Healthcare & Medical Practices
Pittsburgh | West Palm Beach | Fort Lauderdale
In the field of healthcare services, much more is at stake than dollars and cents. You need experienced accounting professionals who understand financial performance as one part of the bigger picture. Whether you are just starting out in the industry or you have been practicing for decades, Alpern Rosenthal provides accounting and business advisory services to healthcare clients ranging from individual physician offices to large group practices and hospitals to life sciences companies.
Our Clients Need the Right Answers Today
At Alpern Rosenthal, we are:
- Trusted Business Advisors
- Experienced through Multiple Business Cycles
- Veterans at Navigating Change
- Closely Networked with Bankers, Lawyers, Insurance Agents
- Skilled at Improving Your Bottom Line
- Committed To Your Success
A sampling of healthcare services:
- Accounting and auditing
- Healthcare reform initiatives
- Regulatory compliance
- Revenue cycle services
- Tax consulting and compliance
- Operational consulting
- Strategic Initiatives
Hospitals & Health Systems:
Healthcare has evolved dramatically in recent decades. Today, it requires efficient and effective partnerships between physicians and hospitals. Hospital-owned physician practices and employed physicians require specialized management skills.
Our business advisors at Alpern Rosenthal have been working with hospital-employed and affiliated physicians nationally for more than 25 years. We assist with financial issues, program development, productivity and strategy to ensure that patient care is never compromised.
We have our finger on the pulse of the healthcare industry. Below is a sample of our experiences.
Medical Practices
In addition to accounting, auditing, tax compliance and planning services, our professionals combine a number services specifically designed for medical practices. Just a sample includes:
-
Practice assessments
- Billing and collections assessments
- Operations assessments
- Internal control reviews
- Monthly report, including key performance indicators and routine reporting
- Practice valuations
- Cost modeling
- Assistance with medical practice strategic planning services relating to mergers and separations
- Compensation plan design and implementation
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Employee benefit services
- Review and evaluation of compensation benefit plans
- Pension, profit-sharing plan administration and 401(k) plan
- Preparation of Form 5500
- Monitoring investment results of retirement plans
- Health and welfare benefits consulting
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Personnel Management
- Recruiting administrators/managers and financial personnel
- Review of wages and benefits
- Review of personnel policies
- Financial review of employment contracts
- Performance evaluation assistance
Long-term Care Providers
Alpern Rosenthal recognizes the increasingly significant role of long-term care providers. Our business advisors devote resources to the auditing, accounting, tax, finance, planning, management, and operational issues of assisted living and personal care facilities and retirement homes. The significant experience of our team members enables us to offer creative, cost-effective solutions.
We build strong relationships with you, add value, and improve profitability. This approach ensures that you always have direct access to the leader of your team and the driving force in ensuring that your priorities are addressed in a timely manner and to your satisfaction.
In addition to our traditional services, Alpern Rosenthal offers the following to our long-term care clients:
- Tax strategies (state and local)
- Due diligence and transaction support
- Internal control evaluation
- Assistance with short- and long-term strategic planningDevelopment of internal management reporting systems
- Selection, implementation, and maintenance of management information systems
- Assistance in evaluating financing requirements and obtaining financing
- Human resource consulting and executive search
Association Memberships
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