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The increasing challenges of the healthcare industry demand specialized skills in strategic development and implementation, practice due diligence, financial planning, operational management and clinical best practices to achieve optimal levels of performance and quality assurance. Today’s healthcare leaders must be proactive, making astute and informed decisions that are aligned with an organization’s stakeholders. With so many issues to keep abreast of, healthcare providers require expert advice to remain competitive and successful.

Ensuring efficient practice management is complicated and a constant source of anxiety for healthcare providers. Staffing, maximizing reimbursement, adding new clinical services, and improving patient throughput are just a few areas which require targeted business expertise in medical practice management. Add to the mix the need for a working knowledge of healthcare law, taxation, and industry trends, the process of effectively managing a practice becomes daunting.

At Professional Accounting we take the financial worry out of healthcare providers’ daily lives and let them focus on patient care. Our risk management services help practices develop creative solutions to the most pressing management, financial, regulatory and compliance issues, and we assist physicians in designing and implementing strategies to improve the quality of their service and the overall financial health of their practices.

Our integrated team of compliance specialists, financial experts, certified public accountants, clinicians and licensed health professionals provides the research, guidance and framework necessary to grow healthcare practices and optimize their profitability. Professional Accounting serves the entire New York Metro Area, including New York City, Long Island, New Jersey, Connecticut, and Pennsylvania, as well as clients across the country. We have assisted clients in managing their clinical, operational and financial aspects of their organizations, in areas such as:

Practice Management
 
Strategic Planning and Implementation
Merger and Acquisition (M&A) Due Diligence and Integration
Governance, Leadership an Organization
Comprehensive Operational Assessment
  Physician Management
 
Physician Compensation
Physician Benefit Packages
Succession Planning and Physician Buyouts
  Clinical Operations
 
Provider Throughput Enhancement
Ancillary and New Clinical Service Assessment
EHR Selection and Template Design
Physician Quality Reporting System
E-prescribing
  Financial Management
 
Tax Compliance and Planning
Accounting Services
Financial Statement Assurance Services
  Risk Management
 
Coding Reviews
Documentation Audits
Compliance Plans
  Human Resource Management
 
Employee Handbook
Personnel Policies
Employee Performance Evaluations
Staffing Assessments
Employee Benefits
  Compliance Operations Review
 
OMIG Risk Assessment Review and Preparation
Compliance Program, Policies and Procedures
Operational Risk Assessment
Education and Training for Management and Staff
HIPAA Privacy and Security Implementation
   
 


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