Insights

Stay informed with the latest insights and perspectives from Withum.

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Innovative research in healthcare with advanced digital technology showcasing a global perspective
Audits, Fines and Ransomware: The High Cost of ‘Good Enough’ IT in Healthcare

Healthcare organizations operate in a complex environment; stakes are high and there is no margin for error. Cybersecurity in healthcare is no longer just an IT concern – it directly impacts patient safety, regulatory compliance, and day-to-day operations. Protecting sensitive patient data, ensuring regulatory compliance, and supporting continuous care have never been more important.   When organizations settle for “good enough” IT solutions (systems and support/delivery) that merely meet minimum standards, they open…

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Single Audit Readiness for FQHCs: Where Health Centers Continue to Get Tripped Up

For Federally Qualified Health Centers (FQHCs), single audit readiness—more precisely, readiness for an audit under Uniform Guidance—is no longer limited to the finance department. It is an organization-wide discipline that requires alignment across grants management, reimbursement, accounting, compliance, operations, and governance. Under Uniform Guidance, a non-Federal entity that expends $1,000,000 or more in Federal awards…

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Driving End User Adoption of BI Solutions in Physician Practices

While implementing Business Intelligence (BI) tools is a significant step forward for physician practices, the real value is only seen when end users fully embrace and integrate these solutions into their daily workflows. Driving business intelligence adoption requires a thoughtful approach that addresses both technical and human challenges, ensuring BI dashboards and analytics become indispensable…

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The Power of Business Intelligence for Physician Practices

Physician practices today face mounting pressures, from regulatory changes to shifting reimbursement models and rising patient expectations and competition. Navigating these challenges requires more than clinical expertise…it demands actionable insights drawn from the very data your practice generates every day in the care of patients. This is where a Business Intelligence (BI) strategy comes into…

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cardiology
Case Study: Fair Market Value Analysis of Cardiology Practice Enables Successful PSA/PLA Renegotiation and Margin Improvement

Learn how Withum helped a leading health system successfully implement updated professional service agreements, achieve a 35% margin improvement, and significantly improve alignment with organizational goals. Download a PDF of this case study Executive Summary Withum was engaged by the CFO of a leading health system in the northeast (the “System”) to provide insight and…

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US health policy , healthcare fund , medical research and development concept with green medical research background.
Impending Expiration of the Community Health Center Fund Presents Financial Uncertainty For FQHCs

Section 330 of the Public Health Service Act established the federal Health Center Program. The Health Resources and Services Administration (HRSA) within the U.S. Department of Health and Human Services (HHS) administers the program and grants awards to support health centers providing care to low-income individuals. In 2011, Congress established the Community Health Center Fund…

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