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
Revenue Cycle Acceleration
Business Office Work Flow and Process Assessment
Outsourced Business Office Assessment and Deficiency Correction Plans
Sustainable Compensation Models That Incentivize
Buy-Sell-Merge-Expansion Decision Propositions
Start-up of Entrepreneurial Medical Practices
Employment Agreement Analysis
Successful IT Integration and Implementation
Technology Enhancement and Utilization
Practice Management System Optimization
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