Healthcare

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 realizes 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 healthcare industry and working with you to ensure the continued good health of your operation. SB&F 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 SB&F, comprised of seasoned professionals, stands prepared to offer you the following services:

  • Tax planning and compliance
  • Audits, reviews and compiled financial statements
  • Trust and estate planning
  • Personal financial management
  • Family office services
  • Litigation and valuation consulting
  • Wealth management
  • Succession and retirement planning
  • 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 benefit plan administration and consulting

 

Whether you have 25 years experience or are just getting started, SB&F 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! Contact Susan Roberts  (susandotrobertsatsbf-cpadotcom)   to learn more.