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Category: Announcements

Accounting & Tax :: Focus on The Healthcare Industry

Our Specialized Focus On The Healthcare Industry:
Depth of knowledge about the accounting and tax issues concerning physician groups, doctors, dentists, assisted living facilities, physical therapists, radiologists and other healthcare related practitioners.

 

The healthcare industry is a highly regulated and
ever changing business environment.

 

G.R. Reid Associates, LLP provides accounting, tax planning, medical billing and compliance expertise to a wide range of healthcare professionals. We pride ourselves on providing personalized service and innovative solutions designed to meet the needs of your healthcare practice. Many physician groups, doctors, dentists, assisted living facilities, physical therapists, radiologists and other healthcare related practitioners, have turned to our CPA firm for financial guidance and medical billing support.

Our knowledge allows us to facilitate informed business strategies, while lowering taxes, reducing costs and maximizing profits so that our clients can focus on patient care.

Professional Oversight and Knowledgeable Insight for the Healthcare Industry
We have guided our clients through the complex issues of managed care, government regulation and intervention, and the business of practice management. We understand that the financial success of a practice is no longer solely dependent upon the skills of the medical or dental professional. G.R. Reid Associates, LLP has helped our clients track revenue, improve cash flow, and enhance profitability—all while allowing doctors more time to devote to their patients.

Making the Complex Simple:  Our Approach to Healthcare Accounting
Our client relationships are forged through frequent and open access to our partners, combined with a vast array of expertise and creative problem solving. With G.R. Reid Associates, LLP, you will be advised by experts who not only understand the importance of high quality service, but who also speak your language. Our work may be technically involved, yet our conclusions and recommendations are presented in plain English.

Services for Group Healthcare Practices:

  • Expert business advisory services
  • Practice valuation
    Mergers & acquisitions
  • Buy / sell agreements
  • Compensation formulation
  • Employee incentive/benefit plan evaluation and design
  • Practice expansion strategies
  • Initiate ongoing tax planning designed to minimize your taxes, meet your financial objectives and make sure you are keeping more of your hard-earned profits.
  • Provide you with consulting and advisory services that help simplify complex operational and management issues so you can make better decisions.
  • Improve your medical billing and collection process to make it more efficient resulting in increased cash flow and revenues for your practice.
  • Practice assessment and benchmarking

For more information and to speak with us about our services, please contact us.

 

 

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