Medical Practice Accounting

Accounting for doctors and dentistsRichard P. Reid, CPA has a healthcare industry team of CPAs and accountants who are dedicated to working with and understanding all types of medical and healthcare businesses. We provide industry-specific support and guidance based on your organizations long-term goals and assist with strategic planning to support those goals.

Our services allow our healthcare clients to provide high-quality patient care without compromising the bottom line. In addition to our accounting and tax services, we provide support in revenue growth, operational management and wealth management.

We work with many different medical practices and healthcare businesses including:

  • Physicians
  • Dentists
  • Multi-specialty practices
  • Medical research institutions
  • Nursing homes

Our core healthcare industry services include:

  • Accounting
  • Bookkeeping
  • Tax planning and compliance
  • Business consulting
  • Business plans and financing assistance
  • Budgeting and monitoring
  • Cash requirements and projection tools
  • Reimbursement consulting
  • Billing services performance review
  • Charge structure assessment
  • Fee schedule development
  • Mergers and acquisitions
  • Cost controls
  • Process improvement
  • Cost/benefit analysis of medical equipment
  • Physician compensation design and computation services
  • Contract review, analysis and negotiation
  • Retirement plan design services
  • Regulatory compliance

Request a Proposal or call our office today at 801-373-1100 to discuss your needs with one of our healthcare industry experts.