Selecting the Right Auditor for Your Primary Care Practice Transaction
When buying or selling a primary care practice, having an auditor with specific healthcare industry experience can mean the difference between uncovering critical financial issues early or facing costly surprises during due diligence. The right auditor brings not just accounting expertise, but deep understanding of primary care revenue cycles, payer mix complexities, and the unique financial drivers that impact practice valuations.
Schedule a Confidential Discussion →
Top Auditor Firms Specializing in Primary Care
1. BDO USA
Headquarters: 100 Park Avenue, New York, NY 10017
Service Area: National
Website: https://www.bdo.com
2. Grant Thornton LLP
Headquarters: 171 N Clark Street, Chicago, IL 60601
Service Area: National
Website: https://www.grantthornton.com
3. RSM US LLP
Headquarters: One South Wacker Drive, Chicago, IL 60606
Service Area: National
Website: https://www.rsmus.com
4. CohnReznick LLP
Headquarters: 1301 Avenue of the Americas, New York, NY 10019
Service Area: National
Website: https://www.cohnreznick.com
5. Crowe LLP
Headquarters: 320 E Jefferson Blvd, South Bend, IN 46601
Service Area: National
Website: https://www.crowe.com
How to Select the Right Auditor for Your Primary Care Practice Transaction
Choosing an auditor for your practice transaction requires evaluating their specific healthcare deal experience, particularly with multi-location primary care practices and their track record with quality of earnings analysis. Start by requesting case studies from recent primary care acquisitions they’ve handled, focusing on their role in financial due diligence and any healthcare-specific risks they identified. Compare proposals not just on price—which typically ranges from $10,000 to $30,000+ for mid-sized practices—but on the depth of their healthcare expertise, team continuity, and understanding of primary care economics including fee schedules, collection rates, and provider compensation structures.
Schedule a Confidential Discussion →
Frequently Asked Questions
Why is it important to have a specialized auditor for primary care practice mergers and acquisitions?
A specialized auditor with healthcare industry experience can uncover critical financial issues early, avoiding costly surprises during due diligence. They understand primary care revenue cycles, payer mix complexities, and financial drivers affecting practice valuations.
What are some of the top auditor firms specializing in primary care practice transactions?
The top auditor firms include BDO USA, Grant Thornton LLP, RSM US LLP, CohnReznick LLP, and Crowe LLP. All these firms have national service areas and specialize in healthcare-related financial auditing.
What criteria should be considered when selecting an auditor for a primary care practice transaction?
Selection criteria include the auditor’s specific healthcare deal experience, especially with multi-location primary care practices, their track record with quality of earnings analysis, depth of healthcare expertise, team continuity, and understanding of primary care economics such as fee schedules and provider compensation.
What is the typical cost range for auditing services in primary care practice acquisitions?
The typical price range for mid-sized primary care practice audits ranges from $10,000 to $30,000 or more depending on the depth of services and expertise required.
How can one evaluate an auditor’s capabilities before hiring them for a primary care practice merger or acquisition?
One can request case studies from recent primary care acquisitions the auditor has handled, focusing on their role in financial due diligence and how they identified healthcare-specific risks. Comparing multiple proposals based on expertise rather than price alone is also advised.
