Life Sciences & Health Care
The life sciences and health care industry is one of the central pillars of modern society, as it makes essential contributions to improving quality of life and health. Innovation, technological advances and dealing with legal requirements shape this dynamic sector. In particular, hospitals and companies in the health research and medical facilities sectors face the challenge of combining high medical standards with economic efficiency while meeting increasingly complex regulatory requirements.
The special needs of this industry include precise knowledge of regulatory requirements, customized solutions for accessing funding, and optimizing business processes in a demanding environment. Added to this is the necessity of navigating an increasingly digitalized and data-driven environment. Close collaboration and a deep understanding of the specific challenges of companies in this sector are crucial to developing sustainable and future-oriented solutions.
Consulting approach
In the area of Life Sciences & Health Care, we see ourselves as a long-term partner for companies operating in a complex and highly regulated environment. Particularly in the hospital sector, in biotechnology and the pharmaceutical industry, as well as in medical institutions, the close interconnection of business, tax and legal issues is crucial to developing sustainable and future-oriented solutions.
Our interdisciplinary advice focuses on tax and legal optimization and the development of customized solutions that meet the specific requirements of our clients. We support them in meeting regulatory requirements, designing tax structures and legally safeguarding transactions and processes.
With our comprehensive expertise, we ensure that our clients can both ensure compliance and secure their long-term competitiveness in the healthcare and life sciences industry.
Our services for your industry
We develop customized tax strategies for companies in the life sciences and health care sector, in particular for hospitals, health research companies and medical institutions. Our services include tax optimization of investments, support with restructuring and tax planning for supply relationships.
We also offer comprehensive support with payroll and financial accounting, the preparation of annual financial statements and tax returns, as well as with tax audits. We always pay attention to industry-specific requirements and legal changes to ensure that all tax obligations are correctly fulfilled.
We also advise on the demarcation of commercial business operations and on the calculation of the appropriation of funds.
Here you can find → further information on Tax.
Our auditors audit annual financial statements and consolidated financial statements in accordance with national and international standards. In doing so, we consider the specific requirements of the healthcare sector and ensure that the relevant legal requirements are met.
In addition, we provide other certification services for hospitals in the form of standard certificates (e.g. nursing budget, PpUG, hygiene promotion) and special certificates (e.g. liquidity requirements, going-concern confirmation).
Here you can find → further information on Audit.
We also audit sustainability reports in accordance with European standards and provide our clients with advice on process improvement.
Here you can find → further information on Sustainability and IT audit.
Our legal advice covers all relevant areas of the healthcare sector, from corporate and labor law to compliance with medical law. We provide comprehensive transaction advice on transformations and acquisitions (M&A) for physicians, medical practices and medical care centers (MVZ), support with the legal structuring of companies and advise on the design of contracts for research projects and product licenses. We ensure that all legal steps are in line with regulatory requirements and the specific needs of the industry.
Here you can find → further information on Legal.
Our advisory services include valuation services, business process optimization and advice on M&A transactions and the restructuring of business models. Our services are designed to promote long-term competitiveness and efficiency of our clients. In doing so, we ensure that business, tax and legal requirements are considered holistically.
Here you can find → further information on Advisory.
With our valuation expertise, we offer precise valuation services that are particularly important for transactions, strategic decisions or restructuring. We help our clients determine the fair value of companies or company shares and support them with in-depth analyses and valuation models. In this context, we comment on the appropriateness of transaction prices, prepare indicative or comprehensive valuation reports and fairness opinions.
Here you can find → further information on Valuation.
In the area of FAAS, we support our clients with smart financial services by developing efficient solutions for financial reporting and processes. We rely in particular on Lucanet, a software solution for managing financial data and creating reports. We also offer process optimization to improve our clients’ financial and reporting processes and increase their efficiency.
Here you can find → further information on FAAS.
We support companies in the Life Sciences & Health Care industry in implementing compliance programs and risk management strategies that are crucial for success in the healthcare sector. This includes compliance with regulatory requirements such as hospital supervision and ensuring compliance with ESG criteria and sustainability requirements. Our advice ensures that companies work in a legally compliant and risk-minimizing manner at all levels.