Healthcare

Caring for the health of your patients and business

The practice of medicine is about more than just patient care. It’s also about the care of the practice relative to its financial security and stability. Even though you went to school to study medicine rather than how to run a business, the business side is equally as important.

Today’s healthcare terrain is marked by relentless change, an evolution that’s cemented itself as the enduring fabric of the industry. Managing a medical institution, be it a standalone practice or a specialized organization, has never been more demanding. From regulatory reforms and compliance measures to navigating Medicare, reimbursement policies, stringent record-keeping, narrow profit outlooks and the escalating need for detailed patient data – the strain on healthcare professionals is overwhelming.

Having a trusted advisor by your side to help navigate these tricky waters is imperative. The right principal should know about all parts of your healthcare business, relieve the burden of running your operations and help you refocus your energy on helping patients.

Scientific research changes medical techniques, much like innovation in the industry is shifting the way healthcare businesses are run. Embrace the disruption and launch your practice into the future.

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A HEALCARE PROVIDER’S PERSPECTIVE…

“[Their] responses to questions are always straightforward, accurate and come researched with comparisons, which I find helpful.”

Jerry Terio – Adelda Health, Inc., West Palm Beach, FL

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Solutions for Healthcare

Agreed Upon Procedures, Review and Compilations

Services for providing insight into the accuracy and validity of your physician practice or group’s accounting and financial information to discover and correct issues, install controls, assist with financial decision making and respond to 3rd party financial information requests.

Learn More about agreed upon procedures and reviews and compilations.

Business Advisory and Consulting

For healthcare practice or groups seeking guidance in areas such as strategic planning, growth opportunities, business transformations, or selling, merging or transitioning their businesses.

Learn more about business advisory and consulting services.

Outsourced Client Accounting

For healthcare practices or groups seeking to make managing their business easier via outsourcing back-office accounting functions like:

Payroll
Accounts payable and accounts receivable
Analyzing areas for automation
Implementing cloud-based solutions
Training staff on new software and procedures

Learn more about how physicians use outsourced accounting.

Tax Planning and Compliance for Businesses

Tax minimization strategies and tactics at the corporate level with a focus on capturing relevant federal and state incentives, credits and deductions for healthcare practice or groups.

Learn more about tax and compliance for businesses.

Tax Planning and Compliance for Individuals

Tax minimization strategies and tactics for healthcare practices or groups with a focus on opportunities under the new Tax Cut and Jobs Act and recent changes to state tax requirements. We also help with tax strategies related to succession planning and exiting the business.

Learn more about individual tax planning and compliance.

Technology

For healthcare practices or groups seeking technology support to help streamline and enhance their business operations while securing valuable patient data from bad actors and cyber threats.

Learn more about technology services.

Wealth Management

We help physicians like you develop and implement customized strategies for achieving long-term goals, strengthening your financial security and maintaining your quality of life.

Learn more about wealth management services.

Healthcare Insights

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Proposed Increase for Exempt Employees Minimum Salaries