Coordination of Federal and State Income Tax Returns.
W-2 and Form 1099 preparation.
Accounts payable – processing of invoices with checks signed only by authorized physicians.
Payroll and complete tax filing services with direct deposit using a third party payroll service.
Financial Review and Analysis of Financial Statements – Each month our revenue cycle management group will provide a corporate financial report that includes a summary of the group’s income and expenses by cost center.
Budgeting and Cash Flow Support – Our practice management group will develop an annual budget for the group based on projected income and historical expenses. Each quarter, the group will receive a comparison of the group’s actual financial activity to the group’s budget.
Fringe Benefit Design Assistance & Management.
Coordinate with third party entities for health benefits, profit sharing etc.
Insurance and Risk Analysis for appropriate placement of your malpractice coverage.
Coordinate with a third party entities to review appropriate coverage for malpractice coverage, commercial liability, workman’s compensation…