Payer tax services

Payers operate in an environment of ever-increasing competitiveness, shrinking margins, and regulatory scrutiny. Adding to these pressures, many support functions and business processes are accomplished offshore, requiring payers to manage global supply chains and exposing them to greater risks.

A tax strategy that achieves full compliance while aligning with expanding business goals is essential for payers to remain competitive and drive innovation in the healthcare delivery system. Creating an effective and compliant tax structure allows payers to plan and manage tax rates, reduce risk and exposure, and align tax and business objectives.

To formulate market-leading tax strategies, payers must develop quality processes, continually assess their financial risks and liabilities, and establish a culture of knowledge sharing among audit, tax, and advisory professionals. These professionals need to stay current on best practices and relevant risk issues in multiple jurisdictions. This focus on current issues and professional development drives the innovative strategies and pragmatic insights that can enable payers to thrive in a rapidly evolving business climate.

How we can help you

PricewaterhouseCoopers is distinctive in our extensive knowledge of tax, compliance, and business issues specific to the healthcare industry. We have demonstrated an excellent track record for delivering value to our payer clients. Our tax professionals are among the best in the world, and our commitment to their ongoing education and professional development empower them to approach each engagement with insight, initiative, and innovation.

Our tax capabilities are built around:

• A dedicated healthcare industry practice, where our people develop a solid understanding of the business environment and tax challenges specific to healthcare, and deliver customized services and solutions.
• A coordinated and highly respected global team, which provides tailored services and integrated tax solutions to a diverse client base that includes nearly 90 percent of the Fortune 500.
• Local practices of accessible, knowledgeable professionals helping clients develop local, state, and federal tax plans and policies. Network-wide knowledge sharing lets us apply innovations and best practices developed in other industries.
• The Washington National Tax Service that gives payers access to multidisciplinary professionals, including accountants, attorneys, economists, and former regulators, who provide foreknowledge of changes to tax laws and regulations to proactively develop appropriate strategies.