Accounting for Medical, Health and Wellness Practices

We are outsourced CFOs & bookkeepers in the medical, health, and wellness industry. We serve doctors, dentists, chiropractors, physical therapists, fitness coaches, alternative medicine practitioners, and holistic healers. If you’re looking for the accounting help of someone with a proven track record, you need to talk to us.

Bookkeeping – Regular monthly bookkeeping is the most necessary functions for a successful business.  Our firm operates in cloud-based accounting technology products, giving us the fastest insight into the flow of financial data through your practice.

Outsourced CFO – With this service, we become part of your team by involving ourselves in the cash flow maintenance of the practice. We meet regularly with the key team to bring clarity as to how financial numbers help your company operate more effectively.

Consulting – This service is for the practice that is ready to invest in getting to a new level. Consulting can help you solve problems, rebrand, niche, differentiate yourself, and merge or sell your practice.

Technology – As a virtual company, we serve our clients in cloud-based accounting technology. We make these choices for you, and with you, to make sure you are using products that give you the best information to run your business.

We do all this using our Simple Success Plan

Every business owner has a different definition of success. It can mean increasing profits, initiating a succession plan, or quickly paying off debt. Even if you can’t define what success means for you today, our Simple Success Plan can help you discover it. Our Simple Success Plan has 5 steps that help you become successful, no matter what that success means to you.

The 5 steps are:

1. Discovery – During this step, we learn about your Health and Wellness practice, management style, investment IQ and how we can best help you clearly define your success. You also get to ask us questions and learn about us. After taking this first Step, we will each decide if we’re a good fit for each other and whether we will put together a proposal for services.

2. History – We analyze historical financial information about your Health and Wellness business to establish a starting point and compare this analysis with current projections and goals.

3. Road mapping – After identifying your main goals, we help break them down into achievable periodic goals and identify the steps needed to reach them. We create financial and cash flow projections using key performance indicators based on your business, your niche in your industry, and your place in the market. This is more than crunching numbers based on best guesses or unfounded forecasts; this is an art form influenced by your management style, your personality, your expertise in your industry, and the quality of your team. We walk you through success after success to help you build the confidence to reach higher, and transform your Health and Wellness business.

4. Tracking – Each month we review and discuss the financial statements and key performance indicators, and compare them to your periodic goals. This is another part where we are invaluable; we will always tell you what you need to hear, not necessarily what you want to hear. It’s our job to keep you on track or to help you adjust to your goals as needed.

5. Transforming  – Here, we help you determine what long term changes need to happen in your business. You may have heard it said that a team who gets you to your first goal, probably cannot get you to a much larger one. We don’t believe that’s always true. We have several methods for helping you develop your vision and reaching your next dream.

If you want to transform your Health or Wellness business into something better, richer, more efficient, or more profitable than it is today, Call us!