Senior Living & Long-Term Care

Looking to achieve greater financial and operational excellence? Let us help you reach your goals today.

As the aging population continues to grow and providers face new and complex challenges, how will you manage the looming workforce, service delivery, and/or financial challenges?

FORVIS has a dedicated Senior Living & Long-Term Care team with deep industry experience and technical resources that provides services for organizations across the entire post-acute spectrum. We apply our financial, operational, clinical, reimbursement, and strategic insights to create solutions that help providers adapt to change with minimal disruption.

From our beginning at the inception of Medicaid and Medicare to our now modernized, forward visionary practice, FORVIS proudly services the following provider types:

Skilled Nursing Facilities (SNF)
Continuing Care Retirement Communities (CCRC) / Life Plan Communities (LPC)
Assisted Living Facilities
Intermediate Care Facilities
Hospital-Based

As you are committed to excellence, we too are committed to providing you an Unmatched Client Experience® through an uncommon commitment to excellence – and that’s how together we can help you drive care forward.

Assurance

Knowledge of your business is more important than ever with the increasing complexity of financial reporting needs. FORVIS auditors are experienced in the senior living and long-term care industry and have a deep understanding of the reimbursement and common issues that providers face. We can help you with your audit, accounting, and assurance needs, including Single Audit.

Tax

FORVIS annually prepares thousands of tax returns for various types of businesses, trusts, and tax-exempt entities. We also provide a variety of tax planning and advisory services.

Advisory

FORVIS’ senior living and long-term care professionals have the experience, and deep technical resources to help guide you on financial, reimbursement, operational, and strategic matters tailored to your organization’s unique business and regulatory environment. Our focus is on driving value and results that can help improve your operations and residents’ experiences and outcomes.

FORVIS advisory and consulting services include:

Medicare & Medicaid Cost Report Preparation & Compliance
Medicare & Medicaid Reimbursement Payment Strategies
Revenue Cycle Management
Outsourced Billing & Recovery
Prospective Reporting & Financial Feasibility
Managed Technology Services, Including Software Hosting, Implementation, & Support
Strategic Planning, Including Identification & Implementation
Performance Improvement & Revenue Optimization
Clinical & Operational Assessments
Patient-Driven Payment Model Assessments & Training
Grants Management
Internal Auditing & Internal Controls
Enterprise Risk Management
Cybersecurity & IT Risk, Including HIPAA & HITRUST Certifications
Transactions & Due Diligence
Mergers & Acquisitions Advisory Services
Forensics, Investigation, & Litigation

Digital Solutions

The senior living and long-term care industry is flooded with data. However, data without context is neither valuable nor actionable.

FORVIS believes valuable data should be able to help you execute strategies and drive meaningful change. Our team strives to provide clients with the right information at the right time. We leverage our experience in data analysis to create powerful, technologically advanced data visualization products, models, and dashboards that can quickly and intuitively help users understand and analyze complex data sets. In addition, our tools and checklists include best practices that can be incorporated into daily operations.

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