practice management

Successful practice management is comprised of numerous smaller successes such as reducing employee turnover, having the proper systems in place, developing the appropriate policies and procedures for your practice and employing sound billing practices, just to name a few.

Being a specialist in management for the medical and dental professions for over thirty years, we have acquired a specific knowledge base which is invaluable to our clients. A few services we provide are:

- Preparation of annual benchmarking comparison of client profit/loss activity for year with published National/Regional averages as tabulated by our national professional consulting society
- Preparation of periodic analysis of profit to date, tax withholding to date and estimated tax payments made to date. Reviewing with client to determine if changes to tax withholding/ estimate tax payments are necessary
- Meetings with client on periodic basis to review/discuss general business and practice management issues in areas such as employee compensation and fringe benefits and patient fee schedules, including via the phone
- Recommend and implement tax planning strategies as appropriate