Health Care | National Practice

Health Care Sector

Sound financial, management and employee functions make quality health services possible.

The health care industry’s complex and varied business models present distinct challenges that are uniquely met by CBIZ’s broad-based service team approach and extensive experience in the industry. We assist your diverse sector with a range of services and professionals who specialize in the business strategy, financial and employee management, reimbursement requirements, risk mitigation, and the many challenges of operating in a competitive and regulated environment.

Financial Services — Meet operational goals and regulatory requirements

Efficient management of your organization’s various financial functions impacts outcomes for your business and your patients. Alongside traditional and routine accounting processes, such as tracking and reporting revenue and cash flow, practices and facilities large and small must deal with the intricacies of revenue assurance, Medicaid eligibility and compliance, private insurance, and government-backed program patient billings.

Learn more about our multifaceted approach, including:

  • Accounting & Tax
  • Deal Advisory
  • Health Care Consulting
  • Hospital & Health Care System Services
  • Litigation Support & Expert Testimony
  • Risk Advisory
  • Valuation

Risk Solutions — Enterprise-wide protection, loss prevention and claims mitigation

Providing quality patient care is your primary focus. Ours is prescribing the right insurance for your practice. From malpractice, workers’ compensation and property exposures to health care reform, cyber breaches and workplace safety, we’ve got you covered. Our in-depth knowledge of the risks facing health care providers and life sciences organizations, coupled with our expertise in loss prevention and claims mitigation, allows us to help clients manage risk across the enterprise. We work with health insurers, hospitals and health systems, managed care providers, physicians and practice groups, senior care, social services, and visiting nurse service organizations.

Learn more here more about our solutions and coverages.

Employee Solutions — Multiple ways to attract, engage, retain and manage your staff

In today’s hyper-competitive talent market, strategic employee benefits solutions can help you attract, engage and retain the top-notch clinical and non-clinical workforce essential for your organization’s success. CBIZ’s consultative approach, cutting-edge HCM technology and broad industry experience can help you mitigate skyrocketing costs while managing HR administration requirements of an engaged employee workforce.

Learn more here about our employee solutions, including:

  • Employee Benefits Consulting
  • Human Capital Management Services
  • Retirement & Investment Solutions**
  • Property & Casualty
  • Talent & Compensation Solutions

Private Equity Advisory — Experienced transactional management to support your financial initiatives

CBIZ Private Equity Advisory adds in-depth knowledge of financial, operational, regulatory and compliance issues to your team. Coupled with our collaborative approach across our comprehensive service lines, we help clients diagnose complex issues and take advantage of opportunities in the health care sector.

Since our most recent article, we have been able to validate further the effect of changes over the past year on published market data sources. While none of us have a crystal ball, we used historical data along with our professional experience to predict where the market data may go in the future. 

The pandemic may have changed consideration of whether healthcare providers use medical office timeshares.

Several converging factors are affecting the healthcare sector, a discussion of which follows.