Health care continues to be under the microscope from practitioners, policymakers, insurers and employers. Rising health insurance costs, Medicare/Medicaid issues, and stricter regulations and legislative policies, along with increasing demands for providing the highest-quality care, are tough issues health care organizations face. You can rely on the insights of our industry specialists, who have a broad range of experience assisting clients with the complexities of these and other issues, to identify strategies for helping you save time, money and resources.
Grant Thornton's business advisory, tax and audit professionals have extensive experience serving a broad spectrum of growth-oriented health care organizations. Let our professionals help you take full advantage of profitability opportunities, minimize tax obligations, and maintain compliance with a broad range of regulatory requirements.
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Health care as a business is changing dramatically. Effective governance is more important than ever, but what are the best governance features at leading health care systems? Dr. Lawrence Prybil, principal investigator of Governance in USA’s Largest Nonprofit Health Systems, and Anne McGeorge, national managing partner of Grant Thornton LLP’s Health Care practice, recently sat down to provide insight into the current state of governance practices at some of the leading health systems in the United States.
In this issue of PhysicianRx, Bob Wilson, managing director in Grant Thornton's Health Care Business Advisory Practice, outlines four essential principles that have proven to help achieve success for an organization getting into the physician practice ownership and management business.
Amid the continuing economic uncertainty, financing options that were readily available to health care organizations in recent years have grown more limited. This paper offers a number of suggestions for restoring rigor and discipline throughout health care business sector, outlining proactive steps to prepare for what could be a slow economic recovery. Topics covered include: financing options; recognizing signs of financial distress; and planning for the worst-case scenario.