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healthcare accounting services

Healthcare Accounting and Advisory Services

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Quality Matters

Quality is vital to maintaining your overall health. Achieving excellence in care is what sets you apart and drives success. Offering a goal-oriented approach, backed by expertise, efficiency and innovation, Withum creates a world full of potential for a life well-lived.

  • Federally Qualified Health Centers (FQHCs) Services

    Federally qualified, medical and community health centers are of a unique subspecialty in the healthcare sector. We provide audit, tax and consulting services to make sure you stay compliant.

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  • Healthcare Systems and Hospitals

    Healthcare systems, hospitals and academic medical centers are implementing innovative accounting and advisory solutions to increase efficiency in their daily operations to grow their bottom line. We show you how to recover lost revenue, strengthen workplace collaboration and increase patient satisfaction.

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  • Physician and Dental Practices

    To guarantee the success of a private practice – you need to ensure a financially strong future for yourself, your practice and your family. We help physician and dental practices with tax structuring, succession/exit planning and practice management to ensure a healthy future for the business and the patients it serves.

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  • Senior Living

    The senior living industry is continuously faced with the challenge of providing the best experience to a diverse population while adhering to the strict provisions of many oversight agencies. We help you meet reporting deadlines and stay compliant so you can continue giving the best patient care possible.

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Quality patient care is what truly matters in today’s ever-changing healthcare society. But, sometimes that focus becomes clouded when you’re struggling to deliver that same level of patient care while managing how to do more with less. Healthcare entities are facing tightened budgets, shrinking staffing pools, changing regulatory standards, value-based billing and M&A activity. These challenges require extra effort to keep the doors open so you can care for your community.

Medical practices partner with Withum’s Healthcare Services Team to help turn challenge into opportunity. Your financial and corporate challenges will be managed head-on by our team ensuring your organization is at the forefront of all healthcare accounting, consulting and tax standards.

Healthcare Industry Challenges and Trends

Affiliations, Mergers and/or Joint Ventures

Consolidation is sweeping the healthcare nation at a rapid rate as systems are looking to grow, reduce cost and improve quality. Simplify this process by letting our team value your business and analyze risk in your future transactions.

Our Solutions

Internal Audit Thumbnail Internal Audit

Ensure you have the proper risk management, governance and internal control processes in place. Whether you qualify for a financial, operation, hospital/healthcare service, information systems or construction audit, we are well equipped to implement a work plan to best suit your needs.

Our Solutions

Revenue Cycle thumbnail Revenue Cycle Gaps

Weaknesses in healthcare revenue cycles can leave dollars on the table for medical facilities administering patient care. Periodic revenue cycle assessments encourage stronger process management and lead to a healthier bottom line.

Our Solutions

Cybersecurity thumbnail Cybersecurity

Protecting your patients’ information is at the core of every healthcare organization. The increase of innovative technology in the healthcare industry offers vast improvements, but also brings along the risk of data to be comprised. Ensure your patients are protected before it is too late.

Our Solutions

Collaboration Thumbnail Collaboration and Efficiency

When everyone works together as a team, you achieve more. But, it all starts with proper communication and awareness of the common goal. Technology helps keep teams in the loop and moving in the same direction to achieve success.

Our Solutions

We provide the resources you need to validate your healthcare processes, guide your reporting procedures and improve the overall care of your patients.

Healthcare Accounting Services

Healthcare Advisory Services

Accreditation and Associations

Withum's Healthcare Services Team is an active member of national and local centers of influence.

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