Selecting the Right CPA for Your Pediatric Physical Therapy Practice Transaction
When buying or selling a pediatric physical therapy practice, partnering with a CPA who understands the unique financial complexities of rehabilitation services is essential for maximizing value and ensuring compliance. The right CPA will navigate specialized reimbursement models, multi-location consolidation challenges, and pediatric-specific regulatory requirements that general accounting firms often overlook.
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Top CPA Firms Specializing in Pediatric Physical Therapy
1. SovDoc
Headquarters: National/Virtual
Service Area: Nationwide
Website: sovdoc.com
2. BDO Healthcare
Headquarters: Chicago, IL
Service Area: National with regional offices
Website: bdo.com/services/industries/healthcare
3. Moss Adams LLP
Headquarters: Seattle, WA
Service Area: Western United States
Website: mossadams.com/industries/healthcare
4. CliftonLarsonAllen (CLA)
Headquarters: Minneapolis, MN
Service Area: Nationwide
Website: claconnect.com/industries/healthcare
5. LBMC Healthcare
Headquarters: Nashville, TN
Service Area: Southeast and National
Website: lbmc.com/services/healthcare
How to Select the Right CPA for Your Pediatric Physical Therapy Practice Transaction
Choosing a CPA for your practice transaction requires evaluating their specific experience with pediatric therapy practices, understanding of EBITDA normalization in healthcare, and track record with multi-location consolidations. Start by requesting references from similar-sized pediatric PT transactions within the last 24 months, then assess their knowledge of payer mix optimization and pediatric-specific compliance requirements before making your selection.
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Frequently Asked Questions
Why is it important to choose the right CPA for pediatric physical therapy practice mergers and acquisitions?
Choosing the right CPA is crucial because pediatric physical therapy practices have unique financial complexities, such as specialized reimbursement models, multi-location consolidation challenges, and pediatric-specific regulatory requirements. A knowledgeable CPA helps maximize value and ensures compliance.
Which CPA firms are recognized as top choices for pediatric physical therapy practice transactions?
Top CPA firms specializing in pediatric physical therapy practice transactions include SovDoc, BDO Healthcare, Moss Adams LLP, CliftonLarsonAllen (CLA), and LBMC Healthcare. These firms offer nationwide or regional services with extensive healthcare and M&A expertise.
What factors should be considered when selecting a CPA for a pediatric physical therapy practice transaction?
When selecting a CPA, evaluate their experience with pediatric therapy practices, understanding of EBITDA normalization in healthcare, track record with multi-location consolidations, knowledge of payer mix optimization, and pediatric-specific compliance requirements. Requesting references from similar transactions in the last 24 months is also advised.
What is a key financial concept CPAs should understand when working with pediatric therapy practices?
A key concept is EBITDA normalization, which is essential in healthcare to accurately assess the financial performance and value of a pediatric physical therapy practice during mergers and acquisitions.
How can potential clients initiate a valuation consultation for their pediatric physical therapy practice transaction?
Potential clients can initiate a valuation consultation by scheduling an appointment through the provided contact link mentioned in the article (e.g., Schedule a Valuation Consultation →). This consultation helps clarify the practice’s value and informs transaction decisions.
