General Practice Accounting
Financial Forecasting and Projections
Medical Practice Internal Control
Reporting of Historical Financial Information
Accounts Receivable Management Services
Design Compensation Arrangements
Review of Managed Care Contracts
Strategic Planning
Mergers, Acquisitions, Roll-Ups, and Roll-Outs
Lease/Purchase
Preparation of Financing Application Packages
Practice Revenue Audits
If you need expert help managing your medical practice or healthcare organization, Portney & Company, Certified Public Accountants & Business Consultants can help. As a public accounting and business consulting firm fully experienced in the needs of new, growing, and mature practices, we have the experience that you are looking for in order to fill the special financial and operational needs of your medical practice. Throughout medical school and specialized training, physicians receive the necessary education and experience to properly care for their patients – but rarely are properly trained to deal with the financial requirements of a medical business. Many problems plague medical practices, among them are:
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improper record keeping
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overlooked tax laws
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improper billing procedures
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inept office procedures
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inadequate staff policies
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understanding managed care contracts
The proper financial administration of a medical practice is a full-time job - not something that a dedicated healthcare professional can usually add to his/her already jam-packed day. We work with medical professionals of all disciplines to assist them and their office staff at the levels that they require in order to run an office and practice efficiently, and to maximize their net profits and net after tax profits.
Many of our physician clients ask us to provide them with assistance in the following areas:
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general and specific bookkeeping and accounting services
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business and administrative consulting
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computer accounting software consulting
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personnel consulting
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training and education of personnel
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start up practice assistance
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caring for the thriving practice
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turning around financially challenged practices into profitable enterprises
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practice valuation
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tax, estate and retirement planning
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determining if a managed care organization fits your needs
The accounting + specialty medical consulting services that we are able to offer Doctors is unique among accounting firms. Isn't it about time your practice had a checkup from trained professionals? Let us help your practice stay healthy through preventative financial care. If you would like more information about this specialty, please either e-mail or phone
help@portney.com or 201-862-0500
