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Accounting and Finance Services for Medical Practices
Accounting does not have to be a mysterious black box. In fact, it can—and should—be one of the most transparent elements of your business. Too often, medical practices limit themselves to basic bookkeeping, thereby foregoing numerous opportunities to manage their business' finances proactively and in a manner that supports future goals.
Pacific Crest Group's accounting and finance experts provide all of the fundamental technical and procedural services required to establish and maintain a clean, accurate set of books. We then go beyond the basics to provide accounting advice and financial advisory services that will help you make better business decisions for growing your practice. And that's what sets PCG apart from the typical accountant: we bridge the gap between your books and your business, so that you manage your entire practice smarter.
Essential Accounting Services
Pacific Crest Group systematizes all areas of accounting and bookkeeping for medical practices and facilities. We maintain accounts payable, billing, payroll and reconciliation, and our strength is precise practices and immaculate record keeping. PCG offers a highly qualified accounting staff supervised by experienced Accounting Managers. Through our attention to detail, you'll be able to make intelligent financial decisions based on accurate financial statement analysis, budget planning, and cash flow forecasting.
Accounting Advisory Services
If you need accounting leadership, our accountants can provide interim accounting management services, monthly closing support, forecasting and budgeting, financial statements and planning, cash management, and analysis of overhead cost. We also offer accounting system conversions, internal audits, benefit plan reporting, tax compliance reviews, and tax planning.
Interim CFO/Controller Services
Our Interim CFO services are designed to give you a level of financial insight beyond your internal capabilities. We bring a combination of financial expertise and practical business knowledge to help you achieve your financial goals. In addition to managing your finance and accounting departments so you can focus on your medical practice, we can provide project-based support for mergers and acquisitions, financial structuring and cash analysis, feasibility studies, and Return On Investment (ROI) analysis.
- Total visibility into the financial health of your business from our timely, accurate accounting records and financial reporting.
- Reduced potential for fraud and improper tax reporting from our GAAP standard accounting practices and transparent procedures.
- Improved forecasting, collections, and cash flow management by employees who are more productive and systems that are more efficient.
- Smarter business decisions based on integrated accounting and billing systems and reporting. Pacific Crest Group ties accounting back into all aspects of your business, so that you can evaluate your medical practice’s financial performance and new opportunities fully informed.
- Enduring policies and procedures that your team can follow once PCG has completed the initial work. The systems and processes we develop for your practice are yours, so you'll reap the benefits of greater efficiency and transparency long after we've set everything up, even if you choose to manage your financial records internally.
Please contact us to discuss your accounting needs and arrange an initial meeting. We also encourage you to learn more about our Billing Consulting services, which can be fully integrated with our accounting and finance support.
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How effective are your internal accounting processes?
Take this quick quiz to see...
- Does your A/R reconcile with your accounting?
- Do you know what your fixed costs are?
- Do you know the industry standards for overhead ratio for your type of practice?
If you can't
answer any one of these questions definitively, PCG can help! Please contact us to learn more.
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