Healthcare: Medical/Dental Practices

BlumShapiro has extensive experience with both non- and for-profit clients in the healthcare industry, including more than 50 medical or dental practices ranging in size from the sole practitioner to multi-physician groups. We provide a full range of accounting, auditing, tax and advisory services to these clients and have a dedicated healthcare practice to handle this industry’s diverse needs. Our services include:

Accounting and Tax Services

Tax Planning
Financial Accounting
Employee Benefits
Pension Plans
Estate Planning
Compensation Planning
Practice Valuations
Staff Training
Audits

Mergers and Acquisitions

Physician Compensation
Employment Contracts
Buy/Sell Agreements
Merger/Acquisition Facilitation
Budget Preparation and Forecasts

Employee Recruitment (through Creative Financial Staffing of Connecticut)

Advertisement of Positions
Candidate Screening
Contract Negotiations

Business Technology Services (through BlumShapiro Consulting)

Project Management Services
Security Evaluations
Strategic Technology Planning
Technology Implementation Projects
Technology Selection Projects

And through our network of consultants and affiliation with Baker Tilly International, we can access the expertise and resources of specialists in other geographic or service specialties, including the following:

Managed Care/Capitated Contract Analysis

Contract Review
Profitability Analysis
Per Member Per Month Breakeven Analysis

Relative Value Unit Financial Analysis

RVU Cost Accounting
Performed Procedures Review
Analysis of Costs at Varying Utilization Levels

Practice Assessments

Documentation/Coding Review
Review of Office Billing Procedures
Analysis of Performed Procedures
Analysis of Payer Mix
Analysis of Fees
Office compliance with OSHA, CLIA and other Regulatory Issues
Personnel Manuals
Policy and Procedure Manuals
Patient Care Issues
Staff Cost Evaluation
TQM Implementation

Receivables Management

Coding Reviews
Payor Relations
Capitation Analysis
Fees and Allowables Review
Review of Outstanding Accounts Receivable
Customized Client Reporting

Contact the Medical/Dental Practices Group Practice Leader

Jay M. Sattler, CPA, MST
(860) 561-6837
jsattler@blumshapiro.com

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· CMGMA

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