Case Study

Cherry Bekaert Streamlines Organizational Structure of Patient Assistance Provider

April 15, 2019

Situation

A large patient assistance provider with more than $750 million in annual revenue sought enhancements to finance, audit and compliance committee charters and accounting policies with an objective of providing clarity on responsibility and authority of committee members. The organization also desired to eliminate conflicts and overlapping responsibilities.

Cherry Bekaert’s Guidance

Cherry Bekaert held discussions with key members of management and the board, researched and referenced resource documents, researched industry guidance and best practices, and provided a detailed list of observations and recommendations for each document and policy under review.

Result

The organization achieved clarity of responsibilities and eliminated duplicative or unnecessary policies and procedures.