Health Care and Medical Accounting Services

About Health Care Accounting Services

The focal point of your health care practice centers on patient care, but the complexities of managing your practice continue to expand with ever-increasing government and third-party regulations and changes. Whether you are in an individual practice, a group practice or an employment arrangement, you must have access to sound financial information in order to make wise business and personal decisions.

You may not have the time, energy or expertise needed to confront the issues facing your practice each day. SSB’s team of accounting professionals with specialized knowledge in health care can help you develop and implement effective solutions to those issues. We are what you need—reliable, available, timely and competent.

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We recognize that your practice is distinct in its operation—one-size-fits-all solutions will not work for you—and we tailor our services specifically to your practice. Each element of your practice is significant and must be coordinated with the other aspects of your life, including balance sheets and financial reports.

Wealth-building Services

Business continuation/succession planning
Analysis of potential acquisitions and mergers
Estate planning

Tax Services

Coordination of business and personal tax planning
Compensation structures and enhancement
Benefits and retirement planning

Practice Management Services

Revenue enhancement
Embezzlement control analysis
New practice setup
Design and implementation of office/personnel procedures
Selection and implementation of billing systems
Medical practice valuation
Review of hospital employment contracts
Physician buy-in/buy-out
Analysis of financial trends in the health care industry

Financial Services

Cash flow analysis
Budgeting
Accounts receivable review and control
Preparation of financial statements based on generally accepted accounting principles.
Assistance with financing of a new or existing practice, including insurance companies and health care organizations.