Healthcare
Healthcare CPA and Consulting Services
Healthcare is constantly evolving, and your ability to keep up with the shifting realities of the industry can have a direct impact on the health of your organization.
Don’t go it alone. KSM specializes in helping healthcare organizations – from hospital systems and physician groups to surgery centers and healthcare management teams – tackle complicated challenges and achieve their most ambitious goals.
Healthcare Sectors We Serve
In today’s value-based healthcare environment, providers are under mounting pressure to improve quality and efficiency simultaneously. This has forced many to reimagine their approach as they adapt to meet new government regulations and compliance requirements.
Which is why, now more than ever, you need a partner like KSM on your side. We leverage our accounting, tax, and consulting expertise to help healthcare organizations face the challenges of today – and tomorrow – with confidence. We serve a wide range of organizations across the care continuum, including:
- Hospitals and Health Systems
- Physician Practices
- Ambulatory Surgery Centers and Other Outpatient Centers
- Federally Qualified Health Center Look-Alikes
- Behavioral Health Organizations
- Assisted Living Facilities
Comprehensive Healthcare Accounting and Consulting Solutions
Margin pressures. Strategic and operational challenges. Compliance. The list of concerns can seem unending. The good news? Our understanding of the healthcare landscape goes further. We do more than cover tax and audit needs. We set the stage for healthcare organizations to flourish.
With our team in your corner, your biggest challenges – operating margin pressure, evolving reimbursement models, regulatory complexity, and consumer demands – will become solvable problems. We’ll empower you to provide a higher level of care, earn higher profits, and achieve long-term success.
Avoiding pitfalls, finding cost-saving opportunities, keeping you fully compliant, and helping position your healthcare organization for growth – it’s what our tax professionals do every day. From entity structuring and tax planning to real estate considerations, we help you make informed decisions that support long-term financial performance.
Accurate financial reporting is critical for lenders, boards, and regulators. Our risk-focused audits enhance transparency, strengthen internal controls, and provide confidence in your organization’s financial position. See how our audit approach delivers confidence.
We perform efficient, thorough employee benefit plan audits to help reduce regulatory risk and strengthen governance. Learn how we support benefit plan compliance.
Technology plays a critical role in how healthcare organizations operate and grow. We help you align your IT strategy with your operational goals. Whether you’re looking to enhance your IT strategy, harness AI-driven analytics, or migrate to the cloud, we are here to help. Learn more about our information technology services.
As cybersecurity and compliance demands grow, healthcare organizations must strengthen their control environments. We provide internal audit support, HITRUST readiness and validation, and IT risk assessments to help protect sensitive data and reduce risk. Discover our IT risk advisory capabilities.
When internal resources are stretched, outsourced finance and accounting provides stability and scalability. We support day-to-day accounting, financial reporting, and strategic oversight to deliver timely insights for stronger decision-making. Explore our outsourced finance solutions.
Heightened regulatory scrutiny makes defensible valuation critical. Our specialists provide compliant fair market value analyses to support compensation planning, transactions, and strategic affiliations. Learn more about our healthcare valuation services.
From physician groups and ambulatory surgery centers to hospitals and health systems, our experienced team of healthcare consultants helps organizations improve profitability and efficiency. Our experience working in the healthcare industry ourselves, combined with our passion for innovative solutions, helps keep you ahead of the competition.
- Healthcare Strategy and Planning
- Healthcare Strategic Planning
- Healthcare Market Assessments
- Healthcare Governance Structure Reviews
- Accountable Care Assessments and Strategies
- Federally Qualified Health Center Look-Alike Strategy and Implementation
- Healthcare Regulatory and Economic Impact Review and Analysis
- Ambulatory & Health System Operations
- Ambulatory Care and Physician Enterprise Performance
- Physician Practice Management
- Healthcare Operational Performance Improvement
- Patient Access and Scheduling
- Revenue Cycle Management
- Lean Transformation Process
- Patient Workflow Design
- Health System and Hospital Margin Improvement Opportunities
- Healthcare Service Line Planning and Development
- Healthcare Financial Analysis
- Physician Compensation Design and Implementation
- Co-Management Arrangements
- Managed Care Analysis
- Fair Market Valuation (FMV)
- Healthcare Service Line Portfolio Analysis
- Practice Financial and Operational Assessment
- Health System and Hospital Margin Improvement Opportunities
- Healthcare Mergers and Acquisitions
- Mergers and Acquisitions Strategic Planning
- Transaction Design and Structuring
- Due Diligence (Financial, IT, Operational, Tax)
- Regulatory Impact Analysis
- Merger and Consolidation Assistance
- Benchmarking and Synergy Identification
- Synergy Capture and Post-Merger Integration Planning and Assistance
- Compensation Plan Design and Review
- Valuation Assessments
Engaged With Healthcare’s Leading Associations
KSM’s healthcare professionals actively participate in leading industry organizations, including the American Association of Provider Compensation Professionals (AAPCP), Executive Women in Healthcare (EWHC), Suburban Health Organization, American College of Healthcare Executives (ACHE) of Indiana, Indiana Medical Group Management Association (IMGMA), National Association of Health Services Executives (NAHSE), Indiana Hospital Association (IHA), Neurosurgery Executives’ Resource Value and Education Society (NERVES), and Administrator Support Community for ENT (ASCENT). Our involvement keeps us aligned with evolving healthcare trends, reimbursement changes, physician compensation standards, and health system leadership priorities – strengthening the insight and strategic perspective we bring to healthcare organizations.
Related Healthcare Content
Better Care,
Stronger Margins
Learn how to leverage the Federally Qualified Health Center (FQHC) Look-Alike model.