Product Groups, Gross Profit, Controlling—What Really Matters
Industry: Nursing Care, Senior Services & Medical Supply Stores
Specialized consulting for organizations facing stringent regulatory and economic requirements—from inception through succession planning.
Care facilities, senior services, and medical supply stores face unique challenges:
We have been advising companies in these sectors for many years—from startup through growth to succession—with a clear focus on reliable financial data, legally compliant processes, and improved corporate governance.
Partner, Lawyer, Specialist lawyer for tax law
Balingen
Partner, Tax Consultant
Tübingen
Care and senior services are characterized by stringent regulatory requirements, complex billing structures, and intensive staffing. We help you streamline your processes, reliably meet legal requirements, and manage your operations successfully from a financial perspective.
Our areas of focus:
Medical supply stores operate in a dynamic market environment characterized by strict requirements from health insurance companies, complex product structures, and increasing market consolidation.
We have been supporting medical supply stores for decades and understand the industry-specific requirements down to the last detail.
Our areas of focus:
This is precisely where our specialized consulting services come in.
Our clients benefit from our deep expertise and many years of experience in advising healthcare organizations.
No other tax advisor or auditor has been able to impress us as much with their expertise. No one else has better understood the challenges we face as entrepreneurs in this industry.
Owner of a medical supply store, a client of the PKF Wulf Group for over 40 years
We, as your partner
Industry Expertise
With our extensive experience in the renewable energy sector, we offer sound advice that takes into account both tax and business management considerations.
Global Expertise
Thanks to our international network, we offer global tax advisory and auditing services that enable you to invest successfully across borders.
Customized Solutions
Our advice is tailored to your specific projects and financial structures, from the initial project concept through to final tax planning and implementation.
Successful Project Implementation
We support you through every phase of your projects—from development and commissioning to long-term tax planning and portfolio optimization.
Product Groups, Gross Profit, Controlling—What Really Matters
Ensuring a Successful Succession at a Medical Supply Store
A Simple Overview of Outpatient and Inpatient Care Facilities and Care Services
Care & Senior Services
The Long-Term Care Accounting Regulation (PBV) sets forth binding requirements for the accounting practices of long-term care facilities.
Specifically, this applies to:
For managing directors, this means: The PBV directly determines the quality of your financial data and, consequently, your ability to manage the organization.
The PBV requires the implementation of a structured cost and performance accounting system.
When implemented correctly, it enables:
Companies that actively use the PBV manage their finances with significantly greater precision.
Typical areas of risk include:
These issues often lead to back payments and are typical areas of scrutiny during tax audits.
Long-term care services may be tax-exempt under certain conditions—but not across the board.
The following factors are decisive:
An incorrect classification directly affects the tax burden and input tax deduction.
Labor costs are the largest expense category in long-term care facilities.
Crucial for business owners:
Payroll processing is therefore a central component of corporate management.
As soon as a company grows or more complex structures emerge.
Typical triggers:
Specialized tax consulting for home care services provides peace of mind and a better basis for decision-making.
Medical supply stores need an accounting system that goes beyond traditional financial accounting.
Key requirements include:
The goal is an accounting system that enables financial control and corporate management.
The following are particularly relevant for financial management:
These key figures must be directly derivable from the accounting records.
Typical weaknesses include:
These factors directly impact profitability and enterprise value.
The following are crucial:
Well-prepared companies generally achieve better results in the sales process.
A specialized tax advisor does more than just traditional bookkeeping:
Industry knowledge is a key factor for success here.