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how embark helps the healthcare industry

shape component-1

Disruption is outpacing much of the healthcare industry’s ability to evolve. Already one of the largest, fast-growing sectors in the global economy, future market leaders will be those that infuse their operations with flexibility and foresight. Efficiency is the most valued asset in healthcare, allowing organizations to reduce costs without sacrificing quality of care.

Embark can help create new value & efficiencies for healthcare organizations.

  • Healthcare
  • continuity, clean-up, & solve problems
  • transactions, m&a activity, & restructuring
  • audit readiness & controls
  • exit: public offering
  • exit: private sale

continuity, clean-up, & solve problems

Healthcare relies on nimble & accurate accounting to keep pace with a dynamic market. We design, optimize, & formalize your accounting function with flexible solutions that grow with you.

Healthcare 5
  • ERP system selection, implementation/conversion, optimization
  • Opening balance sheet
  • Interim controller function
  • Other staff augmentation (personnel gaps, turnover, hypergrowth, etc.)
  • Accounting new hire onboarding and training
  • Financial reporting and accounting templates
  • Monthly, quarterly, and annual financial reporting
  • General Ledger (G/L) clean-up
  • Debt compliance
  • Assistance with billing policies, billing function – billing codes & accounting on G/L, etc.
  • Expense reporting and AP automation
  • Prepare/formalize policies, procedures, and process narratives
  • Process improvement

transactions, m&a activity, & restructuring

M&A and other complex transactions and activities drive expansion in healthcare, making Embark a critical partner that ensures sound accounting and a fast, seamless transaction.

Healthcare 4
  • Financial reporting
  • Technical accounting memos/guidance
  • Pre-transaction due diligence (quality of earnings, working capital, etc.)
  • Data migration/post-transaction integration
  • System conversions
  • Continual compliance with Medicare, Medicaid, and other government organizations

audit readiness & controls

We primarily hire ex-Big 4 CPAs, so we know exactly what auditors expect. We’ll streamline your audit, refine your controls, and prepare you for the road ahead.

Healthcare 2
  • Clean up/catch up
  • Cash accounting to GAAP accounting
  • Financial reporting
  • Financial statement disclosures
  • SOX/controls testing and compliance
  • Risk assessment
  • Statement of cash flows
  • Revenue recognition for net patient service revenue
  • Account reconciliations, rollforward schedules, and accruals
  • Compile other "PBCs" requested by the auditors
  • Adoption/implementation of new guidance (ASC 606, ASC 842, etc.)
  • Accurately account for compliance audits (RAC audits, ZPIC audits, etc.)

exit: public offering

Embark ensures your IPO readiness at every stage of the process, from strategy to implementation, making certain you check every necessary box.

Healthcare 3
  • Form S-1 Registration Statement
  • SEC compliant financials
  • Internal controls/SOX readiness
  • Technical accounting guidance
  • PCAOB audit facilitation
  • Pro forma financial statements

exit: private sale

Selling your organization is cause for celebration but not the finish line. Embark sweats the transaction’s details so you can focus on the future.

Healthcare 1
  • Scrub/prepare master data for transfer to buyer
  • Provide post-sale transition services
  • Prepare closing entries for sale

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