your advisor for Healthcare

Elliott Davis helps healthcare organizations strengthen operations, adapt to regulatory change, and pursue sustainable growth through integrated tax, audit, and consulting services.

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Advisory that balances business with patient care.

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In an age of rising costs, reimbursement challenges, changing technologies, and eroding operating margins, healthcare organizations are under pressure to continuously evaluate and monitor their operations and financial performances. Elliott Davis services each healthcare organization with a team of professionals that are dedicated to the healthcare industry in each of their respective service disciplines.

Our Healthcare team is comprised of former practice executives, practice professionals, hospital CFOs, controllers, and other professionals with operational experience across a variety of medical settings. Let us help you manage your business challenges and industry complexities so you can focus on patient care.

our customers

Dental
Behavioral Health
Infusion
Hospice & Home Health
Other Healthcare Businesses

Dental

We serve dental practices of all sizes, including emerging groups and established dental service organizations (DSOs). Our team supports growth strategies, acquisitions, regulatory compliance, and financial reporting, with professionals who bring firsthand experience operating and selling DSOs.

Behavioral Health

We work with behavioral health organizations across a range of care models. Our team helps address complex reimbursement structures, regulatory oversight, and financial reporting requirements.

Infusion

Elliott Davis serves infusion clinics operating at the intersection of innovation, regulation, and capital investment. We support organizations across development and commercialization stages to address financial reporting, tax planning, and operational scalability, informed by a deep understanding of healthcare regulatory and business model complexity.

Hospice & Home Health

Elliott Davis helps hospice and home care organizations manage complex regulatory, tax, and operational requirements across multiple jurisdictions. Services include tax planning and compliance, guidance on tax-efficient operating structures, and support related to HIPAA compliance and private equity activity, helping providers meet oversight demands while staying focused on patient care and growth.

Other Healthcare Businesses

Elliott Davis also serves regional and multi-state hospitals and health systems; physician practices; therapy providers including physical, speech, and occupational; labs and ancillary services; healthcare IT organizations; specialty practices such as medspas, allergy, and ENT; and longevity and wellness clinics.

industry wins

Transforming a growing pediatric DSO into a scalable, private equity-ready platform

Doubled valuation target after exceeding goals

A nine-location pediatric DSO built a unified, data-driven operating model by aligning finance and operations around clear EBITDA targets. With centralized services and performance visibility, the organization improved margins and doubled its valuation target.

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Transforming financials for a multi-location healthcare practice ready for sale

Sale-ready positioning achieved with reduced transaction risk

A multi-location healthcare practice transformed financial uncertainty into structured, investor-ready reporting by implementing segmented financials and KPI-driven insights. With improved visibility and reduced risk, the organization became a marketable, sale-ready business.

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opportunities to serve you

Technology

Outdated systems, technology gaps, and weak cybersecurity increase exposure to cyberattacks, compliance failures, and operational disruption, raising the risk of financial loss, reputational damage, and challenges meeting HIPAA privacy requirements.

We help strengthen systems, data governance, and cybersecurity to protect sensitive information, reduce risk, and support reliable, compliant operations.

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Technology

Operations

Operational inefficiencies and rising costs reduce the ability to make data-informed decisions and achieve financial and operational goals. Margin pressure and integration challenges can delay performance improvements and restrict investment capacity.

We help deliver stronger financial management and post-acquisition planning to drive efficiency, margins, integration, and resource allocation.

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Operations

Tax & Regulatory

Weak tax planning and compliance gaps reduce cash flow and restrict reinvestment. Increasing regulatory demands heighten exposure to financial penalties, administrative burden, and reputational risk, especially across HIPAA, ERISA, IRS, and FDIC oversight.

We help improve tax planning and regulatory compliance to preserve cash flow, reduce risk, and manage administrative burden while meeting regulatory requirements.

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Tax & Regulatory

Human Capital

Difficulty attracting and retaining talent and gaps in workforce structure can impact quality of care and financial performance, increasing the risk of burnout, integration challenges, and missed performance goals.

We help align workforce strategy and structure to support performance, reduce strain on teams, and improve execution.

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Human Capital

Innovation

Constrained capital, operational inefficiencies, and pressure to modernize without disrupting care or exposing sensitive data put organizations at risk of financial and reputational loss. 

We help mitigate that risk by improving efficiency, accelerating digital transformation, strengthening forecasting and execution, and modernizing pricing, delivery, and customer experience.

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Innovation

how we can help

We work closely with you to understand your goals, design tailored strategies, and deliver measurable results across audit, tax, and advisory services.

STEP 1

Connect

We engage directly with your team through active listening, regular touchpoints, and deep business insight to align on priorities and long‑term goals.

STEP 2

Strategize

We analyze insights, challenge assumptions, and bring together cross-functional expertise to develop practical, customized strategies grounded in your business realities.

STEP 3

Transform

We execute with discipline, implement solutions, and continuously refine performance to drive meaningful change and deliver measurable, sustained results.

Healthcareinsights

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frequently asked questions

How can healthcare organizations improve financial performance without disrupting patient care?

Healthcare organizations can improve financial performance by strengthening revenue cycle management, aligning operational workflows with financial data, and reducing inefficiencies. A focused approach helps leaders make faster decisions, protect margins, and reinvest in care delivery.

What are the most common compliance risks for healthcare organizations?

The most common risks include gaps in HIPAA privacy and security controls, inaccurate billing or coding, and failure to keep pace with new federal and state regulations. Proactively assessing these areas reduces exposure to penalties, audits, and reputational damage.

What should healthcare organizations look for in an audit and advisory firm?

Organizations should look for firms with deep healthcare experience, knowledge of regulatory requirements, and the ability to connect audit, tax, and consulting insights. A curated approach helps address financial reporting, compliance, and operational challenges together.

How can healthcare organizations prepare for private equity investment or a transaction?

Preparation typically involves strengthening financial reporting, aligning operational performance metrics, evaluating compliance readiness, and validating revenue sustainability. Clear, reliable data builds confidence with investors and supports stronger valuations.

How can technology improvements reduce risk and improve healthcare operations efficiency?

Upgrading systems, improving data governance, and strengthening cybersecurity controls help protect sensitive patient information while enabling more reliable reporting and decision-making.

What tax strategies are most important for healthcare organizations?

Effective tax strategies focus on preserving cash flow, structuring entities efficiently, and maintaining compliance across jurisdictions. Proactive planning helps avoid penalties and supports reinvestment in operations.

How can healthcare organizations manage growth across multiple locations or services?

Successful growth requires standardized financial processes, consistent reporting, and clear integration planning. Organizations that align systems and operations early are better positioned to scale efficiently while maintaining quality of care.

What challenges do healthcare organizations face with workforce strategy?

Healthcare organizations often struggle with staffing shortages, burnout, misaligned workforce structures, and outdated or fragmented technology. Addressing these challenges involves improving human capital planning, modernizing and integrating technology, clarifying roles, and aligning staffing models with financial and operational goals.

How can healthcare organizations adopt innovation while staying compliant?

Organizations can pursue innovation by prioritizing secure, compliant technology adoption and aligning new initiatives with regulatory requirements. Balancing modernization with privacy and security considerations allows organizations to innovate without increasing risk.

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