Hospitals & Health Systems

Our Expertise

Keeping your patients — and your bottom line — healthy

For today’s hospital and health system providers, positioning for long-term success in value-based healthcare requires significant investment in processes, technology, and programs designed to serve patients in the right facility, at the most efficient cost. As more dollars are at risk related to value-based care performance outcomes, quality metrics, and patient engagement, we’ll help you navigate the changing landscape.

Our audit, tax, reimbursement, and consulting experts will help you effectively balance risk and opportunity to reduce costs, improve outcomes, and achieve your goals. With clients ranging from community hospitals to multibillion-dollar health systems, we have the experience and expertise to keep your bottom line healthy. And, we don’t just tell you what to do and leave. Our experts work shoulder to shoulder with you to implement change and reach your long-term goals.

Improve performance, balance risk, and achieve your goals

We can help you with:

Audit

Your organization’s success requires timely identification and interpretation of policy changes – and we’re here to help. Our trusted advisors help you identify and maintain compliance with government funding sources. In addition to our extensive single audit expertise, we specialize in understanding the accounting implications from the CARES Act and PPP Loan Program as well as embedded leases for healthcare organizations.

Cybersecurity

Cyber criminals increasingly target healthcare organizations, attempting to gain access critical patient data. It’s essential to safeguard this protected information with robust cybersecurity controls. From IT audits to penetration testing, our experts provide a wide range of assessments to measure confidentiality, integrity, and availability of systems and data and ensure compliance with security and privacy regulations.

Due diligence and post-merger integration services

In today’s fast-paced deal environment, transactions happen quickly. As your single solution for transaction management and integration, our healthcare transaction experts provide the insight and details you need to make well-informed decisions. Whether you're looking for buy-side diligence or sell-side diligence, our experts will tailor their approach to the unique dynamics of your healthcare transaction.

Healthcare data analytics

Data — and the emerging need for specialized value-based care analytics — is rapidly shaping the future of healthcare. We’ll help you draw insight from your financial and operational performance data to transform your business and improve patient outcomes. Our field-proven experts will empower your clinical staff, executive leadership, and information technology teams to triage, assess, and create value from your data.

Healthcare information technology

Technology is at the core of an optimized and agile healthcare operation. We provide a roadmap for scalable interoperability — not only connecting disparate data systems, but the way your people and policy interact with the data. Our services span from IT assessments, strategy, and vendor selection through implementation.

HHS provider relief fund advisory and reporting

Since the start of the COVID-19 pandemic, we’ve helped health systems apply for, stay compliant with, and keep up with reporting related to the Provider Relief Fund (PRF). The rules are complex and ever-changing, but our team continually provided updated guidance to our clients and ensured the receival of maximum benefits.

Labor management

With the value-based care model becoming integrated in organizations, labor management is top of mind for healthcare leaders, with increasing pressure to do more with less. Our benchmarking services increase efficiency within your workforce and provide clarity into your labor management strategies. Pairing our data with industry expertise, we’ll offer guidance to help you optimize labor cost and maximize your workforce’s potential.

Medical practice services

As a physician, you already know today's healthcare environment is uncertain. Whether you're considering joining a large healthcare institution or you have an established practice and are looking to improve your operations, it's important to manage resources to keep your organization running smoothly and successfully. We provide services from compensation to market demand analyses to help ensure your future success.

Operations improvement, restructuring, and transformation

With increasing regulatory compliance burden, value-based reimbursement, and general uncertainty related to the future, many systems are forced to compromise on their mission and delivery of care. Reimagine the future of your organization by developing centers of excellence that will expand revenue while prioritizing clinical quality and patient satisfaction. Our team of experts will help you create a sustainable path forward.

OR/ED/Discharge transformation

Is your operating room (OR) or emergency department (ED) in urgent need of care? Focusing on the "two front doors" of every hospital — the operating room drives more than 60% of hospital revenues, and the emergency department drives 70 percent of hospital admissions — our operational performance experts assess your organization’s performance against industry best practices for efficiency and safety and provide improvement recommendations. Our approach, with short-term deployment and long-term sustainability, addresses everything from surgical and emergency services, PAT protocols, discharge processes, labor management, and practice management optimization. Contact our OR/ED process improvement leader.

Real estate and development consulting

We're trusted advisors to some of the most highly visible healthcare projects in the country. From $500 million capital projects to ER additions or master planning, our dedicated team brings comprehensive expertise to a full range of services. We create tailored solutions that meets the changing demand of healthcare with your unique needs.

Reimbursement and payment advisory

Navigating the Medicaid and Medicare reimbursement landscape has become overwhelmingly complex and critically important. Our experts will help you not only prosper in the current value-based reimbursement environment, but also develop proactive strategies for a sustainable and successful future. Feel confident managing changing federal, state, and third-party reimbursement guidelines in a way that maximizes impact and optimizes margin improvement.

Revenue cycle management

Achieve significant and measurable margin improvement by accessing our revenue cycle optimization strategies. Our data analytics team uses assessments paired with industry benchmarks to identify areas and drive top-line growth. While the growth of managed care organizations has dramatically increased the complexity of the revenue cycle, we help by recovering denied and underpaid claims, resolving credit balances, and boosting revenue integrity.

Risk and accounting advisory

As your business evolves, so does your need for sophisticated risk management strategies. Our team of risk and accounting advisory professionals create and implement internal control frameworks designed to suit your unique needs. Understand and ensure compliance with the No Surprises Act, Cares Act, and price transparency rule with help from our trusted advisors.

Strategic planning and organizational design

You have a vision for the future of your organization, and we’ll help you get there. We serve as trusted advisors in the evaluation of joint ventures and partnerships, core services, vendor relationship, new geographies, physician recruitment, and more. Our team of strategy experts have a pulse on the future of healthcare, creating custom solutions to help you get from where you are to where you want to be.

Tax planning, structuring, and compliance

Facing complex tax structures and ever-changing regulations, hospitals and health systems can look to our team of experts to minimize tax burden and optimize tax benefits. With a constant pulse on tax law changes and regulations, our hospital experts provide proactive tax advice to help you meet your goals and make sure no dollars are left on the table. Our services range from tax planning to compliance consulting, with specialty services including cost segregation studies, health needs assessments, and Form 990.

Topics

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Case Studies

SEE ALL CASE STUDIES

Mt Nittany Medical Center in Philly - Main Entrance Rendering

May 18, 2023

Pennsylvania hospital system adapts facilities for growth with $520 million capital program

As part of its commitment to providing exceptional care to the central Pennsylvania community, Mount Nittany Medical Center embarked on a $520 million capital program to expand its service offerings.

Case Study / 2 min read

DMC Childrens Hospital of Michigan Exterior

March 31, 2022

Children’s hospital addition improves patient experience & healthcare delivery

As the final phase of the Detroit Medical Center’s $850 million master plan, the $155 million Critical Care Tower addition and renovations to the Children’s Hospital of Michigan improved patient experience, staff efficiencies, and healthcare delivery.

Case Study / 3 min read

Doctor wearing a stethoscope while reviewing information on a tablet.

April 07, 2021

Hospital finds potential recovery of $5 million from denied and underpaid claims

Concerned that their claims weren’t being paid fairly by Medicaid MCOs, a Chicagoland hospital engaged our revenue cycle optimization team to investigate.

Case Study / 1 min read

Client Experience

We’re there: when and where you need us

Sustainable change in healthcare is dependent on collaboration and personal relationships. We provide a personal touch to each engagement and work side by side with you to deliver tailored services that keep your patients — and your bottom line — healthy.

Our experts have been in your shoes; many have held similar positions in health systems, so we know you don’t need a detached “consultant.” You need someone working in the trenches with you, seeing the effect, firsthand, of new regulations, laws, and workforce struggles. Duane Fitch, our health system strategy and operations leader, says “It’s easy to sit behind a computer and tell someone what they should do. That’s not what we do. We don’t hide away; we’re alongside you, helping you enact real change to see real results.”

Our clients say

Plante Moran has been much more than an auditing firm for McLaren Health Corporation. During the past several years, we have experienced significant growth through acquisitions. The Plante Moran team has assisted us with multiple due diligence activities on these acquisitions as well as numerous bond issuances. The knowledge they provided to us as a result of their analyses meant that we were able to effectively evaluate the risks and rewards of moving forward with these organizations. We wouldn’t work with an advisory firm that couldn’t deliver at Plante Moran’s level. They’ve been a vital partner in the successful incorporation of these affiliates into our organization.

David Mazurkiewicz

Senior Vice President and CFO, McLaren Health Corporation