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Healthcare

Achieving a Healthy Bottom Line

Healthcare is one the most challenging industries today, with hospitals and healthcare providers facing high demand for care, labor and talent shortages, restructured payment models and complex regulatory compliance. Our healthcare professionals help healthcare executives, hospitals and medical centers achieve and maintain healthy bottom lines by addressing their most critical issues, improving financial success and saving them time, money and resources. Our team also helps you implement best practices and strategies for running your healthcare business, offering consulting for interim leadership, key performance indicators and internal controls. With more than 65 years of accounting in healthcare experience, our working knowledge of the healthcare practice landscape helps us deliver a full-service approach tailored to meet our clients’ needs.

Multisite Hospitals and Health Systems

Multi-site Hospitals & Health Systems

Medical & Dental Practices

Medical & Dental Practices

Healthcare Executives

Healthcare Executives

HOW WE HELP YOU

Tax Planning and Compliance

Tax Planning & Compliance

We provide healthcare-centered tax consulting that helps minimize the tax impact of your healthcare business operations. We work through the nuances of corporate taxation and provide projections for estimated taxes, deductions and credits for individual physicians. Our tax services offer a full range of strategic support, including tax controversy services, state and local tax, distribution calculations, structure planning and entity choice.

Mergers and Acquisitions

Mergers & Acquisitions

As more private equity groups buy into healthcare practices and independent physicians join together to form combined practices, healthcare executives need experienced, qualified consultants to help them plan for strategic growth. Our healthcare advisory practice advises and assists through every phase of planning and executing healthcare mergers and acquisitions, including buy-in and buy-out calculations, forecast and projections, sell-side quality of earnings and cash to accrual conversions.

Revenue Cycle Optimization

Revenue cycle management is central to any healthcare organization, but operating costs, regulatory changes, scarce resources and reduced reimbursements diminish the effectiveness and efficiency of the revenue cycle. Our healthcare advisors help you assess the gaps and develop a financial management strategy to optimize and transform your revenue cycle. Our approach includes the implementation of artificial intelligence and machine learning to leverage healthcare data for prime opportunities to reinvent your revenue cycle.

Financial Performance Management

Financial Performance Management

When accurately prepared, your financial statements help your healthcare organization see where your financial resources are being spent, analyze overall financial performance health and check for risks. We provide robust assurance services for healthcare organizations that include financial statement audits, reviews and compilations, internal controls assessments and employee benefit plan audits.

Cybersecurity Assessments & Consulting

Protecting patient privacy has become increasingly more critical. Our comprehensive cybersecurity assessments and ongoing support empower healthcare organizations to protect their operations, confidently safeguard sensitive patient data and create processes and programs that go above and beyond to protect your business.

Robotic Process Automation & Digital Workforce

We build a comprehensive digital workforce strategy that combines robotic process automation (RPA) with other intelligent automation technologies to create innovative solutions that maximize your operational efficiency and streamline workflows for clinical operations, revenue cycle, finance and human resources departments, as well as data management.

OUR ADVISORS

Melissa Purvis

Director, Advisory & Medical & Dental Practice Leader

Valerie Barckhoff

Principal, Healthcare Advisory Leader

WB IN ACTION

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