Industries
Healthcare & Professional Services
Healthcare organisations - hospitals, clinics, diagnostic centres, and pharmaceutical companies - and professional services firms face a specific mix of audit, tax, and compliance requirements. Healthcare entities deal with insurance receivables, CGHS and ESI billing, drug license compliance, and multi-entity structures. Professional services firms have their own partnership taxation, GST on services, and income recognition complexity. Our services are built to address both.
Who This Is For
Hospitals, clinics, diagnostic centres, pharmacies, healthcare companies, and professional service organisations (consulting firms, law firms, and other professional practices) that need audit, tax, compliance, and financial advisory support.
What We Offer
- ✓Statutory Audit
- ✓Internal Audit
- ✓Taxation & GST Compliance
- ✓Tax Audit
- ✓Financial Reporting
- ✓Internal Controls Review
- ✓Accounting & Bookkeeping
- ✓Compliance Review
- ✓Financial Advisory
- ✓Revenue & Receivable Verification
- ✓Financial Due Diligence
Our Approach
Understand the revenue and receivable structure.
Healthcare revenue flows through insurance companies, government schemes (CGHS, ESI), direct patient billing, and diagnostic services - each with different recognition and collection dynamics. We map this before we plan the audit.
Review internal controls around billing and cash.
Revenue recording and cash handling in healthcare and professional services are areas of specific audit risk. Our internal controls review targets these systematically.
Ensure the right tax treatment.
GST exemptions for healthcare services, income tax for professional practices, and partnership or LLP taxation all require careful handling. We ensure the right treatment is applied and documented.
Why SASVA & Associates
Our multidisciplinary practice covers audit, taxation, and compliance across both corporate and non-corporate entities, which matches the diversity of structures used in healthcare and professional services - from sole practitioner clinics to hospital companies. Our financial due diligence practice is also relevant for healthcare acquisitions and expansion projects.
Related Services
Frequently Asked Questions
Do you work with hospitals and diagnostic centres?
Yes. Healthcare organisations, including hospitals, clinics, and diagnostic centres, are part of our service coverage.
Are healthcare services exempt from GST, and how do you advise on this?
Healthcare services are largely GST-exempt, but the exemption boundaries are specific and require careful application across different service types. Our GST advisory covers this.
Can you conduct a statutory audit for a healthcare company?
Yes. Statutory audit of healthcare companies is part of our audit and assurance practice.
Do you advise professional service firms (law firms, consulting practices) on taxation?
Yes. Taxation and GST compliance for professional service firms, including partnership taxation and LLP compliance, is part of our service range.
Can you conduct financial due diligence on a healthcare acquisition?
Yes. Financial due diligence for healthcare transactions is part of our due diligence and financial advisory service.