Accounting for Medical Practices

Experts in Medical Practice Accounting

Medical practices face unique financial challenges that go beyond standard accounting. From managing reimbursements and navigating healthcare-specific tax regulations to keeping track of payroll for medical staff, running a practice requires financial expertise. At The Hechtman Group, we work directly with physicians and healthcare professionals to provide accounting solutions that meet the day-to-day demands of your practice, helping you manage cash flow, reduce tax liabilities, and ensure financial stability.

Comprehensive Medical Accounting Services 

Our accounting services for medical practices cover every financial aspect of your business, helping you navigate complex healthcare regulations and improve profitability. Our team of CPAs and advisors is deeply experienced in handling the unique needs of medical practices, including:

• Tax Planning & Compliance: Minimize tax liabilities and stay compliant with healthcare-specific regulations.
• Practice Management Consulting: Improve operational efficiency and increase profitability.
• Financial Statement Preparation: Get clear, accurate reports to guide your financial decisions.
• Payroll Services: Ensure timely, compliant payroll for your medical staff.
• Revenue Cycle Management Consulting: Optimize billing and collections to maintain healthy cash flow.
• Mergers & Acquisitions Advisory: Navigate the financial complexities of merging or acquiring medical practices.

Who We Serve

The Hechtman Group works with a wide range of healthcare professionals, ensuring that practices of all sizes benefit from professional expertise. 

• Solo Practitioners
• Group Practices
• Hospitals and Clinics
• Specialty Practices

Why Choose The Hechtman Group for Medical Practice Accounting

With over 50 years of experience, The Hechtman Group is dedicated to helping healthcare providers achieve success. Our team understands the unique financial needs of the medical industry. We’re not just focused on numbers; we’re dedicated to helping you grow your practice.

• Industry Expertise: Our team has deep knowledge of specific regulations, tax laws, and financial management, ensuring your practice is in expert hands.
• Proven Results: We’ve helped medical practices improve cash flow, reduce tax burdens, and streamline their financial operations.
• Tailored Solutions: Every practice is different, which is why we provide customized accounting strategies designed to meet your specific needs.

Personalized Service with Proven Results

Our team is committed to providing more than just advice—we build lasting relationships with our clients. We take the time to understand your practice from the inside out, offering solutions that align with your long-term goals. Whether you’re looking to streamline your operations, improve financial management, or plan for the future, we’re here to guide you every step of the way.

Contact us today to learn how our consulting services can help your medical practice thrive. We’re committed to providing the expertise and support you need to succeed.