HEALTHCARE

Healthcare reimbursement models are growing increasingly complex, and manufacturers must ensure their pricing and billing strategies align with payer expectations to optimize cash flow. By working with our team of experts, you can refine your approach to reimbursement to ensure timely and accurate payments from government programs and private insurers. We offer strategic insights that help you streamline your billing processes and minimize compliance risks, ensuring that your financial operations remain robust even in a shifting healthcare landscape.

Are your cost accounting practices aligned with value-based care models? With the healthcare industry shifting toward value-based care, manufacturers need more precise cost accounting systems to ensure they are reimbursed appropriately under new payment models. Our specialized advisory services help manufacturers allocate costs accurately, including variable costs linked to patient outcomes and quality measures. By implementing activity-based costing and refining your financial reporting systems, we enable you to stay compliant with evolving payment structures while optimizing profitability. Understanding the full cost of delivering value-based care can help you maintain financial stability in a competitive marketplace.

Is your healthcare manufacturing business leveraging all available tax incentives? Healthcare manufacturers often overlook available tax credits, such as R&D tax credits or the domestic production activities deduction (DPAD), which can offset operational expenses. Our team specializes in tax planning for healthcare manufacturers, ensuring you maximize tax credits and incentives, while ensuring compliance with evolving tax laws. Whether you’re developing new medical devices or improving manufacturing processes, our strategic tax advisory services help you retain capital for reinvestment and remain competitive in a cost-sensitive industry.

Expanding your healthcare manufacturing operations globally presents unique challenges, from navigating foreign tax structures to ensuring compliance with international healthcare regulations. Our global advisory services guide you through the complexities of cross-border financial reporting, international tax strategies, and healthcare law compliance. By structuring your international operations effectively, you can reduce risks, minimize costs, and position your business for successful market entry in regions with high growth potential.

The healthcare sector is a prime target for cyberattacks, which can compromise sensitive financial and patient data. As a healthcare manufacturer, safeguarding both your operational and financial information is paramount. Our cybersecurity and financial risk management services help you implement robust data protection systems, comply with HIPAA and other regulations, and mitigate risks associated with cyber threats. We also work with you to create contingency plans, ensuring your business can quickly recover from any potential security breach without significant financial damage.

Is your financial reporting aligned with FDA and international regulatory standards? The medical device industry is tightly regulated, with complex rules surrounding product classifications, safety, and efficacy reporting. Our advisory services help healthcare manufacturers navigate the regulatory landscape by aligning their financial reporting systems with FDA, ISO, and other international standards. From accurate revenue recognition for device sales to compliance with cost accounting for research and development, we ensure that your financial statements remain transparent, consistent, and fully compliant, avoiding costly fines or penalties.

Is your financial system ready to support digital transformation in healthcare manufacturing? As healthcare manufacturing embraces digital technologies—from AI and IoT to automation and cloud computing—the need for integrated financial systems becomes more crucial. We help healthcare manufacturers transition to digital accounting platforms that provide real-time insights into cash flow, production costs, and profitability. Our advisory services ensure smooth integration of financial systems with operational technologies, streamlining reporting and improving decision-making. By modernizing your financial infrastructure, you can drive greater efficiency, reduce manual errors, and enhance overall profitability.

With rising costs in raw materials, energy, and labor, healthcare manufacturers must find innovative ways to maintain profitability. Our cost reduction advisory services help identify inefficiencies in your manufacturing process, from supply chain optimization to streamlining production workflows. By implementing lean manufacturing principles and negotiating better supplier contracts, we help you reduce waste, lower production costs, and increase operational efficiency—all while maintaining high-quality standards that ensure product safety and compliance.