Physician Accounting Services

Save on taxes or streamline your physician practice's bookkeeping

We Optimize Businesses

As a physician practice, having an experienced CPA on your core team is indispensable. With expert physician accounting services, you don’t have to take on the responsibility of maintaining your practice’s accounting tasks, including bookkeeping, tax planning, and software solutions. If these aren’t areas you are very proficient in, you could be leaving a great deal of money on the table, especially during tax preparation. You may not be able to see the threats and opportunities in your company’s data that an experienced accountant and CFO would be able to spot.

In today’s economic climate, it is hugely counter-productive for businesses to try and do everything in-house. You need a real medical practice accountant who is technically proficient and proactive about identifying tax savings.

What We Do

We work closely with many different types of medical practice physicians in all stages of their careers. Whether you are just starting your career, been in practice for many years, joining a practice, or even purchasing a new practice. We understand the business complexities that exist in the different kinds of physician practices, and we use this knowledge to ensure that our clients are set up for efficient financial success. Fusion CPA applies our experience and resources to help you identify opportunities to achieve your goals, provide operational efficiency through effective workflows and processes, and increase profits for your firm.

Physician Practice Services:

Ongoing accounting for your physician practice
Physician practice management software solutions and integrating them with your accounting platform
Physician practice revenue and collections pattern monitoring
Identifying key metrics and benchmarking your physician practice against industry standards
Establish best practice financial reporting to suit your goals
Examine financial reports to create a road map for strategic reinvestment opportunities
Accounts receivable management
Strategic quarterly and annual tax planning to minimize tax liabilities for physician practice owners and investors
Growth strategies (from Mergers and Acquisitions to Organic growth)
Identifying the most advantageous form of professional practice (proprietorship, corporation, partnership, or limited liability company)
Cash versus Accrual, Federal & Multi-State tax planning, and compliance
Succession and ownership transfer planning (internal installment buyouts, etc)

Accounting and Practice Management Software

Are you using the right accounting and practice management software? We will work with you to help you find one that reduces your risk by automating processes such as inventory management, accounts receivable, and vendor management.

Our software integration methods take your current financial situation and future goals into consideration. Any business can benefit from cloud accounting software as it gives your team an up-to-date view of the health of the business. In healthcare, accurate accounting data is paramount to your success as it prevents costly errors and our accountants can use the data to determine where you can focus your spending.

We’re passionate about technology and we can help you choose, integrate and optimize the best solutions for your needs. We’ve helped companies integrate KPIs and process tracking tools to help them get clarity on the detail in their company and to ensure that all team members are clear on what they need to do to reach their goals.

Software We Recommend

We Streamline Tedious Accounting Tasks and Help You Grow Revenue

Let's Help Your Practice Thrive

Most CPAs only put the numbers in the forms. What I love about these guys is they really understand my business. They work with our team so we understand our financial picture at all times and help us run our business. They are entrepreneurs and they understand entrepreneurs. They take care of my multi-company corp bookkeeping, corp/personal tax prep and strategic growth planning.
Thor C, Yelp reviewer

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Physician Specialty Areas

Our team has assisted many kinds of physician practices, including:

NEUROLOGY

SURGERY

DERMATOLOGY

PEDIATRIC DENTISTRY

GYNECOLOGY

UROLOGY

PSYCHIATRY

RHEUMATOLOGY

HEMATOLOGY

ENDOCRINOLOGY

PREVENTATIVE MEDICINE

ONCOLOGY

Get the best in physician practice accounting services

Talk to our friendly staff about your needs and let’s see where we can help your practice