The health care industry is transforming like never before. Lumsden McCormick has worked closely with many hospitals, physicians’ groups, and long-term care facilities, as well as numerous nonprofit health and human service agencies, throughout New York State. From community-based home health care agencies and clinics to regional health care systems, we offer valuable insight and exceptional expertise to the rapidly changing health care industry.  

Managing Risk, Improving Cash Flow

Our health care auditors and consultants will assist you to manage risk, find state reimbursement opportunities, and improve cash flow. Through our leadership in the Healthcare Financial Management Association (HFMA), our affiliation with the BDO Alliance USA, and a working knowledge of the New York State Department of Health (NYSDOH), Office of Addiction Services and Supports (OASAS), Office for People With Developmental Disabilities (OPWDD), Office of Mental Health (OMH), and the State Education Department (SED), we understand these increasingly regulatory environments and proactively offer practical solutions to even your most complex issues.

Our health care services include:

Audit and Assurance Services

  • Audits, reviews, and compilations of financial statements
  • Accounting systems, policies, and procedures
  • Consolidated Fiscal Reports (CFRs)
  • Institutional Cost Report
  • Medicare Cost Reports
  • Long-Term Home Health Care Program - LTHHCP
  • Ambulatory Health Care Facility - AHCF
  • Residential Health Care Facility - RHCF-2 and RHCF-4
  • Employee benefit plan audits
  • Forecasts and projections
  • Operations and internal control audits
  • Single Audits and Yellow Book audits
  • U.S. Department of Housing and Urban Development (HUD) program audits

Tax Services

Consulting Services

  • Bonding and other financing
  • Debt capacity
  • Due diligence - mergers and acquisitions
  • Fraud prevention, audits, and investigations
  • HIPAA compliance
  • Reimbursement
  • Medicare
  • Medicaid
  • Insurance companies
  • Appeals
  • Affiliations
  • Salary surveys and benchmarking


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Firm Resources

For more information about our accounting and consulting services for the health care industry, contact Michael GrimaldiJill Johnson, or complete the form below.

Services Leaders

Michael Grimaldi

Michael J. Grimaldi, CPA

Jill Johnson

Jill M. Johnson, CPA, CFE, CITP, FHFMA

Elizabeth Krause

Elizabeth S. Krause, CPA


Upcoming Events

2023 Exempt Organizations Conference

2023 Exempt Organizations Conference

November 30, 2023

Join us for the 2023 Exempt Organizations Conference - register today!

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January 2024 Buffalo Sabres Tickets Raffle

January 2024 Buffalo Sabres Tickets Raffle

January 09, 2024

Enter to win two tickets to a Sabres home game for the 2023-2024 season!

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