Accounting & Tax Services for Medical Practices
Healthcare providers face a uniquely complex financial environment — managing insurance reimbursements, navigating HIPAA compliance, handling medical billing intricacies, and planning for the significant tax burdens that come with physician-level income. Accounting Intelligence serves physicians, dentists, optometrists, chiropractors, and other healthcare professionals with specialized accounting and tax services designed for the medical industry.
We understand how insurance companies process claims, how to analyze accounts receivable aging by payer, and how to identify whether your collection rates are in line with industry benchmarks. Our CPAs help medical practices optimize their billing workflows, reduce denied claims, and improve days-outstanding on receivables — turning better billing performance directly into improved cash flow.
For physician compensation and practice ownership structures, we advise on the tax implications of professional corporation structures, partnership buy-ins and buyouts, retirement plan design (including cash balance plans that can shelter hundreds of thousands in income annually), and practice sale planning. These decisions have long-lasting financial consequences, and having a CPA who understands healthcare-specific rules makes a significant difference.
Medical Practice Services
- Medical practice bookkeeping and financial reporting
- Insurance reimbursement analysis and AR management
- Physician compensation planning and S-Corp structures
- Practice buy-in, buy-out, and merger advisory
- Defined benefit and cash balance plan design
- Medical practice tax preparation and planning
- Healthcare compliance and cost reporting support
Tax preparation and advanced tax planning are provided through Sanderson & Williams, PLLC.
