Healthcare

Healthcare providers face a myriad of non-medical issues that can determine the success or failure of their enterprises. Regulatory, operational and financial challenges abound in the healthcare and medical industry. To ensure business success, clients must wrestle with complex and bureaucratic healthcare payment systems, Medicare and Medicaid issues, advancing medical technology and stringent compliance requirements resulting from a heightened regulatory environment.

Teaming with an experienced professional service firm can be critical to effectively dealing with the evolving nature of the healthcare arena. Cherry, Bekaert & Holland has specialized teams of accounting and consulting professionals that focus on healthcare and medical clients on a daily basis. We know the healthcare industry and can bring valuable insight and experience to our clients. We can provide practical solutions for your business problems, as well.

• Audit and accounting services
• Operational controls
• Corporate compliance support
• Internal audit outsourcing
• Tax planning & structuring
• Mergers & acquisitions
• Benefits plan design
• Financial and business analysis
• Revenue cycle improvement
• Reimbursement services
• Accounting software consulting
• Business valuation services
• Cost segregation studies
• Strategic planning
• Disproportionate Share Hospital (DSH) consulting

Industry Experience

Healthcare services are a major component of our national economy and an important focus of the CB&H network. To best serve this sector, our professionals that specialize in serving healthcare and medical clients have formed the CB&H Healthcare & Medical Sciences industry group. In addition to a core group of experienced accountants and consultants that cater directly to this industry, CB&H employs a team of experienced professionals with practical knowledge working with specialized healthcare entities.

Healthcare and medical organizations served by the CB&H Healthcare & Medical Sciences industry group include:

• Health systems
• Academic medical centers
• Hospitals
• Third party administrators
• Managed care organizations
• Integrated service networks
• Skilled nursing facilities
• Home healthcare providers
• Independent care facilities
• Physician practices
• Continuing care retirement communities

With experience serving over 250 healthcare providers, CB&H is a leading professional service firm providing value-added financial, operational and strategic advice to healthcare clients.

Given this position in the market, CB&H has created enduring relationships with our clients steeped in trust, continuity and value. Our service orientation focuses on the changing and vital needs of our clients; therefore, we have developed a spectrum of specialty services for the healthcare industry across our regional footprint.

Industry Commitment

Our healthcare professionals have the proper educational background, professional credentials, ongoing training and practical experience to effectively counsel our clients in this dynamic operating environment.

Recognized in published articles and on the lecture circuit, our professionals stay at the pulse of the healthcare sector. We monitor legislative and administrative changes on Capitol Hill and at the state houses to enhance our clients’ decision-making process. Members of our firm have testified before congress and served on federal and state regulatory and advisory committees. We actively support a number of healthcare and medical trade and business organizations throughout the Southeast, including the Healthcare Financial Management Association (HFMA), the Medical Group Management Association (MGMA), and numerous statewide hospital and nursing home associations.