The healthcare industry continues to be highly regulated and dependent on third-party reimbursement through a variety of pricing models. At Sullivan & Company, our healthcare professionals know the industry inside and out. Given the ever-changing regulations, reporting and funding guidelines, we stay abreast of federal and local requirements and advise our clients on changes in the works.
We assist a wide array of healthcare organizations including skilled nursing facilities, home-health organizations, long-term care facilities, retirement communities, and programs for the developmentally disabled. Many of these institutions have a not-for-profit mission and are tax exempt healthcare providers.
The CPAs on our healthcare team offer both short-term and long-range planning. We provide advice on financing and other general business matters that impact our clients' overall operations and stability including guidance with operating budgets, projections and forecasts.
We successfully advocated for clients in the course of audits performed by regulatory and funding agencies, initiating rate appeals and negotiations with funding agencies where needed. As vigorous advisors for our clients, we are recognized for our ability to resolve conflicts at all levels and create synergies for the greater good.
Our professionals are also integral members of local healthcare organizations such as LeadingAge Rhode Island, the Rhode Island Health Care Association, and the Rhode Island Assisted Living Association ... to name a few. In fact, we have a long-standing tradition of lending our support and expertise to the trade associations that represent the healthcare industry. In fact, we have assisted in the development of a database to monitor industry trends and testified at public hearings on issues affecting the reimbursement of nursing facilities.