Corporate compliance monitorships are on the rise. The U.S. Department of Justice (DOJ) is pursuing compliance with renewed vigor. Updated DOJ guidance on regulations such as the Foreign Corrupt Practices Act (FCPA) is creating more emphasis on companies’ need to incorporate data analytics as part of their internal controls for compliance programs. While many
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Retirement Contribution Limits Increased for 2023
Individual contribution limits for 401(k) plans recently increased to $22,500 in 2023, up from $20,500 in 2022, according to a recent announcement from the IRS. This is one of the cost-of-living increases that taxpayers should consider while planning for 2023. Income ranges to determine eligibility for deductible contributions to IRAs and the Saver’s Credit also
Read MoreReal Estate and Construction Industries’ Growing Cybersecurity Threat
In the last few years, real estate and construction leaders have made great strides to implement new technologies into their regular practices. While these advances have uncovered additional efficiencies, their adoption has created a critical vulnerability: data security. Cyberattacks are on the rise, with a 22% increase in major attacks year over year, according to
Read MoreRecession Readiness – A Focus on Distressed Customers
While you may be focused on your company’s bottom-line, cash flow and liquidity (i.e., your ability to stay afloat) during these uncertain economic times, it is also important to consider how your largest customers may be weathering the storm. Most finance departments have ample experience working with slow-paying customers, but unless you happen to be
Read MoreHealthcare Real Estate Check-Up
When it comes to healthcare and real estate, continued labor challenges and rising inflation and interest rates are now creating financial challenges. While these factors continue to challenge the industry, they also contain opportunities. Let’s take a look at how the market has changed and what could lie ahead. Responding to the industry’s current
Read MoreHow Industry 4.0 Can Fuel Growth Amid Economic Uncertainty
Technology investments can help manufacturers fuel growth as economic headwinds build. Manufacturers have long known about the benefits of investing in Industry 4.0 improvements. As economic headwinds build, business leaders face a difficult choice about how to prioritize capital investments. In many cases, costly, long-term projects will be put on the backburner in favor of
Read MoreProjecting Private Equity’s Interest in Healthcare
Summary 62% of healthcare organizations are planning to pursue a transaction in 2022. Dealmaking is happening more slowly and methodically than in 2021, impacted by more stringent due diligence and a lack of resources. Private investors have a growing interest in hospital systems, which traditionally have
Read MoreCybersecurity Best Practices for Your Organization
According to a study by N-able, managed service providers (MSPs) report that 82% of their customers have seen an increase in attempted cyberattacks since the pandemic. Even MSPs themselves are a target for cyber criminals, which can have wide-reaching impacts on their customers and network of resources if breached. As threats become more prevalent, it’s imperative
Read MoreOptimizing Patient Access: A Checklist
At its core, patient access is about ensuring patients have access to high quality care and information they need in a timely and efficient manner. From a provider perspective, patient access is essential for efficient practice operations, balancing patient demand with clinical resource productivity, managing patient populations and successfully managing value-based contracts. To ensure patients
Read More2022 Year-End Tax Planning for Businesses
U.S. businesses are facing pressure to drive revenue, manage costs and increase shareholder value, all while surrounded by economic and political uncertainties. Disruptions to supply chains brought about by the pandemic have continued into 2022. Inflation and rising interest rates have made the cost of debt, goods and services more expensive and cooled consumer spending.
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