Healthcare Services Group
Keeping a finger on the pulse of your practice
Medical practices and healthcare service providers face extreme challenges with the rising cost of medical care, decreased reimbursements from insurance companies, and increased government regulations. Sanford, Baumeister & Frazier realize these issues affect not only your profitability, but your productivity as well.
You are in the business of serving your patients. Our business is serving your needs - monitoring the evolving health care industry and working with you to ensure the continued good health of your operation. Sanford, Baumeister & Frazier works with single-specialty and multi-specialty physician group clients by identifying real issues and problems while offering practical solutions to take your organization to the next level.
In a complex industry teeming with varying businesses - from hospitals and private practices to clinics and medical equipment - accurate financial reporting is vital to support growth and expansion. Our team at Sanford, Baumeister & Frazier, comprised of seasoned professionals, stands prepared to offer you the following services:
- Tax planning and compliance
- Trust and estate planning
- Personal financial management
- Family office services
- Litigation and valuation consulting - matrimonial, estate valuation
- Practice value and expansion strategy
- Wealth management
- Succession and retirement planning
- IT services
- Compensation and bonus allocation
- Merger, acquisition, or sale of practice
- Optimization of cash flow
- Billing and collections procedures
- Physician compensation and incentive strategies
- Strategic and business planning
- Employee benefits plans administration
Whether you have 25 years experience or are just getting started, Sanford, Baumeister & Frazier wants to help you maximize your efforts. By staying informed and taking appropriate actions, you can keep a finger on the pulse of your practice!
