SEK
Healthcare Professionals

Industries

Industries / Healthcare Professionals

SEK has over 50 years of experience offering financial consulting services for the healthcare industry. Our in-depth knowledge of the industry and its unique challenges gives us an opportunity to offer targeted services to our healthcare clients.

Accounting and Consulting Services

  • New practices/new physicians
  • Practice startup assistance
  • Cost segregation study
  • Financial model of cash needs
  • Buy/sell agreements
  • Income distribution formulas
  • Entity selection and consulting
  • Free schedule development
  • Budgeting for financing and to ensure appropriate capitalization
  • Employment agreements
  • Non-compete provisions

Ancillary Service Development

  • Review of opportunities for ancillary services/departments
  • Accounting and reporting revisions for ancillary divisions
  • Cost/benefit analysis of proposed ancillary services
  • Development of income distribution methodology for ancillary revenues

Compensation/Benefits

Revenue Optimization/Cost Containment

  • Practice management and operations support
    • Assistance with set-up and recruiting
    • Practice performance reviews
    • Workflow improvements
  • Billing and collections review
  • Financial and statistical analysis, including benchmarking for industry/specialty comparisons
  • Fee schedule analysis
  • Analysis of practice costs, including comparison of practice expenses to industry averages

Compliance Consulting/Fraud Prevention

  • Assistance with compliance programs (HIPPA)
  • Internal control review
  • Fraud examination
  • Litigation support services

Wealth Maximization

How Our Clients Benefit

  • Financial expertise from advisors who are well-versed in tax law
  • Information you can understand through reports tailored to your needs
  • Affiliations with national associations, including the Healthcare Financial Management Association and Allinial Global’s Healthcare Community of Practice

Contact Us to Schedule a Consultation