Healthcare
In today’s healthcare sector, the success of your practice often depends on efficient operations. Containing rising costs, dependence on federal regulation, high costs of the uninsured, and high liability insurance costs are just a few of the current challenges facing many health care professionals today. ELLS’ healthcare group was formed over 20 years ago to provide the industry-specific services you require to maintain a profitable practice. Generating profitable revenue, minimizing costs, and maximizing cash flow are a few of the many areas we’ll address when working with you and your practice. Our expert advice and services include:
- Accounting and bookkeeping
- Accounts receivable and collections reviews
- Audits, reviews, and compilations
- Profitability analysis
- Budgeting and forecasting
- Tax planning and preparation
- Practice mergers and acquisitions
- Evaluation of buy-sell agreements
- Practice sale assistance
- Compensation and budget planning
- Income allocation
- Key performance indicators (KPI’s)
- Policies and procedures reviews
- Internal controls/fraud detection
- Forensic accounting
- Lending negotiations
- Retirement planning
- Succession planning
ELLS’ client base includes emergency room physician groups, general and specialty practice physicians, dentists and orthodontists. The professionals at ELLS are dedicated to enhancing your revenue and improving your profitability.