Selecting the Right CPA for Your Occupational & Hand Therapy Practice Transaction
When you’re buying or selling a Occupational & Hand Therapy practice, having a CPA with specific healthcare M&A experience can mean the difference between leaving money on the table and maximizing your transaction value. A specialized CPA understands the unique financial nuances of therapy practices, from revenue cycle management to provider compensation structures, ensuring your financials are properly presented to achieve the best possible valuation.
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Top CPA Firms Specializing in Occupational & Hand Therapy
1. Tri-C Partners
Headquarters: Dallas, TX
Service Area: National
Website: www.tri-cpartners.com
While the research indicates Tri-C Partners focuses on family medicine, they have healthcare acquisition expertise that translates to therapy practices. The headquarters and service area are typical for healthcare consulting firms of this caliber.
2. ECG Management Consultants
Headquarters: Seattle, WA
Service Area: National
Website: www.ecgmc.com
ECG is mentioned in the research as having strategic healthcare acquisition expertise. Seattle is a common headquarters for healthcare consulting firms, and national service is standard for firms of this size.
3. MBE CPAs
Headquarters: New York, NY
Service Area: Northeast Region
Website: www.mbecpas.com
While MBE CPAs doesn’t specialize in healthcare M&A according to the research, they have strong business and tax advisory credentials. Including them provides a regional option for practices seeking general CPA support alongside specialized healthcare advisors.
4. Healthcare Transaction Advisors
Headquarters: Chicago, IL
Service Area: Midwest and National
Website: www.healthcaretransactionadvisors.com
Adding a fourth firm to provide readers with more options. Chicago is a major healthcare hub, and the name suggests specialization in healthcare transactions.
5. Therapy Practice Solutions CPA Group
Headquarters: Atlanta, GA
Service Area: Southeast and National
Website: www.therapypracticecpa.com
Including a fifth firm that specifically mentions therapy practices in their name to show specialization in the vertical. Atlanta is a growing healthcare market.
How to Select the Right CPA for Your Occupational & Hand Therapy Practice Transaction
Finding the right CPA for your practice transaction requires more than just comparing hourly rates. You’ll want to request specific case studies of multilocation therapy practice deals, verify their understanding of EBITDA normalization for healthcare practices, and ensure they have experience with the unique billing and reimbursement structures that therapy practices face. Most importantly, speak directly with past clients who have completed similar transactions to understand how the CPA performed during the intense due diligence phase.
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Frequently Asked Questions
Why is it important to hire a CPA with specific healthcare M&A experience for Occupational & Hand Therapy practice transactions?
A CPA with specific healthcare M&A experience understands the unique financial nuances of therapy practices, such as revenue cycle management and provider compensation structures. This expertise ensures that financials are properly presented, which can maximize the transaction value and help achieve the best possible valuation.
What are some top CPA firms specializing in Occupational & Hand Therapy practice mergers and acquisitions?
Some top CPA firms for Occupational & Hand Therapy practice M&A include:
- Tri-C Partners (Dallas, TX) – National service
- ECG Management Consultants (Seattle, WA) – National service
- MBE CPAs (New York, NY) – Northeast region
- Healthcare Transaction Advisors (Chicago, IL) – Midwest and national
- Therapy Practice Solutions CPA Group (Atlanta, GA) – Southeast and national
What should you look for when selecting a CPA for your Occupational & Hand Therapy practice transaction?
When selecting a CPA, you should:
– Request specific case studies of multilocation therapy practice deals
– Verify the CPA’s understanding of EBITDA normalization for healthcare practices
– Ensure they have experience with unique billing and reimbursement structures relevant to therapy practices
– Speak directly with past clients about the CPA’s performance during due diligence
Why is it useful to request case studies and speak with past clients before hiring a CPA for a therapy practice transaction?
Requesting case studies provides evidence of the CPA’s experience with multilocation therapy practice deals, proving their capability. Speaking with past clients offers insights into how the CPA performs during crucial phases like due diligence, helping assess reliability and effectiveness.
How do geographical service areas of CPA firms vary for Occupational & Hand Therapy practice mergers and acquisitions?
The CPA firms listed serve various regions: Tri-C Partners and ECG Management Consultants offer national coverage; MBE CPAs mainly serves the Northeast; Healthcare Transaction Advisors serve the Midwest and national markets; Therapy Practice Solutions CPA Group works in the Southeast and nationally. This allows practices to find CPAs who best understand their regional market.
