCRC Financial Modeling
We provide specialized financial modeling for Continuing Care Retirement Communities, helping facilities plan for long-term financial sustainability. Our models incorporate actuarial projections, regulatory requirements, and market analysis to support strategic decision-making. We help clients develop pricing structures and reserve strategies that ensure financial stability across all service levels.
HIPAA Compliance
Our HIPAA compliance services help healthcare providers establish robust data protection frameworks that meet federal requirements. We conduct comprehensive risk assessments, develop customized compliance programs, and provide staff training on privacy protocols. Our approach ensures facilities maintain patient data security while avoiding costly regulatory penalties through proactive compliance management.
Questions
What healthcare accounting services do you offer?
We provide comprehensive accounting, auditing, tax planning, and consulting services specifically for healthcare facilities including reimbursement compliance, financial modeling, and strategic planning.
Do you specialize in any particular healthcare sectors?
We specialize in long-term care facilities, nursing homes, assisted living programs, and continuing care retirement communities across New York State.
How do you handle Medicaid rate appeals?
Our team provides expert guidance through the Medicaid rate appeal process, including documentation preparation, regulatory compliance checks, and representation in appeal proceedings.
Can you help with HIPAA compliance?
Yes, we offer comprehensive HIPAA compliance programs including risk assessments, policy development, staff training, and ongoing compliance monitoring tailored to healthcare providers' specific needs.
What strategic planning services do you provide?
We develop customized strategic plans using financial modeling, market analysis, and regulatory forecasting to help healthcare providers achieve long-term sustainability and growth objectives.