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Children's Hospitals

Advance Children's Health & Research with BKD's Hospital & Medicaid Expertise

BKD recognizes children’s hospitals aren’t normal hospitals—your specialization touches every part of your organization. Because of your unique status, you face increasingly complex Medicaid requirements and guidelines. Transitioning from cost-based reimbursement to APR-DRGs and managing the growth in Medicaid managed care plans can compound the pressure you feel.

From physicians to regulatory responsibilities, BKD can assist with challenges involving governmental funding, policy changes, and discovering ways to advance your practice through collaboration in quality improvement.

Ready to start the conversation? Contact us.

Time Study Tool

BKD’s time study tool is a mobile-friendly application to help healthcare organizations allocate physician and midlevel costs. We also can assist with other studies, including cost reports, uncompensated care, and organ acquisition.

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Audit & Assurance

Our team of nationally recognized trusted advisors has you covered when it comes to financial statements, foundation audits, Single Audits, and employee benefit plan audits. Let's discuss your concerns and see how we can help resolve your pain points.

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Performance Improvement & Advisory Services in Healthcare

Has your organization experienced the challenges of addressing market shifts, responding to disruptive reimbursement pressures, and operating on reduced margins? You have a vision for improved performance and strategic positioning, and BKD is uniquely positioned to outline areas and actions that can help lead to cost control and revenue enhancement.

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Medicare Cost Report Preparation

You operate in a highly regulated industry facing increasingly complex and evolving reimbursement matters under Medicare, Medicaid, and other governmental health programs. Our reimbursement pros can help!

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Strategic Solutions

To prepare an in-depth strategic plan, providers should start with the demographics and a competitive market assessment. Identifying opportunities for growth in services and consumer needs will help guide the five-year plan. These services include:

  • Renovating and expanding existing communities
  • Adding new campuses
  • Adding affordable housing
  • Adding wellness facilities, restaurants, clinics, etc.
  • Revenue diversification
    • Home-based services
    • Community-based services

If you're looking for an in-depth market forecast for a new project or major renovation, BKD can help. We have extensive experience with helping providers prepare feasibility studies or pro forma financial statements to assist with financing your long-term strategy.

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Tax Services

As your organization becomes more complex, tax risk increases. How well are you managing that risk? Our BKD Trusted Advisors™ can help reduce your burden or take advantage of tax law provisions.

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Value-Based Payment Models in Healthcare

Are you prepared for the future of healthcare payments? Our payment reform team can help you assess various programs, invest wisely, and manage risk as you prepare for long-term financial success.

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Healthcare Private Equity

BKD understands the complexity and importance of portfolio management in the healthcare industry. Our private equity team has the in-depth expertise and experience to assist you in each stage of your investment timeline. Contact us today.

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How can we help you?

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Locations

We have 40 offices in 18 states, with BKD Trusted Advisors™ who offer solutions for clients across the country.

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