SEK

Healthcare Organizations

Healthcare Advisory

Caring for Your Financial Health

In the rapidly evolving healthcare sector, providers face a multitude of challenges, from escalating costs and dwindling reimbursements to regulatory shifts and staffing shortages. SEK stands ready at the forefront, offering seasoned financial, operational, and reimbursement guidance to healthcare organizations. We help our clients bolster efficiency and manage care costs without compromising quality. Our expertise spans a broad spectrum of healthcare organizations, including:

  • Hospitals
  • Skilled nursing facilities
  • Federally qualified and rural health care centers
  • Health systems
  • Continuing care retirement communities
  • Home health care organizations
  • Mental health organizations, including service centers and supporting associations

Comprehensive Services for Healthcare Excellence

Delivering an array of services tailored to the specific needs of healthcare organizations, we assist our clients in achieving their strategic objectives:

Compliance & Assurance Services

  • Audit and AssuranceGain confidence with independent, thorough audits and assurance services.
  • Compliance Testing for Federal Grants and Tax Consulting: Ensure adherence to federal grant requirements while optimizing tax strategies.
  • Tax Planning and Compliance: Navigate the complexities of tax obligations with strategic planning and compliance.
  • Payroll Processing and Reporting: Simplify payroll with our comprehensive services.
  • HIPAA Compliance Monitoring: Stay ahead of compliance requirements with vigilant monitoring.
  • Medicaid and Medicare Cost Report Preparation: Ensure accurate and compliant reporting.
  • Reimbursement Consulting: Maximize your reimbursement strategies for financial stability.

Financial & Operational Consulting Services

  • Cost Control Studies: Identify and implement strategies to streamline expenses.
  • Consulting on Financing Issues: Navigate financial challenges with expert guidance.
  • Operations Consulting: Enhance operational efficiencies across your organization.
  • Strategic Planning and Feasibility Studies: Craft and execute forward-thinking strategies.
  • Employee Benefit Plan Design and Administration: Attract and retain top talent with tailored benefit plans.
  • Financial Forecasting and Budgeting: Plan for the future with accurate and insightful financial projections.
  • Business Valuation: Understand the true value of your healthcare institution.
  • Merger & Acquisition Advisory: Navigate complex transactions with confidence.
  • Revenue Cycle Management: Streamline billing processes for optimal revenue generation.
  • Financial Reporting: Gain insights with thorough financial analyses.

Staying Connected

Our team is deeply involved in key local and national healthcare organizations, including LeadingAge PA and Allinial Global’s Healthcare Community of Practice. These affiliations not only keep us current with industry changes but also enrich our services with a wealth of resources and continuing education focused on long-term care and healthcare industry advancements.

Empowering Healthcare Institutions for Tomorrow

At SEK, we're partners in your mission to deliver exceptional healthcare. By aligning our comprehensive suite of services with your institution's goals, we empower you to navigate the challenges of today's healthcare landscape confidently. Contact us today to learn how our expert advisory services can help your organization thrive in an ever-changing healthcare environment.

Team Leaders

Client Testimonials

  • Tri-State has utilized the services of SEK since 2006. These services have consisted of audits, accounting consultation, cost reports, 990s, and other tax form filing requirements. It is a pleasure working with the SEK staff in our environment of complex Federal and State regulations and reporting requirements. Our accountant and his team make this process easier for us with their support while maintaining reasonable rates. They are very knowledgeable, professional, and thorough. SEK is our choice for all of our accounting and auditing needs and we would highly recommend them for our industry and any other.

    Sheila DeShong

    COO
    Tri-State Community Health Center
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