Physicians Practice
Are you interested in starting your own practice? You have come to the right place! We can help set you up with an office in accordance to your preferences and specifications at a price you can afford. For a good startup practice you will need suitable equipment as well without losing too much of your capital. We can help you locate and negotiate on this equipment to make sure you get the best possible deal out of it and assist you in every step of planning. A business requires attention in several sectors and we can help you manage those sectors while you focus entirely on your patients.
CPA for Physicians
You didn’t get into medicine to invest a large portion of your valuable time managing the business side of healthcare; yet in stark reality every decision you make impacts your personal and professional finances.
At Smith & Smith & Ruiz CPA’s, an Arlington, Dallas & Seagoville Texas CPA Firm, we provide a wide variety of accounting and financial management services for physicians, other healthcare professionals. Our services are designed to simplify the process for you by providing comprehensive accounting, tax,bookkeeping,payroll and financial management services.
At Smith & Smith & Ruiz CPAs, along with the access you need, we also provide guidance headed by a team of advisors who are fluent with in-depth knowledge of the inevitable challenges and their solutions.
Smith & Smith & Ruiz CPAs will work with you closely to understand every aspect of your revenue cycle and workflow to help you uncover opportunities for development, improvement and acceleration. We’ll help you select the right technologies and offer you tools to make the most of it. We’ll make sure that the bottom line is protected and your valuable time is not wasted so that you can focus more on patient care.
As your practice prospers, we’ll be there, with answers to all relevant queries. We’ll always guide you through several ongoing challenges, including tax planning, revenue cycle acceleration, and preparation for retirement and even complex practice valuations such as selling practice or hospital integration.
If your practice is affected, Smith & Smith & Ruiz CPAs can help in optimizing it.
Services for physicians include
Tax Planning and Compliance
Strategic Tax Forecasts
Comprehensive Business-Personal Services
Operational Effectiveness and Profitability
Operational Assessments and Workflow Redesign
Staff Training to Improve Revenue Throughput
Rightsizing Strategy and Implementation
Managed Care Contracting to Optimize Opportunities
Fraud Detection
Revenue Cycle Acceleration
Business Office Work Flow and Process Assessment
Outsourced Business Office Assessment and Deficiency Correction Plans
Interim Management
Strategic Positioning
Sustainable Compensation Models That Incentivize
Buy-Sell-Merge-Expansion Decision Propositions
Start-up of Entrepreneurial Medical Practices
Practice Valuation
Physician-Hospital Success
Employment Agreement Analysis
Successful IT Integration and Implementation
Technology Enhancement and Utilization
Practice Management System Optimization
Multisystem Integration
Implementation
Comprehensive Accounting
QuickBooks® Consulting
Payroll Preparation and Tax Reporting
Accounting System Consultation, Implementation and Training
Sales and Use Tax-Related Consulting
Turnkey Controllership Services
Employee Benefit Plan Administration
Financial Statement Analysis and Preparation
Business Plan Development