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Meeting your challenges

Ernst & Young’s Health Sciences Advisory Services practice (HSAS) is focused on helping health care providers strengthen their revenue and understand the risks they must manage in a complex and fast-changing business and regulatory environment.

We help clients obtain appropriate reimbursement from the government,managed care, and other third-party payers. We also offer services to help providers strengthen their financial management policies and practices, understand their capital needs, and comply with regulatory and reporting requirements.

Our team works with a broad spectrum of not-for-profit and for-profit health care clients, including hospitals, health care systems, HMOs, academic medical centers, long-term care companies, physician groups, and health insurance companies.

Ernst & Young has served the Health Sciences industry for over 40 years with broad vision, rich experience, and unwavering commitment. Over this period, we have provided assurance, tax, and risk advisory services to nearly two-thirds of the health care industry.

Health care's perfect storm: navigating in a world of reduced margins

Like a Perfect Storm (pdf, 6.2M), several problematic fronts are brewing at once on the US health care horizon—connecting, converging, and challenging hospitals. The realities of rapidly surging health care costs, flattening federal and state reimbursements, the uninsured and a worsening health care labor shortage are forcibly coming together—leaving providers with no easy solutions for surviving the looming squall.

The politics of 2008: the implications for health care providers

As health care providers grapple with current critical health policy issues, they also need to consider the implications of the 2008 US presidential election. Panelists in our 6 Dec. Thought Center Webcast discussed health care reform, candidate platforms, and steps providers can take to prepare for the financial impact of policy decisions. Watch for the video format archive.

To read an executive document (pdf, 878K) that summarizes the key points from the webcast panel discussion.

Healthcare change: reform or transformation? A CFO perspective

With the US healthcare system on the threshold of change, healthcare chief financial officers feel the need to anticipate change and begin the process of business transformation before the arrival of any public policy mandates. CFOs face daunting challenges (pdf, 1.9M), and insights from leading CFOs on the state of the industry are revealed in this report.

Webcast archive: policy issues for
health care providers

If you missed the 22 March live Thought Center Webcast, "Urgent Affairs: Impact of the New Congress on the Health Care Provider Market," watch the archived program in video format. Health care executives can learn more about health care policy issues and steps to take to prepare for the financial impact of potential regulatory and reimbursement changes.

Read the executive document (pdf, 386K) that summarizes the key points from the webcast panel discussion.

Health Sciences Advisory Services


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CFO alert

Many hospital financial executives have heard about Recovery Audit Contractors or “RACs,” but few are aware or prepared for the impending program rollout. The Centers for Medicare and Medicaid Services (CMS) has been authorized to expand the program to all 50 states through a phase-in period beginning in the spring of 2008 and continuing through 2009, with all states participating by 2010.

See our latest CFO Alert for an update on the RAC Audit program.

Ernst & Young refers to one or more of the member firms of Ernst & Young Global Limited (EYG), a UK private company limited by guarantee. EYG is the principal governance entity of the global Ernst & Young organization and does not provide any services to clients. Services are provided by EYG member firms. Each of EYG and its member firms is a separate legal entity and has no liability for another such entity's acts or omissions. Certain content on this site may have been prepared by one or more EYG member firms.