During the last decade, healthcare marched to the forefront of the national political debate as soaring costs were decried by business owners, employees and politicians alike. The passage of the Patient Protection and Affordable Care Act of 2010 is not likely to end the discussion, since its full impact will not be known for years. No one debates the fact that government regulation has increased and will continue to dominate the industry.
Regulation, and its resulting effect on reimbursements, ultimately influences every healthcare provider. When regulations limit or substantially reduce reimbursements, providers face the classic problem of having to do more with less. With in-depth industry knowledge, including understanding of the regulatory environment and its implications, the experienced professionals of BDO’s Healthcare practice combine proactive guidance with industry perspective to help you minimize the impact of new regulations. Our professionals provide swift resolution of technical issues and questions through partner-led client service teams, direct access to technical leaders, and the resources of our global network in more than 100 countries. In addition to assurance and tax services, BDO can help you with a full array of services including due diligence, valuations, billing and reimbursement, HIPAA consulting, operational consulting, and physician and hospital relationships.
And as many healthcare organizations are tax exempt, we leverage our experience working with nonprofit and governmental entities to assist our healthcare clients. From Government Accounting Standards, OMB Circular A-133 audits, and experience with OMB Circulars A-21, A-87, A-110, A-122, to federal acquisition regulations, we have extensive experience serving nonprofit hospitals, nursing homes and residential care facilities, including planning and performing the compliance test work required by these audits.