Sullivan & Company provides full-service accounting, tax, and business advisory services to the Health Care industry.

Health Care

A significant portion of Sullivan & Company's time and talent is focused on the health-care industry. As a highly regulated industry, dependent on cost-based third-party reimbursement, our health-care clients are serviced by individuals who possess a high level of technical proficiency in their field. We begin to train our staff when they enter our firm in the technical requirements and complexities of the industry. This enables them to provide the best possible service to our clients.

Our clients are health-care providers, including nursing facilities, retirement centers, assisted-living facilities, community health-care centers, residential programs for the developmentally disabled, and home-health agencies. Many of these institutions have a not-for-profit mission and are tax exempt health-care providers.

We consider ourselves to be information resources to our health-care clients. We conduct seminars and training programs as major policy and reimbursement issues arise, and we provide updates on minor policy changes.

We have a long-standing tradition of lending our support and expertise to the trade associations that represent the health care industry. We have assisted these associations in developing a database to monitor industry trends, assisted in negotiations with the State of Rhode Island and testified at public hearings on issues affecting the reimbursement of nursing facilities.

Our health care department is devoted to ensuring that our clients receive individualized service and are provided with the best possible advice and support so that they may realize their goals. Our staff is dedicated and has unsurpassed expertise. We believe these qualities and our commitment to our clients is what distinguishes our firm from others in the industry.

Health Care Advisory Services include:

Assistance in establishing new subacute units in both hospital and nursing facility settings, including the development of the strategic plan, assistance with information needed to market the unit, and the rate submission to Medicare

Assistance in setting up new Medicare services, including cost-saving techniques, maintenance of appropriate statistics, and billing and reporting formats to maximize reimbursement

Assistance negotiating labor contracts

Assistance in the development of assisted living unit/projects, including cost allocation, cash flow projections and assistance obtaining financing

Assistance with buy/sell transactions and valuations of health-care facilities

Assistance with short- and long-range planning

Development and expansion of rehabilitation services and assistance negotiating related contracts

Preparation of Certificate of Need and Transfer of Ownership applications and representation before the Rhode Island Department of Health

Preparation of operating budgets, cash flow analyses and projections

Rate appeals and negotiations with Medicaid, Medicare, Veterans Administration, and other third-party providors

Training of client personnel, including general bookkeeping, Medicare billing procedures, and the maintenance of necessary statistical information to maximize reimbursement

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