- Industries
- Healthcare
Healthcare
Specializing in medical, dental, and vision practices
Healthcare Practices continue to experience increased regulations and competition, operational and clinical challenges, decreasing reimbursement, and fluctuating market factors. Our team of professionals are available to help you navigate these challenges and improve efficiencies and profitability.
Our experience in the healthcare industry allows us to offer more than the standard accounting and tax services. Strategic planning, compliance, succession planning, and outsourced accounting are some of the additional services we provide to maximize your practice's success.
We provide assistance in the following areas:
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Benchmarking analyzes your practice's performance and compares it to others in your industry, evaluates specific work processes, costs, and compensation levels, and assesses billing and collection outcomes.
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We help your practice operate more profitably by assessing your appointment and scheduling systems, improving billing and collection policies, developing and managing ambulatory surgery centers, measuring clinical outcomes and efficiencies, and improving patient flow systems.
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Creating profit maximization strategies for healthcare providers includes assistance in billing and collections, managed care plan participation, revenue enhancement, denial management, coding and documentation, physician and staff compensation, retirement and succession planning, practice valuation, and many other challenges.
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Protecting your practice as it navigates an increasingly hostile regulatory environment includes assistance with Medicare compliance plans, billing and compliance audits, HIPAA requirements, federal anti-kickback statutes, OSHA safety programs, and patient and workplace safety programs.
Does your accounting team need an extra hand?
Whether you are looking to outsource your bookkeeping or you need a controller to assist with making strategic business decisions, our Outsourced Accounting professionals can provide you with accurate information, streamlined accounting processes, and new technology that can improve your profitability and efficiencies.
Learn about Outsourced AccountingTax Services for Healthcare Practices
- State & Local Tax (SALT)
- Sales & Use Tax
- Tax planning and preparation
- Tax resolution
- Payroll and Employment Tax
- R&D Tax Credit
- Industry specific tax deductions and credits
- Tax deferred exchanges
- Tax minimization strategies
- Depreciation strategies
- Cost Segregation Studies
- Estate and Gift Tax planning
- IRS audit assistance
Assurance Services for Healthcare Practices
- Employee Benefit Plan Audits
- Fraud investigation & forensic accounting
- Financial statement preparation
- Examinations
- Forecasts and projections
Advisory Services for Healthcare Practices
- Technology advisory
- Management advisory
- Lease vs. purchase analysis
- Cash flow analysis
- Employee Benefit Plan Advisory
- Sales & Use Tax consulting
- Financial due diligence
- Benchmarking
- Income Tax Nexus Studies
- Entity formation and selection
- Entity structure analysis
- Internal Control Studies
- Financing assistance
Outsourced Accounting for Healthcare Practices
- Payroll assessment and administration
- Selection, implementation, and operation of accounting software