New Orleans Chapter: From Code to Cash: The Financial Lifecyle of Healthcare Services
UNO College of Business Admin
Kirschman Hall
2000 Lakeshore Drive, Room 137
New Orleans, LA
70148
2.00 Credits
Member Price $0.00
Non-Member Price $75.00
Overview
Our June 19th session will feature Trish Thibodeau, CPA who will give us an update on the financial lifecycle of healthcare services.
The healthcare industry presents a distinct business model that CPAs must understand to provide meaningful financial guidance. Revenue is primarily driven by third-party payors such as commercial insurers, Medicare, and Medicaid, rather than direct patient payments. Key performance metrics—like payer mix, days in A/R, and cost per encounter—offer insight into financial health, while complex regulatory frameworks, including Government Auditing Standards and healthcare-specific reporting requirements, demand specialized attention. A typical primary care visit showcases the intricate flow from service delivery to revenue collection.
In today’s environment, healthcare providers face a range of challenges, including workforce shortages, rising costs, and political uncertainty. These issues are compounded in Louisiana, where a significant portion of the population relies on Medicaid, placing pressure on reimbursement and operations. The aging population further increases demand, while supply chain constraints add to financial strain. For CPAs, a solid grasp of these industry dynamics is essential for effective auditing, advisory work, and ensuring long-term financial sustainability for healthcare clients.
Non-CPA staff, student, and candidate affiliates are invited to attend at the member rate (free).
Leader(s):
Leader Bios
Patricia Thibodeau, Senior Manager, Audit and Assurance, LaPorte CPAs & Business Advisors
Trish Thibodeau has been practicing public accounting since 2008. She provides audit and consulting services to a variety of clients, including employee benefit plans and healthcare, nonprofit, and public sector entities.
Trish is a member of LaPorte's Employee Benefit Plan Services Group. She has experience auditing a variety of employee benefit plans, including 401(k)s, 403(b)s, and defined benefit plans.
Trish is also a member of the Healthcare Industry Group. She has served on LaPorte's hospital service district and health system audit engagements. Trish's services include managing financial statement audits, testing for compliance in accordance with Government Auditing Standards, and assisting in the preparation of financial statements.
Trish's primary public sector experience includes performing audits and single audits of governmental healthcare entities and school boards. She applies Government Auditing Standards and measures and reports on compliance with applicable laws and regulations. Trish is a member of the Public Sector Industry Group.
Non-Member Price $75.00
Member Price $0.00