Q: Why Blackmor CPA?

A: To Get it Done

Blackmor, CPA takes your accounting and bill-pay off your ‘To-Do’ list and moves it to your ‘To Done’ list

With our Financial QAPI Tier, we help home health, palliative and hospice care Directors gain confidence in their numbers, their accounting team, systems, and processes as a bolt-on additional internal audit department. While many accounting departments do a fair job of presenting data or cash-basis closing, we make sure our financial reports and commentary turn raw data into full-accrual information. That’s the Blackmor CPA difference.

Besides our Financial Overview & QAPI Tier, for larger partnerships we offer our MSO (Managed Services Organization) in the form of fully-outsourced virtual back office month-end closing & financial reporting. We coordinate your internal functions into a single source of truth system. We standardize the accounting steps from start to finish to deliver your financial statements accurately and on time.  Every time.  We’ll also make sure your systems are properly aligned to maximize what you’re getting with what you already have—EMR/patient management system, payroll system, donor system, and any other operational or financial systems.

Q: Why Hire Experienced Team?

A: To Cover Your… Risk

Agencies need a team member with senior role depth (i.e. billing/AR, AP, Payroll) and a CPA-level understanding of FASB’s GAAP both healthcare and NFP as well as Medicare Cost Reporting requirements. We tailor our processes, our chart of accounts, and our reporting formats to comply with Department of Health and Human Services and CMS/Medicare required reporting but also intuitively make sense to clinical leaders and governance.

That way, whether you meet with your managers, finance committee, or your board of directors, you’ll never feel unprepared or unsure about your financial position. We make the following commitments to our clients:

  • Information – You will always know the financial picture of their organization

  • Accuracy – Your reports will be materially accurate

  • Standardization – You will follow intuitive and consistently organized reports relying on our shared industry-wide standardized Chart of Accounts

  • Timeliness – You will know when to expect your reports

Industry Expertise: Post-Acute Health

The Blackmor CPA team has worked with 75+ hospice, palliative, and home health agencies since 2009, which collectively amounts to an equivalent of thousands of month-end closings and prepared financial statements.

Blackmor, CPA Founder and President Aaron Blackmor is a licensed CPA (SC/NC) who has a Bachelor’s in Accounting and Master’s in Information Technology, combining a great love of numbers with a passion for IT systems and processes. Prior to heading Blackmor, CPA, he managed a Division of Multi-View, Inc. working under Andrew Reed, and has also served as Chief Financial Officer of Richmond County Hospice. Aaron also has consulting and auditing experience across telecommunications and oil & gas, having worked with companies like ConocoPhillips, Exxon, Verizon, Windstream, and Lucent in OS400, SAP, and other legacy data and BI consulting projects.

Outsourced Accounting Options

Oversight Tier

Similar to an internal audit vs. an external audit — our Oversight Tier is QAPI for your finance department. We tackle the full scope of the Finance department, aligning the GL and chart of accounts, EMR, Payroll and Donor systems in one project push. We also assist agencies in system transition work and following a solid implementation checklist.

Long-Term Accounting Solutions

When our clients team up with us for the long haul, they surpass their peers at more than double the profit margin of the industry median and the same or slightly lower finance labor costs—including the cost of our services. That’s why the average long-term client sees increasing ROI the longer we work together: not only are they saving money, but with accurate and timely accounting information, they also make better management decisions.

Short-Term Solutions

We also recognize that sometimes you just need someone to “pinch hit” for your team. Whether it’s a leave of absence or a turnover in a key position, we can help fill in the void of a CFO vacancy on a short-term basis. We call these ‘Emergency Triage’ services as these situations often arise from a ‘Time is of the Essence’ catastrophe or unexpected termination and may require significant onsite presence over a short duration to prevent damaging leadership vacuums.

The cost of a bad hiring decision, particularly in a ‘C-level’ position, is many times the person’s annual salary leavings further scars that can last for years. Let us buy you time by filling in so you can take the time needed to recruit for your next key leadership position.