When buying or selling a geriatric behavioral health practice, partnering with a CPA firm that understands both healthcare M&A complexities and the unique regulatory environment of behavioral health services is essential. A specialized CPA can mean the difference between a smooth transaction and costly delays, particularly given the intricate Medicare/Medicaid reimbursement structures and compliance requirements specific to geriatric behavioral health.
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Top CPA Firms Specializing in Geriatric Behavioral Health
1. Tri-C Partners / TriCPS
Headquarters: [Contact for specific location]
Service Area: National
Website: triccpas.com
2. ECG Management Consultants
Headquarters: [Contact for specific location]
Service Area: National
Website: ecgmc.com
3. Leichter CPA
Headquarters: [Contact for specific location]
Service Area: Regional/National for mental health practices
Website: leichtercpa.com
How to Select the Right CPA for Your Geriatric Behavioral Health Practice Transaction
Choosing the right CPA firm for your transaction requires careful evaluation of their specific healthcare M&A experience and understanding of behavioral health operations. Request detailed case studies from your shortlisted firms, particularly focusing on their experience with multilocation practices and geriatric care facilities. Compare engagement letters carefully, as fees for mid-sized multilocation practices typically range from $25,000 to $100,000+ depending on transaction complexity and services included.
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Frequently Asked Questions
Why is it important to select a specialized CPA when dealing with mergers and acquisitions in geriatric behavioral health practices?
A specialized CPA understands the healthcare M&A complexities and the unique regulatory environment of behavioral health services, which can prevent costly delays and ensure a smooth transaction. They are familiar with intricate Medicare/Medicaid reimbursement structures and compliance requirements specific to geriatric behavioral health.
What are some of the top CPA firms specializing in geriatric behavioral health practice mergers and acquisitions?
Some of the top CPA firms specializing in this field include Tri-C Partners / TriCPS, ECG Management Consultants, and Leichter CPA. These firms have national or regional service areas and specific experience in healthcare M&A and behavioral health practices.
What should you consider when selecting the right CPA firm for a geriatric behavioral health practice transaction?
You should evaluate the firm’s healthcare M&A experience and understanding of behavioral health operations. It’s important to request detailed case studies, especially focusing on experience with multilocation practices and geriatric care facilities. Comparing engagement letters and understanding the fee structure, which can range from $25,000 to over $100,000 depending on complexity, is also crucial.
What is the typical fee range for CPA services in mid-sized multilocation geriatric behavioral health practice transactions?
Fees typically range from $25,000 to $100,000 or more, depending on the complexity of the transaction and the services included in the engagement.
How can one schedule a valuation consultation with these CPA firms?
You can schedule a valuation consultation by visiting the contact page linked in the article or the specific CPA firm’s website, where scheduling options and contact details are provided.
