Walters & Associates

What Walters & Associates does

Walters & Associates CPAs is a privately held, founder-owned certified public accounting firm headquartered in Sarasota, Florida, with a second office in Clearwater. Founded in 1999, the firm specializes exclusively in healthcare accounting services for home health agencies and hospice providers, offering audit and assurance, tax planning and preparation, Medicare and Medicaid cost reporting, employee benefit plan audits (delivered under its PCAOB Registered Firm status), outsourced bookkeeping, hospice cap accounting, and AHCA financial projection services for Florida licensure. The firm also operates a wealth management sub-brand, Walters Advisors, that provides asset and financial planning services to clients.

The business model is project- and engagement-based professional services, with quote-based pricing that varies by client size, regulatory complexity, and engagement scope. Go-to-market is sales-led, combining direct outreach via phone and email, a website inquiry channel, and content marketing (regulatory blog articles, LinkedIn presence) targeting decision-makers at Florida-anchored and U.S.-based healthcare providers. The firm cites track-record metrics including 500+ AHCA financial projections submitted without denials and a 100% success rate in CAP Liability Report preparation, and holds affiliations with AICPA, FICPA, the Florida Health Care Association, and the Home Care Association of Florida, alongside workflow ties to CMS-approved CAHPS vendors and hospice accreditors (ACHC, CHAP, Joint Commission).

The firm is bootstrapped with no disclosed institutional or PE/VC ownership, no subsidiaries, and no acquired entities. Headcount is reported in the 11–50 employee range, and operations are described as nationwide in reach though Florida-centric in physical footprint. There is no evidence of public listing, M&A activity, regulatory actions against the firm, or external capital raises in the available data.

Name

Walters & Associates

Legal name

Walters & Associates CPAs

Website

https://waltersaccounting.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

11–50 employees

Short description

Walters & Associates CPAs is a founder-owned Florida CPA firm that provides audit, tax, Medicare cost reporting, hospice cap, AHCA licensing, and employee benefit plan audit services exclusively to U.S. home health and hospice providers, plus wealth management via its Walters Advisors sub-brand.

Ownership category

akta.pro rank

Headquarters

HQ city

Bradenton

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Professional Accounting Services: CPA firm providing audit, assurance, tax planning, and accounting services to healthcare organizations. Revenue generated through professional service fees for ongoing accounting engagements, project-based consulting, and annual audit/reporting services.
2. Wealth Management Services: Financial planning and wealth management services for clients, operated through affiliated entity waltersadvisors.com.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Walters & Associates CPAs is a certified public accounting firm that provides specialized accounting, tax, audit, and financial compliance services to healthcare organizations with a focus on home health agencies and hospice providers. Core offerings include Medicare/Medicaid cost reporting, hospice cap accounting, AHCA financial projection submissions, employee benefit plan audits, tax planning and preparation, outsourced accounting, and assurance services, with wealth management delivered through the Walters Advisors sub-brand.

Product overview

Walters & Associates CPAs is an accounting firm offering specialized professional services for home health and hospice organizations. Their portfolio consists of eight distinct service offerings: Audit & Assurance Services (including PCAOB-registered employee benefit plan audits), Tax Planning & Preparation, Medicare & Medicaid Cost Reporting, Employee Benefit Plan Audit Services, Outsourced Accounting Services (bookkeeping), Hospice Cap Accounting Services, AHCA Financial Projection Accounting Services, and Wealth Management (operated through WaltersAdvisors.com). The firm primarily serves healthcare providers in Florida, offering regulatory compliance and financial coordination services.

Differentiator

Problem solved

Functional benefit

Brands

• Walters Advisors: Wealth management division of Walters & Associates offering tailored guidance on nurturing and safeguarding assets.

Products and services

• Audit & Assurance Services Year-end audit and assurance engagements delivered by a PCAOB Registered CPA firm to healthcare organizations including home health agencies, hospice providers, and other healthcare entities.
• AHCA Financial Projection Accounting Services Certified preparation and submission of AHCA financial projections required for home health licensure in the state of Florida, supporting healthcare providers through the licensing process.
• Hospice Cap Accounting Services Specialized hospice cap accounting and CAP Liability determinations for hospice providers, designed to manage regulatory cap exposure under Medicare hospice reimbursement rules.
• Outsourced Accounting Services Outsourced accounting and bookkeeping service providing ongoing back-office finance functions for healthcare organizations that prefer to delegate day-to-day accounting tasks to a specialist firm.
• Employee Benefit Plan Audit Services Annual audits of employee benefit plans performed under the firm's PCAOB Registered credentials, satisfying ERISA audit requirements for healthcare employers and other plan sponsors.
• Medicare & Medicaid Cost Reporting Preparation of Medicare and Medicaid cost reports for home health and hospice providers across the United States, supporting reimbursement accuracy and regulatory compliance.
• Tax Planning & Preparation Business and personal tax planning, preparation, and advisory services for healthcare business owners and their organizations, integrating healthcare-specific tax issues with personal wealth planning.
• Wealth Management (Walters Advisors) Wealth management and personal financial planning offered through the Walters Advisors sub-brand, targeting owners and operators of healthcare businesses.

Quantifiable outcome

• 500+ AHCA financial projections submitted without denials
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core and supporting.

• American Institute of CPAs (AICPA)coreOthersProfessional membership affiliation providing access to standards, guidance, and professional development resources for CPAs. Enhances firm credibility and ensures adherence to professional accounting standards.
• Florida Institute of CPAs (FICPA)coreOthersState-level CPA professional association providing networking, education, and advocacy for Florida accounting professionals. Supports local market positioning and regulatory awareness.
• Florida Health Care AssociationcoreOthersState healthcare association representing long-term care providers including skilled nursing and assisted living facilities. Logo displayed on website indicating partnership/membership.
• Home Care Association of Florida (HCAF)coreOthersState association representing home health agencies and providers. Logo displayed indicating active membership and collaboration.
• CMS-Approved CAHPS Survey VendorssupportingTechnology or IntegrationPartnership with CMS-approved Consumer Assessment of Healthcare Providers and Systems survey vendors for hospice quality reporting compliance
• CMS-Approved Hospice Accrediting Organizations (ACHC, CHAP, Joint Commission)supportingStrategic or Co-development PartnerAccrediting bodies for Medicare hospice certification. The firm assists clients in preparing for and maintaining accreditation status with these organizations.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• HORNE LLP: Mississippi-based accounting and advisory firm with a large healthcare practice focused on hospitals, health systems, and post-acute care providers. Comparable as a mid-sized regional firm offering healthcare-specific audit, reimbursement, and compliance services.
• Dooley & Associates CPAs: Small-to-mid-sized CPA firm specializing in accounting, audit, and consulting for home health, hospice, and behavioral health providers. Closely comparable in size, vertical focus, and service mix to Walters & Associates.
• Blue & Co. Regional CPA and advisory firm with a dedicated healthcare practice serving hospitals, physician groups, and senior living providers across the Midwest. Directly comparable as a mid-sized accounting firm specializing in healthcare regulatory and reimbursement work.
• LBMC Healthcare Advisors: Tennessee-based accounting and advisory firm with a dedicated healthcare practice serving hospitals, physician practices, and post-acute providers. Comparable as a mid-sized firm with healthcare-specialized audit, tax, and reimbursement services.

Broad incumbents

• Eide Bailly LLP: Top-25 U.S. accounting firm with a dedicated healthcare practice serving hospitals, clinics, and senior care providers. Comparable as a larger full-service firm offering healthcare-specific audit, tax, and reimbursement services to provider organizations.
• CliftonLarsonAllen (CLA): Top-10 U.S. accounting firm with a significant healthcare practice focused on senior living, home health, and physician groups. Comparable as a larger CPA offering healthcare reimbursement, cost report, and audit services to provider organizations.
• Plante Moran: Major U.S. accounting and consulting firm with a healthcare group serving hospitals, health systems, and post-acute providers. Comparable as a larger competitor offering Medicare cost reporting, reimbursement, and audit services across healthcare verticals.
• Wipfli LLP: Top-20 U.S. accounting and advisory firm with a sizable healthcare practice covering senior living, home health, and hospice providers. Comparable as a larger-scale firm offering Medicare cost reporting, audits, and regulatory compliance services to the same verticals.
• FORVIS (formerly BKD): Top-10 U.S. accounting firm resulting from the BKD + Dixon Hughes Goodman merger, with one of the largest healthcare consulting practices in the country. Comparable as a full-service firm offering healthcare reimbursement, audit, and tax services to providers including home health and hospice.

Emerging players

• Healthcare Financial Resources: Specialized healthcare consulting and accounting firm focused on home health and hospice providers, offering cost report preparation, cap analysis, and regulatory support. Comparable as a niche-focused competitor in the same vertical with overlapping service offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Walters-Associates-CPAs-301825169937214
• LinkedInlinkedin.com/company/walters-associates-cpas

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Walters & Associates