Case Study: a private equity firm boosts collections and cash flow with BDO

Private Equity Firm boosts collections 12% and adds $8.2M monthly cash with BDO

BDO was engaged by a private equity firm to assist with the integration of an urgent care provider it had acquired into its existing portfolio. The client faced significant challenges, including two different electronic health record and claims platforms, a lack of standardized financial reporting, and operational inefficiencies in staffing and documentation.

To address this, BDO provided management consulting and accounting advisory services to streamline systems and processes. As a result of BDO's work, the integration achieved a 12% increase in collection rate, an average monthly cash increase of $8.2 million, and a 39% reduction in gross accounts receivable days.