Sage Intacct for Health Care: HIPAA Compliance in the Cloud

Sage Intacct for Health Care: HIPAA Compliance in the Cloud

Your health care organization has unique requirements when it comes to financial management. Like other businesses, you need robust accounting software to increase efficiency and manage growth. Unlike other businesses, however, you must safeguard sensitive patient information to comply with HIPAA.

Thankfully, there’s Sage Intacct, HIPAA-compliant healthcare accounting software. With Sage Intacct, health care organizations have been able to:

  • Shorten their monthly close.
  • Slash project and department reporting from days to minutes.
  • Increase cash flow.
  • Save on staffing costs.
  • Reduce person-hours.
  • Gain confidence in HIPAA compliance.

Compliant to the Core

Sage Intacct’s Advanced Audit Trail ensures the software’s security safeguards have been certified as HIPAA- and HITECH-compliant by Avertium (formerly Sword & Shield), and Sage Intacct is willing to enter into a business associate agreement with eligible health care clients. In addition, Sage Intacct is the only health care accounting software endorsed by the AICPA and Health Care Financial Management Association Peer Reviewed.

Automated Financials for Multi-Entity Organizations

Have multiple locations or multiple entities? Save time and improve accuracy with Sage Intacct:

  • Use a shared chart of accounts.
  • Perform instant and continuous consolidations.
  • Centralize payables.
  • Eliminate manual processes for payments and intercompany accounting.
  • Gain greater insights across business lines and locations.
  • Improve staff productivity and avoid additional headcount.

Real-Time Insights with Dynamic Dashboards

Turn data into insights with Sage Intacct’s intuitive dashboards and reports. The software gives you real-time visibility into every metric and KPI that matters to your health care organization, like profitability per location, treatment, CPT code, or physician.

With Sage Intacct, you can:

  • Create consolidated financial statements or summary rollup reports at any time, not just at month-end.
  • Avoid Excel headaches and easily see the health of your practice or facility.
  • Get consolidated views and drill down to details.

Beyond the basics

Sage Intacct includes additional features and flexible add-on modules — such as multi-entity and global consolidations — to automate and streamline your financial processes even more:

  • Dynamic allocations
  • Spend management
  • Project accounting
  • Sales and use tax
  • Fixed assets

Plus, you can easily integrate Sage Intacct with best-in-class solutions like Fortis, Stampli, Tipalti, and MineralTree — or create unique solutions perfect for your individual needs with built-in tools.

Kernutt Stokes, the Company to Call

The team at Kernutt Stokes understand the unique challenges of health care finance, from multiple entities to HIPAA compliance. And as a Sage-certified partner, we have the expertise to design, implement, and support a custom software solution that meets your specific needs — whether you’re a solo practitioner or have multiple locations. Don’t wait to get started; contact us today for a free consultation.