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experience
Industry Experience

Your connection to better financial health

In addition to their challenges as health care professionals, doctors, dentists and medical practice groups have to deal with the financial challenges of operating as a business. And with rising costs, declining reimbursement levels and increased regulation, meeting those challenges has never been more difficult.

That’s why the assistance of BSPJ’s medical and dental practice team is more important than ever. Our professionals excel at helping health care providers and group practices meet their financial challenges so they can focus on meeting the health care needs of their patients.

We offer a full range of accounting, tax and advisory services for medical and dental practices — as well as for the individuals in them — that includes:

  • Outsourced bookkeeping and controller services
  • Tax planning and filing
  • Forecasts and strategic planning
  • Practice management and compensation consulting
  • Retirement and succession planning
  • Review of coding, billing, and collection procedures
  • Revenue and performance enhancement

Start improving your financial health. Contact Joe Braver, CPA, at 678-741-2580 or jbraver@bspj.com or Cheryl Clifton, CPA, at 770-955-1065 or cclifton@bspj.com — and connect to service that’s just what you need.

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the Medical / Dental Industry
Health Care Changes are Coming!

The Patient Protection and Affordable Care Act and related Health Care and Education Reconciliation Act were signed into law in March.  There are a lot of tax changes and filing requirements being phased in over the next several years. Below are some changes taking effect that may be of interest.

Tighten Internal Controls with a Year-end Fraud Review

Year-end is a prime time to review your operations for ways that unscrupulous employees or external fraudsters might try to exploit.

Record Retention Guidelines

Good recordkeeping is essential for the financial success of both businesses and individuals.

 

“Medical practitioners are being whipsawed by rising operating and equipment costs on one hand and increasing price resistance by patients and insurers on the other. So their profits are hurting. We reduce that pain by carefully diagnosing their financial condition and goals, and then prescribing ways to make things better.”

 
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