More and more medical groups, including small practices and home healthcare, are tapping accountants for expanded services. Why? At the end of the day, a medical practice is a business.
Having accounting and payroll services by your side builds a solid foundation for evaluating the health of your business and provides access to financial tools to make informed decisions on important benchmarks in the healthcare industry. In addition to handling the basics, like bookkeeping, monthly statements, payroll, and taxes, some accounting services also include structured business advice on compensation trends, profitability, and operating budgets.
Not all accountants, however, are created equal. Finding the right fit for your practice is a crucial step in the process.