Management

Ascentist Healthcare

Outsourced accounting department with cost-saving and strategic advisory support during leadership transition.

Ascentist Healthcare is a physician-owned hospital providing surgical and specialty care services.

Evaluate and improve accounting workflows, reduce cost by outsourcing transactional roles, and provide interim leadership during CFO vacancy.

Seamless Leadership Transition During CFO Vacancy

WTS provided interim CFO services and fractional support to maintain financial leadership and continuity, bridging the operational gap left by the client’s departing CFO without disruption to the organization.

Outsourced Accounting Department with Full Operational Coverage

By taking over accounts payable, month-end close, and financial reporting, WTS eliminated the need for in-house accounting staff beyond the CFO role, reducing overhead while improving process efficiency.

Standardized Workflows and Scalable Financial Operations

WTS evaluated and restructured outdated legacy accounting practices, delivering updated SOPs and scalable workflows that enhanced accuracy, consistency, and long-term usability.

Cost Savings through Strategic Outsourcing

Replacing transactional roles with outsourced services allowed Ascentist to reduce internal staffing costs while gaining access to experienced financial professionals and tools.

Improved Reporting Accuracy and Compliance

Through timely financial reporting and Medicare cost report preparation, WTS ensured regulatory compliance and gave Ascentist leadership the confidence to make informed financial decisions.

Management

Ascentist Healthcare