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Case study · Healthcare

A twelve-entity close, cut from six weeks to ten days

A 12-entity healthcare close went from six weeks to ten days.

6 weeks
close time before
10 days
close time after
Healthcare group · 12 entities
The situation

A healthcare group with twelve entities needed six weeks to close the books after each month-end.

What we did

We handled the accounting and reporting across all twelve entities.

The result

The close went from six weeks to ten days.

Why it matters

Why this result matters

For any multi-entity group, the close is the moment the month becomes numbers someone can act on. When it takes six weeks, one month's results arrive after the next month is already over, and decisions about staffing, locations and cash are made on history. A ten-day close puts each month in front of the owner while there is still time to use it.

If you want to see what a ten-day close looks like day by day, our free monthly close checklist lays it out.

Services used

The services behind this result

Bookkeeping & accounting →Books kept and reconciled, closed on a fixed dateController & CFO reporting →Financial reporting and CFO oversightHealthcare accounting →Outsourced accounting for healthcare providersFractional CFO for healthcare →Reporting by location, program and payor
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Other results

A nine-point margin improvement →Logistics companyA loan book the warehouse lender could finally verify →Alternative-finance lender · ~180 loans reconciled monthlySPV accounting and reporting, without an internal finance team →Special purpose vehicleAll case studies →Every engagement on one page
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  • → Tell us about your business and the questions you want to answer.
  • → We discuss what we see: where cash is going, what doesn't tie, what we'd fix first.
  • → A follow-up conversation to walk through it. No obligation either way.
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