25000 Country Club Blvd. Suite 255, North Olmsted, OH 44070
440.793.0200

Strong Financial Reporting

Foundations has a team of highly skilled individuals with experience focusing on key operational and financial goals. Our mission is to maximize meaningful information tailored to each company’s needs in order to drive success. Financial statements are produced on time, and the ease of availability and detail promotes the opportunity for immediate operational adjustments. Financial statements can be available starting the first day of the following month.

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Tax Compliance & Reporting

We provide accurate tax return draft preparation, made ready for review by your chosen tax professional, and reconciled to local payroll tax return to eliminate subsequent reviews by local tax agencies.

Foundations WOTC system, which forces every hire to report through the onboarding process, resulted in over $2,000,000 of tax credits for the clients' owners in 2015!

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Purchasing & Cost Management

Foundations has the most robust, and efficient purchasing system in the industry. Heavily vetted vendor selection and formulary management provides clients with access to a network of vendors, products, and services. Automated purchasing, reporting and menu systems take the burden away while saving dollars via approved locked down product selections. We remove the pile of invoices from your desk saving you time and money.

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Benefit Management

Managing benefits and keeping up with ACA, ERISA, and COBRA regulations can take away your focus of hiring quality employees. Solid strategies coupled with winning benefit packages set any employer apart from their recruiting competition. Foundations offers multiple tiered options for health, dental, vision, 401k, and supplemental products. Handling the administration of fully, or self-insured options allows clients to focus on their day to day Human Resource needs.

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Payroll Processing

In the ever growing sea of deductions, garnishments, benefits, and wage differentials, you need an automated solution for payroll processing. Our cutting-edge payroll system has been selectively customized to the healthcare industry. The ability to integrate with individual company standards enables clients to achieve the highest level of employee expectations. System driven parameters reduce inaccuracies, while personalized payroll reports offer the necessary information for appropriate staffing. Our complete and simplified online benefits enrollment process reduces time and eliminates errors while providing employee access to payroll, W-2, and benefit information.

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Operational Management

Foundations provides oversight for healthcare operators tailored to your specific needs. Our team of clinical, HR, risk management, dietary, compliance and maintenance professionals are available around the clock to provide guidance. Our qualified experts have years of experience navigating through the challenges that every long-term care operator faces. Would it not be a relief for you to get back to the basics of caring for your residents? Hand operational management over to us and we will give you that focus back.

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Accounts Receivable & Collections

Foundations' tenacious team of billing specialists want to make sure your accounts receivable is impeccable. Our highly trained Account Receivable Team are experts in all avenues of Medicaid, Medicare, MyCare Ohio and Managed Care collections. Foundations can offer a complete long-term care billing solution, or services as simple as outstanding patient balance collections. Let us dig in to your accounts receivable and help you identify trends that may be impeding your monthly cash flow.

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Integrity

You can be caught off guard if you are not meeting the long list of regulations that seem to change daily in long-term care. Foundations’ Integrity team will structure your compliance program to align with government expectations, in a manner that fits your organization’s unique needs. Integrity keeps clients apprised of current legislative changes and focus areas of the OIG. We are ready to come alongside you in real-life situations; satisfying federal and state requirements, and rectifying issues when problems arise. Put our expertise to work for you.

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Unemployment Management

How much money are you losing on unemployment claims that should have never been approved or made it beyond the first level of appeal? Those numbers can be staggering. Foundations unemployment systems provide an efficient and effective method of administering unemployment claims; through software tracking and reporting. This insight has increased clients’ ability to provide training, correct problem areas and develop an effective disciplinary policy, in order to avoid losing unemployment claims that should never have been approved, or have made it beyond the first level of appeal. As a result, unemployment claims and costs decrease dramatically, mainly due to persistence, education and documentation. In 2015, clients were able to achieve an 86% claims denial rate.

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Risk Mitigation & Management

Foundations incorporates qualified healthcare risk managers to assess, develop, implement and monitor risk management plans to ensure minimizing exposure to various industry hazards. Our goal is to offer the necessary tools and resources to reduce the potential risk to residents, staff, visitors, and the overall organizational structure. Plans include: potential issues with resident safety, potential medical errors, and mandatory federal regulations and policies. Foundations facilitates the development of a comprehensive mitigation plan which minimizes liability and future losses. When issues or lawsuits do arise, Foundations’ risk team works closely with clients & attorneys to achieve the best outcome.

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Workers Compensation Management

Workers’ Compensation premiums are a huge cost to any company's bottom line, however, it is a cost that can be controlled. Owning a large self-insured Professional Employer Organization (PEO) in the State of Ohio allows Foundations to provide a variety of rating options based on your claim story, and to pass that saving onto our clients. We have developed a customized, proactive strategy to reduce your costs and keep them low. Unique, out-of-the-box claim prevention and management templates to save clients significant dollars.

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Customized Programs

Foundations robust information systems and experienced staff can navigate you through any challenge. We cater to each client’s individual taste and needs. Let us know what you need, we’re up for the task.

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Clinical Support Services

Clinically complex, skilled vs. non skilled, RUG scores, RUB, RVB, LOC’s and the acronyms keep on flying – what does it all mean? Foundations prides itself on strong interdisciplinary teams of clinical staff. Our experienced professionals are engaged and focused on providing quality training, education, and resources to ensure you meet regulations while delivering exceptional resident care. Areas of clinical support services includes Quality Assurance, MDS, care planning, nutrition, incident tracking, wound care, restraints, pharmacy utilization, and activities. Our innovative systems and monitoring assures consistent care and services are delivered with exceptional outcomes. Our survey preparedness process resulted in over 20% of the state’s perfect surveys in the 2015.

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CMS & State Regulatory Reporting

Foundations has automated the processes of forms, procedures, and deadlines required by CMS, Medicaid, and the Ohio Department of Health through the most current web-based submission portals available. Notifications to government agencies to make changes to your organizational structure, changes of ownership, licensure renewals, CMS855’s and revalidations are more simplified because we do the work for you. Our desire is to eliminate the paperwork required to get our clients compliant with reporting required changes.

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