MVI Partners Clients Show Returns 5.9% Above Median
The last thing we want to hear from our clients when we recommend one of our products or services is “We didn’t know MVI offered that!” We try not to over-promote our services to our clients, but we also want to keep the balance of making sure you are aware of all of the services that are available to you. This type of education is part of our customer service mission!
MVI Partners generally falls into the category of being “under-promoted” because as an ultra-specialized service we can only take on a limited number of Partners clients. We are publishing this information now because we currently have capacity for 1 more Partners client.
What does MVI Partners do?
Whether a Hospice is for profit or not for profit, large or small, MVI Partners can be your virtual accounting department, provide financial leadership, or additional resources to a financial leader, allowing her/him to focus on other high priority financial areas.
The Model, management financial tools, and in-depth Hospice knowledge supply key analytical components to assist you in your day-to-day decision making, while MVI Benchmarking measures your Hospice’s performance against others in your area, state, region, or nationwide.
Whether it’s a long-term relationship or just on an interim basis, Partners can provide the following services:
- Timely month-end and year-end closing
- Accounts payable
- Financial statement preparation and delivery
- Monthly submission of financial data to MVI Benchmarking
- Management of chart of accounts
- Cleanup of accounting processes
- Maintain and update F9 reports
- Maintain and update MVI Management Application
- Training replacement staff on best practices
When compared to other Hospices*, MVI Partners clients experience lower finance costs (0.76% below the median) and higher net operating margins (5.90% above the median), making MVI Partners a very wise choice for the financially conscious organization. (Comparative data from MVI Benchmarking as of June 2015.)
To learn more about MVI Partners, give us a call at 828-698-5885 or Click Here to send us an email. We will schedule a time for an assessment to determine if this service is the right fit for your organization.
