If you have two consecutive audits showing an operating loss, Bureau of Primary Health Care policies require you to be placed under a Financial Recovery Plan process. We can assist you in preparing the Financial Recovery Plan and meeting the reporting requirements.
Because being under a Financial Recovery Plan can be a two year process, you might want to consider having us intervene the first year you have an operating loss. Avoiding a second consecutive year of loss can save you significant reporting restrictions and get your clinic turned around more rapidly. With increasing restrictions on who can apply for additional funding, avoiding a Financial Recovery Plan can keep you eligible for needed additional funding.
Contact us after your first audit with an operating loss for a no cost initial assessment of your situation.