Healthcare Accounting That Lets You Focus on Patient Care
Expert financial management for medical practices and healthcare providers. Navigate complex billing, optimize revenue cycle, and ensure compliance while you focus on patients.
Challenges We Solve
Reconciling complex insurance payments, adjustments, and denials across multiple payers
Our Solution: Automated ERA/EOB processing with claim-level tracking and variance analysis to identify underpayments
Impact: Recover missed revenue and reduce A/R aging by 40%+ through proactive follow-up
Long collection cycles and high A/R balances impacting cash flow
Our Solution: Daily posting automation, aging analysis, denial management workflows, and collection optimization strategies
Impact: Accelerate cash flow and reduce days in A/R from 60+ days to under 35 days
Complex compensation models based on productivity, collections, or RVUs
Our Solution: Automated provider productivity tracking with customizable compensation formulas and transparent reporting
Impact: Fair, accurate provider compensation with full transparency and documentation
Meeting HIPAA requirements and preparing for payer audits
Our Solution: HIPAA-compliant systems, proper documentation workflows, and audit-ready financial records
Impact: Pass audits confidently and avoid compliance penalties ---
How We Help Healthcare Accounting Businesses
Insurance & Billing Integration
Seamless integration with your practice management and billing systems
- ✓ERA/EOB automated posting
- ✓Claim-level payment tracking
- ✓Payer contract analysis
- ✓Denial trend reporting
Revenue Cycle Analytics
Understand and optimize your entire revenue cycle
- ✓Days in A/R tracking
- ✓Collection rate analysis
- ✓Payer mix reporting
- ✓Write-off and adjustment monitoring
Provider Productivity Tracking
Fair and transparent provider compensation management
- ✓Productivity dashboards by provider
- ✓RVU and wRVU tracking
- ✓Collections-based compensation
- ✓Custom compensation formulas
Healthcare Financial Reporting
Financial insights designed for medical practices
- ✓Provider-level profitability
- ✓Department/specialty analysis
- ✓Benchmark comparisons
- ✓Cash flow forecasting
How We Helped Riverside Family Medicine
Primary Care Medical Practice
The Challenge
Growing 8-provider family medicine practice struggling with 65-day A/R, inconsistent provider compensation tracking, and no visibility into payer performance. Previous bookkeeper had no healthcare experience and couldn't reconcile insurance payments properly.
Our Solution
Integrated with their Kareo practice management system, implemented automated ERA posting, established provider productivity dashboards, and created payer-specific collection tracking with denial management workflows.
Results Achieved
How It Works
Practice Assessment & Integration
We review your current systems, integrate with your practice management software, and establish healthcare-specific chart of accounts.
Daily Automated Reconciliation
Insurance payments, patient payments, and adjustments are automatically posted and reconciled daily with variance alerts.
Revenue Cycle Optimization
Weekly A/R reviews identify collection opportunities, denial trends, and payer issues requiring follow-up.
Monthly Strategic Review
Detailed financial reports with provider productivity, payer analysis, and strategic guidance for practice growth. ---
Frequently Asked Questions
Do you integrate with practice management systems?
Yes. We integrate with all major systems including Epic, Kareo, athenahealth, AdvancedMD, Greenway, DrChrono, Dentrix, Open Dental, and many others. This enables automated insurance payment posting and claim tracking.
Can you help with insurance credentialing and contracting?
While we focus on the accounting and financial analysis, we work closely with credentialing specialists and can analyze payer contracts to identify underpayments, negotiation opportunities, and optimal payer mix strategies.
How do you handle provider compensation?
We track provider productivity using your preferred metrics (RVUs, wRVUs, collections, encounters) and automate compensation calculations based on your custom formulas. Whether salary, productivity-based, or hybrid models, we ensure accuracy and transparency.
Are your systems HIPAA compliant?
Absolutely. We use HIPAA-compliant systems, maintain proper business associate agreements, and follow strict protocols for handling any patient-related financial information. All staff receive HIPAA training.
What about specialty practices?
We work with all types of healthcare practices including primary care, specialty practices (cardiology, orthopedics, dermatology, etc.), dental offices, mental health practices, physical therapy, chiropractic, and wellness centers. Each has unique billing and financial characteristics we understand. ---
Related Services
Bookkeeping Services
Expert bookkeeping services to keep your financial records organized, accurate, and up-to-date.
Tax Preparation & Filing Services
Maximize deductions and minimize taxes with professional tax preparation services. CPA-prepared returns with expert optimization. From $500 for simple returns.
Other Industries We Serve
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Real Estate Accounting
Specialized accounting for real estate investors, property managers, and real estate professionals managing multiple properties and complex transactions.
Ready to Transform Your Healthcare Accounting?
Schedule a free consultation to see how our specialized accounting services can help your business thrive.