Fractional CFO
Fractional CFO Services for Healthcare & Small Business
CPA-level oversight, tax savings, and financial clarity — without the cost of a full-time CFO.
- CPA firm since 1985
- 25+ years in healthcare
- 5.0 on Google · 15 reviews
Why it matters
Fractional CFO Services for Home Health & Healthcare Agencies in Illinois
Your home health or hospice agency is growing — but you're not ready for the cost of a full-time CFO. Our Fractional CFO service gives Illinois healthcare agencies executive-level financial leadership at a fraction of the cost.
We specialize in home health, hospice, home care, and wound care — which means our CFO oversight is built around how Medicare reimbursement, PDGM billing, and cost-based reporting actually affect your cash flow. Not generic business advice. Not a one-size-fits-all dashboard. Real financial leadership designed for the way your agency operates.
A Fractional CFO service built specifically for home health and hospice agencies.
What your Fractional CFO service includes
CPA Oversight
- We review and oversee your financial activity each month.
- If you’re working with a bookkeeping service, we act as your checks and balances — making sure the numbers are right, reliable, and decision-ready.
Annual Business Tax Preparation
- Handle the preparation and filing of your annual business tax returns.
- Use proactive strategies to minimize tax liability and ensure compliance in the eyes of the government.
Medicare Cost Reporting
- Full preparation and filing of your Medicare cost reports.
- Full preparation and audit assistance for IDOA audits.
Monthly Financial Analysis
- We deliver a clear, easy-to-read financial snapshot.
You'll always know:
- Where your money is going
- Which services are most profitable
- How to cut costs and grow margins
Typical market rates
What these services typically cost when bought separately
These are typical U.S. industry-average rates for each piece, shown for comparison. They are not Soriaga & Associates, LLC’s prices.
| Service | Typical market rate | Monthly equivalent |
|---|---|---|
| CPA oversight & monthly close review$750 / month | $750 / month | $750/mo |
| Financial analysis, KPI dashboards & cash-flow forecasting$650 / month | $650 / month | $650/mo |
| Annual business tax return preparation$1,800 / year | $1,800 / year | $150/mo |
| Medicare cost report preparation (industry average)$3,000 / year | $3,000 / year | $250/mo |
| Combined totalAnnual items divided by 12 | $1,800/mo |
Our Fractional CFO retainer covers all of this for one monthly fee, typically far less than buying each piece separately. Your exact retainer depends on the scope of work. We’ll quote it on your free 20-minute call.
Book a Free 20-Min CallNeed only a cost report? Our own flat fee is $1,599.99 (low or full utilization) or $500 (no utilization). See Medicare cost report filing
What is a fractional CFO for a small business?
A fractional CFO, sometimes called an outsourced CFO, is a senior financial advisor who works with your business part-time instead of as a full-time employee. You get the monthly oversight, reporting, and planning a CFO provides, at a scope that fits a small business.
Our fractional CFO service is for healthcare agency owners and for other small business owners who want a CPA reviewing the numbers every month. It includes monthly CPA oversight of your books, annual business tax preparation, and a monthly financial analysis that shows where your money is going and which services are most profitable.
The service is a monthly retainer, quoted in writing on your free 20-minute call. If you want to start with the basics, see our small business accounting services.
What happens next
- 01
Free 20-minute call
Tell Christian about your agency and what is on your plate. No pitch deck, no pressure.
- 02
Written fee quote
You get a clear written quote for the work before we start. No surprises.
- 03
We handle it
Your CPA team takes it from there and keeps you posted until it is filed.
Client reviews
What our clients say
5.0 from 16 Google reviews
“Soriaga & Associates LLC has expertly handled our Medicare Cost Report preparation and filing for several years. They are reliable professionals ensuring compliance and efficiency in filling out cost reports. They respond quickly to emails and provide proactive support.”
“I've been working with this Accounting firm for many years across multiple companies, and they've consistently delivered exceptional service... a team you can truly depend on.”
“Very professional, completed all our company tasks in a timely manner, we will certainly recommend.”
Free 20-minute call
Ready to Grow Your Business?
Talk directly with Christian Soriaga, CPA. No pitch deck, no obligation.
On the call we’ll cover
- Your situation and what is due next
- Deadlines and filing status
- A clear written fee quote
- Clear next steps, no obligation
Christian Soriaga, CPA
Soriaga & Associates, LLC