Healthcare Services

Who's Monitoring Your Vital Signs?

You’re passionate about the health and wellness of your patients. At Blackman, we are passionate about the health of your organization. 

The experienced professionals within our national Healthcare Services Group identify opportunities and key risk areas for healthcare entities such as medical groups, hospices, home healthcare agencies, hospitals, blood centers, continuing care retirement communities, nursing homes and long-term care facilities, dental groups, Federally Qualified Health Centers, associations, and ambulatory surgical centers.

The professionals in our Healthcare Services group partner with your team to implement effective solutions to meet critical business goals.

  • Efficient financial statement audits, reviews and compilations to fulfill your compliance and governance responsibilities
  • Strategies to reduce your overall tax liability
  • Fraud risk assessment
  • Internal control reviews for newly acquired or satellite hospitals
  • Physician compensation plans and reviews
  • Determination of eligibility for the Medicare and Medicaid Electronic Health Record Incentive Program; Medicaid cost reports
  • Healthcare entity business valuation
  • Due diligence on potential acquisition or recapitalization

Assessing Key Concerns and Providing Actionable Next Steps

Working closely with your leadership and accounting teams, as well as industry analysts, we help answer acute questions – specific to your unique organization – such as: 

  • Are your key performance metrics at or below industry averages?
  • Will your hospital’s accreditation review uncover a weak or inconsistently applied corporate compliance plan?
  • Can your hospital or physician’s practice qualify for federal awards based on your investment in electronic medical records?
  • Can you make more money as part of a dental practice management company, or are you better off with a traditional practice model?
  • What controls could protect your hospice or long-term care practice from fraud?
  • For which federal tax credits does your life sciences company qualify?

Getting to the Heart of Fraud 

The healthcare industry is particularly vulnerable to fraud for a variety of reasons. 

The Association of Certified Fraud Examiners found that Healthcare is in the top five industries in terms of fraud occurrence and impact.* This is why our Health Services team  includes not only CPAs, but also CFEs.

Consolidation can often lead to a lack of close scrutiny at the individual entity level, which creates a perception that there’s no one minding the store. The unpredictable nature of insurance reimbursement, coupled with weak controls, also creates an environment where fraud can occur and divert an organization’s already over-extended resources. 

We know the fraud risks that plague the healthcare revenue cycle, and we can help you identify gaps in your current control structure to reduce those risks.

Learn More

To work with an advisor who understands healthcare and the related risks impacting the industry — from the front end to the back end — contact:

 *Source: Association for Certified Fraud Examiners "2010 Global Fraud Study"


This publication is part of Blackman Kallick’s marketing of professional services, and is not written tax advice directed at the specific facts and circumstances of any person and/or entity. Contents of this publication are of a general nature, and you should not act on this information without obtaining professional advice from your business advisor that is appropriately tailored to your individual needs and circumstances. This written advice is not intended or written to be used, and cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code.