As Allermi grew to eight figures in revenue, their complex multi-entity business model created significant financial management challenges. Initially using a small local family office accounting firm, the company’s expanding operations demanded more sophisticated financial infrastructure. The multi-tiered corporate structure required specialized expertise that their previous solution couldn’t provide, leading to non-standardized financial reporting and messy accounting that would hinder future financing rounds or exit opportunities.

Graphite stepped in with a comprehensive outsourced finance solution specifically designed for multi-entity healthcare companies. Unlike their previous provider, Graphite brought deep experience with complex healthcare corporate structures, particularly the MSO/PC arrangement common in telehealth. The solution integrated tax services, FP&A, and bookkeeping under one roof, eliminating the inefficiency of translating between different financial service providers.

Key components of Graphite’s solution included:

• Implementation of GAAP-compliant financial processes across all entities
• Comprehensive tax strategy tailored to Allermi’s complex structure
• Modern communication systems using Slack for responsive support
• Clear financial guidance for non-financial leadership
• Consolidated reporting across multiple entities

A standout aspect of the partnership was Graphite’s responsiveness and clarity in communication, particularly valuable for leadership without deep financial backgrounds. The team prioritized explaining complex financial concepts clearly while providing expert guidance on healthcare-specific financial challenges.