Healthcare professionals working within existing healthcare systems across the state are drowning in paperwork and regulations, all while facing increasing costs, decreasing reimbursements, and the challenge of organizing their financial reporting.
On top of that, they need to keep up with the latest medical news, provide top patient care, and grow their practice. That’s a heavy burden to carry. TPI Group can help lighten the load.
TPI provides specialized tax and accounting services for healthcare professionals that improve cash flow and minimize taxes. Because we want your practice to be as healthy as your patients, we will provide you with guidance and tools based on your specific needs.
From handling cash flow to presenting you with structured financial reports, at the end of the day, our goal is to help you build a more profitable healthcare practice.
We deliver insightful, solutions-oriented medical and dental accounting services. The larger your healthcare organization is, the more we are dedicated to crafting unique healthcare accounting solutions that are in compliance with dynamic accounting regulations.
Our focus is always on your financial health, whether we do bookkeeping, payroll management, or other accounting services, such as:
- Accounting system set-up, implementation, and management
- Bookkeeping
- Billing, insurance and accounts receivable management
- Cash flow and resource management
- Debt restructuring
- Employee compensation, benefit plans and audits
- Financial statement forecasts and projections
- Medical practice valuations
- Payroll
- Business plan development and financial modeling
- Business loan assistance
- Budget planning
- Succession planning
- Retirement planning
- Corporate, partnership, and individual tax services
- Proactive identification of industry-unique tax planning opportunities
- Representation before federal, state, and local taxing authorities
- Mergers and acquisitions structuring
- Tax minimization, planning, and preparation
- Entity selection (LLC, S Corp, C Corp)
- Strategic planning
- Practice start-up consultation
- Contract review and negotiation
- Capital acquisition planning
- Equipment lease vs. buy analysis
- HIPAA/compliance
- Operational review
- Real estate sale or purchase
As you can see, we provide our clients with all of the financial resources they need from starting up to maintaining to selling their business.
TPI Group offers healthcare accounting services to a variety of businesses, including:
- Physicians’ medical practice
- Nursing home facilities
- Residential care facilities
- Medical laboratories
- Continuing care retirement communities
- General medical and surgical hospitals
- Ambulatory healthcare services
- Home healthcare services
With our expertise, healthcare providers can easily prepare their financial statements for stakeholders and the public. We reduce your risk of not being in compliance with tax laws. When issues arise, TPI is there to work with the IRS on your behalf.
Everyone is dependent upon healthcare businesses and TPI Group is proud to organize and maintain their financial affairs so that their business continues to run smoothly. Our tax specialists can assess your financial situation and advise you on the healthcare accounting services that will be most beneficial for you.
If you run a small business in the healthcare sector, Contact us for more information on how to ensure your compliance with relevant tax laws.