New Zealand’s total healthcare expenditure is among the highest in the world (per capita). Managing this cost is a key objective on the government’s agenda. However, with the demands of New Zealand’s growing and ageing population and budget constraints, it’s becoming increasingly difficult to realise the efficiencies required while improving the quality of our healthcare.
The industry as a whole is also adapting to change. There are many opportunities presented by new technologies; also challenges within a highly regulated environment. Attracting skilled people, particularly to aged and community care, is another pressing concern.
Financial results and clinical outcomes are intertwined as never before as the industry adapts to new business models, market disrupters, and cost pressures.
BDO’s Healthcare team has the knowledge, expertise and resources to help navigate this complex and integrated new world. We work across the public and private sectors to advise healthcare and senior living organisations on strategy, performance, compliance, risk and governance.
BDO provides services to healthcare entities ranging in size from small physician practices and ancillary providers to integrated healthcare organisations. This experience across the spectrum of healthcare allows our team to quickly identify the financial reporting areas of greatest risk to your organisation and to more efficiently and effectively perform our services.
Our approach is to empower you to make business decisions based on timely insights that keep pace with change, assisting you across:
- Advisory - advice on strategy, merger and acquisition transaction services, processes and compliance
- Access to capital tailored to the new healthcare environment
- Assurance and tax - ensure financial and tax compliance meets complex healthcare regulatory, Generally Accepted Accounting Principles (GAAP) and business requirements
- Audit and Assurance – we provide high quality, pragmatic assurance services to give confidence to all stakeholders that your financial systems and reporting is carried out efficiently and with a high degree of integrity.