Financial Management
At RSM McGladrey, we offer the following financial management services:
Cash flow management
Organizations are continually looking for ways to accelerate cash flow, decrease short-term borrowing, reduce the cost of borrowing and increase investment income. Our cash management consulting offers a structured approach to help you maximize your use of cash. We provide independent cash management reviews of your day-to-day operations. During a cash flow management review, your company receives an evaluation of billing and cash receipts activities, disbursements, banking relationships and services, and additional cash opportunities. Long-range benefits of effective cash management include increased control of costs, accounts receivable, accounts payable and investments.
Cost analysis
As reimbursement for health care services continues to decline, providers are increasingly forced to place a high priority on effective management of operating costs. Our consultants provide cost analysis services to help you develop package pricing and determine which functional or departmental areas to concentrate resources to get the most out of your investment. We also assist in prioritizing initiatives to balance cost management with mission fulfillment.
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