Healthcare

long term care providers | nursing homes | assisted living facilities continuing care retirement communities | senior housing

We are always confident that Gross Mendelsohn gives us a complete and accurate audit.

Mary Schwartz | Administrator | Wicomico Nursing Home

With healthcare rules and regulations changing almost daily, it can be tough to keep up and still operate a successful long term care organization. You deal with reimbursement, financial and tax compliance, Medicare and Medicaid cost reports and technology as you try to increase profits and reduce costs.

Wouldn’t your life be a little easier if you could tap into healthcare industry experts with a proven track record in these critical areas? It’s helpful to surround yourself with advisors who really know the long term care environment and understand the challenges you face. Gross Mendelsohn’s Healthcare Group can be that kind of resource for you.

Gross Mendelsohn has a proven track record serving long term care providers such as skilled nursing centers, assisted living facilities, continuing care retirement communities, senior housing, and community-based health clinics. We work with both for-profit and nonprofit healthcare organizations.

Gross Mendelsohn’s Healthcare Group can help your long term care organization with financial statement audits, Medicaid and Medicare cost report preparation, cost report review and analysis, Medicaid reimbursement consulting, employee benefit plan audits, HUD audits, internal control evaluations, reviews and compilations, tax planning and tax return preparation, business valuations, budgeting, cost analyses, technology consulting, mergers and acquisitions consulting, investment management and cost segregation studies.

In addition to financial statement audits, reviews and compilations that satisfy grantor, lender, government or other requirements, we can perform agreed-upon procedures, assess internal controls and recommend improvements to controls and operating procedures, resulting in enhanced accuracy and peace of mind.

We can also design internal reporting systems that provide the right information at the right time for smart decision making.

For nonprofit long term care providers

Nonprofit long term care organizations can tap into our specialized nonprofit expertise. From Form 990 preparation to unrelated business income tax to planned giving, we work closely with executive directors, CFOs and controllers, and boards of directors to meet these needs.

For-profit long term care providers

In addition to preparing the required tax forms, our Healthcare Group works with CEOs, administrators, CFOs and controllers of for-profit organizations to take advantage of tax planning strategies such as multi-state tax planning, cost segregation studies, and entity selection. We’ll also advise you how to take advantage of government tax incentives and credits.