With over 17 years of experience in home health and hospice, Tom and Tom have earned an impeccable reputation across the following suite of services:

Medicare Cost Report Analysis & Preparation
Considered the “Cost Report People”, Boyd and Nicholas bring more than 40 years of expertise in cost report preparation, including experience working at an intermediary. Home health and hospice clients receive a completed cost report, compiled documentation, financial benchmark data and a summary of key observations. Furthermore, Boyd and Nicholas will correspond with the intermediary on behalf of clients. Note that Boyd and Nicholas also provides cost report preparation for Adult Day Care and Skilled Nursing Facilities.

CFO Outsourcing
Outsource the Chief Financial Officer function to Boyd and Nicholas, and leverage the experience and expertise of top advisors in financial planning and implementation.

Accounting
Call on Boyd and Nicholas for all aspects of agency accounting, from setting up the chart of accounts through financial statements and ongoing bookkeeping.

Due Diligence
Because of their extensive financial expertise, Tom Boyd and Tom Nicholas are often selected to provide due diligence services by both buyers and sellers. Boyd and Nicholas will conduct a comprehensive assessment across agency business operations, with emphasis on historical financial performance and regulatory issues.

Interim Cost Report Analysis
Boyd and Nicholas offers an enhanced Cost Report service, which includes quarterly Cost Report analysis and valuable financial benchmarks. We compare your data to your prior history, and to state and national information. This is an effective and proactive way to manage your organization’s financial health all year long.

Operational Review
Boyd and Nicholas will review all aspects of an agency’s financial department, including general ledger, accounting staff, workflow efficiency, and technological capabilities. Upon completion of this review, management receives a summarized document outlining a series of recommendations to yield proper financial information that will support timely and appropriate business decisions.

Experience the difference
Large enough to provide the assistance clients need, yet small enough to care, Boyd and Nicholas is a firm providers can trust. In fact, their clients return again and again simply because they genuinely enjoy working with Tom Boyd and Tom Nicholas.

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