CFO Network is an Essential Partner for Plaintiff’s Attorneys in Nursing Home Litigation
CFO Network is a recognized leader in providing critical financial and accounting research and analysis to plaintiff’s attorneys nationwide. We bring to the table a keen understanding of our role, deep expertise in the industry, high impact capabilities and a practical, no-nonsense approach to our work making CFO Network a powerful ally.
Solutions
Ability to Pay Assessment
At CFO, we have seen numerous cases where a defendant will end up conceding or losing on issues of "guilt" and fall back on an argument that they simply can not pay. This is a difficult position for a plaintiff's attorney who does not have the resources to pour through the volumes of financial data and to challenge the numbers. CFO specializes in determining where the money is going, who can pay, and how much
About
CFO Network is an essential partner to plaintiff’s ...
Litigation cases involving nursing home neglect and abuse are becoming exponentially more complex in terms of accounting and financial issues. Nursing home operators are employing complex tactics to strip out the value from their operations to avoid liability exposure. It is no longer sufficient to simply prove the case. To be successful in this environment plaintiff’s attorneys must comprehend the array of accounting, financial and corporate structural complexities that they face in order to prove
Articles & Insight
Nursing Home FACTS takes unprecedented look at expenditures
LITTLE ROCK, Ark. (January 28, 2009) - Nursing home financial data, long known to be exhaustive and cumbersome in nature, just got much simpler, thanks to a new financial tool available through the CFO Network of Little Rock. Nursing Home Financial Analysis Consulting Tool Suite (Nursing Home FACTS) is a database and query engine that contains the Medicare cost reports of over 17,000 nursing homes and can be used for providing analysis and transparency of