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Our unique approach to behavioral health clients’ needs combines not-for-profit and healthcare experience that includes reimbursement, audit and tax specialists, forensic accountants and management consultants.
Focusing on providing superior patient services
At Baker Tilly, our team of Value Architects™ and experienced professionals have a combined 85 years of experience working with more than 2,000 not-for-profit and for-profit organizations, including:
- Mental health
- Substance abuse
- Rehabilitation
- Psychiatric
- Social services
- Intellectual and development disability centers
We strive to make a difference for our clients by helping them focus on their primary mission of providing superior services for their patients by building solutions to help them be vital, sustainable organizations.
We also work to improve and enhance our clients’ current operations so that they can become more efficient, profitable, and most importantly, improve their patients’ experience.
We help our clients
Managed care contracting and grant compliance
Internal and external factors may cause complexities to the relationship with third parties (e.g., government, Medicare, Medicaid, etc.). Baker Tilly works with our clients to help maintain compliance with federal, state and local regulations regarding licensing, operations, facility ownership, and reimbursement rates and procedures.
Protect and address cybersecurity and IT risks
Information assets and technology investments left ungoverned and unprotected leave organizations vulnerable to compromise and loss of reputation, revenue and patients’ data. Baker Tilly’s cybersecurity specialists work with organizations to assess their risks, design controls, implement effective security and IT governance processes, and become/remain compliant with cybersecurity regulations.
Data privacy protection
Privacy of patient information is particularly sensitive for behavioral health institutions. We help clients address, build and manage a proactive, comprehensive approach to privacy, including adherence to the Health Insurance Portability and Accountability Act (HIPAA), General Data Protection Regulation (GDPR), California Consumer Privacy Act of 2018 (CCPA) and other emerging data privacy regulations.
Federal, state and local tax
Our team of tax specialists monitors changes to the tax code, and regularly updates our clients on the challenges and opportunities that may affect their organization, including strategies to lower your tax rates while ensuring compliance and safeguarding the tax-exempt status of not-for-profit institutions.
Robotic process automation (RPA)
Upgrading patient information to electronic health records (EHRs) allows for better sharing of patient data among providers. However, this also increases the risk of issues with data integrity and repetitive tasks. Our team of automation specialists help implement RPA technologies to automate mundane workflows, which helps reduce operational costs and errors, enhance efficiencies and provide better patient experiences.
Payment transformation to value-based care
As more providers are transitioning to a value-based care system, there are significant changes needed for many stakeholder groups. Our team of specialists helps organizations become aware of value-based care program mechanics, how to collaborate with payers to improve program performance, tackle legacy systems and implement new enabling technologies, and assists with the change management process of communicating with care teams and patients in a more continuous way.
Affordable housing
The development of quality, affordable housing is vital, but it also has complexities that introduces additional rules and regulations governing operations, finances and reporting. Paired with our real estate expertise, Baker Tilly works with for-profit and not-for-profit affordable housing owners and developers to take advantage of tax credits and rental assistance programs for people with disabilities.
Merger and acquisition services
Many institutions often contemplate one of the biggest questions they may ever have to face – do I want to acquire or transition the business? Baker Tilly’s transaction, accounting and tax specialists work with behavioral health organizations to identify and prepare for a transaction opportunity; negotiate, structure and close the deal; and plan beyond the transaction closing with straightforward advice.
Our services
Assurance
Baker Tilly pairs deep industry knowledge with service specialization to deliver high quality accounting and assurance services.
Internal Audit
Leverage industry-specialized internal audit for organizational success.
Market Research & Alignment
Answer the fundamental question of “where to play” and “how to win” as you evaluate new markets – either geographical or industry.
Transaction Advisory Services
Baker Tilly’s transaction advisory services team provides straightforward advice to clients on every critical business decision before, during and after a transaction.
Project Finance
We take a comprehensive view of available federal, state and local tax credit and incentive programs and loan programs when developing a project’s capital stack.
Tax
Baker Tilly’s tax team contributes to clients’ success by accelerating tax deductions, increasing tax credits, reducing cash taxes and mitigating risks.
Risk Advisory
Baker Tilly addresses the full spectrum of risk, governance and compliance considerations in the context of industry, operations and culture.
In 2013, Sojourner Family Peace Center issued an RFP for Audit and Tax Services and ultimately selected Baker Tilly Virchow Krause. In addition to their business reputation and experience working with non-profit organizations, familiarity with the New Market Tax Credits Program was one of the deciding factors. Once Baker Tilly started their audit, it was apparent that they looked at the big picture and were able to focus their efforts accordingly which made for a very efficient, yet relational process. Communications have been clear and concise with constructive and timely feedback. Timelines have been met consistently. They have also been flexible when the audit dates needed to be changed due to a client related delay. As our Valued Business Advisor, Baker Tilly has consistently communicated the most relevant trends and thought leadership with our Finance Committee to guide our decision making. We are also very grateful that Baker Tilly, and the audit team, has been a strong supporter of our mission.