Audit and Advisory Services for Federally Qualified Health Centers
FQHCs operate at the intersection of nonprofit governance, federal funding requirements, and healthcare regulation. Our FQHC practice is built on deep familiarity with the compliance obligations, funding structures, and reporting requirements specific to community health centers.
Years Serving Ohio Nonprofits
Professionals In Your Industry
Offices Across Ohio and Florida
Built for the Compliance Environment You Operate In
Community health centers exist to serve the people who need them most. We take that mission seriously, and it shapes how we approach every engagement: not just as a compliance exercise, but as work that helps your organization stay strong enough to keep doing what it was built to do.
Your board wants confidence in the audit. Your CFO needs a firm that already knows how health centers are funded, regulated, and reviewed. Whether you’re evaluating new partners or looking for a stronger fit, you need a team that can step in and be productive from day one.
That’s what we do. We work with FQHCs across Ohio, the Midwest, and beyond, and we know the landscape that drives your year.
The Organizations We Work With
We work with a diverse range of not-for-profit healthcare organizations, from single-site health centers to multi-location organizations managing multiple federal programs and complex Medicaid cost reporting obligations.
Our clients range from smaller centers navigating their first single audit to larger organizations with significant 340B pharmacy programs and employee benefit plan audit requirements.
FQHCs
Community Health Centers
Rural Health Clinics
Multi-Site Health Centers
Federally Funded Health Programs
Meet Our FQHC Advisors
Our FQHC practice is led by professionals with specific, sustained experience in community health center audits, single audits under Uniform Guidance, and the regulatory environment that governs federally funded healthcare organizations. We work with health center leadership year-round to keep compliance ahead of the curve.
Adam Schultz, CPA
Principal, Not-For-Profit Industry Leader
Adam has over 14 years of experience in assurance and financial reporting for nonprofit and government-funded organizations, with deep expertise in single audits under OMB Uniform Guidance. As Rea’s Not-For-Profit Industry Leader, he oversees the firm’s FQHC practice.
Ben Antonelli, CPA
Principal
Ben has specialized in assurance services for nonprofit and government-funded organizations since 2004, with extensive experience working directly with FQHCs on financial statement audits, single audits, and employee benefit plan audits.
Jacob Self, CPA
Audit Manager
Jacob works with nonprofit organizations and community health centers s on audit, compliance, and federal reporting – helping finance leaders navigate the regulatory frameworks that govern federal award recipients. Jacob brings clarity to complex federal requirements so FQHC leaders can focus on the mission they’re building toward.
How We Work with FQHCs
Single Audit Expertise
Federal program compliance under Uniform Guidance, scoped around your specific funding mix. We handle this work throughout the year so that findings are timely and useful to your leadership team.
340B Program Experience
340B pharmacy revenue is often the most significant line item in a health center’s budget — and one of the most scrutinized. We bring direct experience with 340B compliance to both the audit process and the strategic conversations around it.
Medicare and Medicaid Cost Reporting
We handle cost report preparation and review alongside the financial statement audit. One firm, one relationship, one team that understands how the pieces connect.
Employee Benefit Plan Audits
Most FQHCs include benefit plan audits in their RFP process. We conduct a significant volume of these annually and handle them as part of the same engagement relationship.
A Deep Bench of Professionals
FQHCs have compliance needs that span audit, tax, IT, and data. As a full-service firm with professionals across all of those disciplines, we bring the right people to the table when the engagement calls for it — without sending you to a separate provider.
A Relationship You’ll Value
We’re responsive, we’re prepared, and we make your team’s job easier. When you have a question, you get an answer. That’s the standard for every engagement, every client, all year.
We Know the Regulatory Landscape
Serving FQHCs requires fluency in a regulatory and funding environment unlike any other nonprofit sector. We work within all of the following frameworks on a regular basis.
HRSA Compliance
OMB Uniform Guidance
Single Audit Act
Medicaid Cost Reporting
Medicare Cost Reporting
340B Drug Pricing Program
FQHC Look-Alike Designation
Ohio Association of Community Health Centers
Employee Benefit Plan Audits (ERISA)
National Association of Community Health Centers
Trusted by Ohio’s FQHC Community
Our team brings direct experience working with a variety of FQHCs and similar not-for-profit healthcare organizations.
Local Expertise. Regional Reach.
We serve FQHCs across Ohio and offices throughout the state. Ohio’s Medicaid program and FQHC regulatory environment have specific characteristics that require advisors with in-state experience.
Other Ways Rea Can Help
Audit & Assurance Services
Independent audits, reviews, and compilations for nonprofit organizations with complex governance and reporting requirements.
Accounting & CFO Services
We offer a suite of services that unlock financial insights, from managing day-to-day accounting tasks to providing strategic financial leadership.
Data Services
Dashboards, reporting tools, and analytics that turn operational data into decisions your board and finance committee can act on.
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