Optimize Your Medical Practice’s Financial Management with Specialized Services

At Birchwood Accounting, we provide comprehensive financial services designed specifically for healthcare businesses, medical practices, and clinics. Our offerings include QuickBooks cleanup and catch-up, precise bookkeeping, and efficient payroll management. We help healthcare providers streamline their financial operations, ensuring compliance and accuracy, so you can focus on delivering exceptional care to your patients.

Our Specialized Services

1. QuickBooks Cleanup & Catch-Up for Healthcare Practices

• Comprehensive Financial Review: We conduct a thorough assessment of your QuickBooks records to identify and correct errors, discrepancies, and incomplete entries related to patient billing, insurance payments, and operational expenses.
• Accurate Reconciliation & Revenue Tracking: Our team ensures that all financial transactions, including patient fees, insurance reimbursements, and vendor payments, are accurately recorded and reconciled, keeping your records current.
• Error Correction & Adjustments: We correct inaccuracies and make necessary adjustments to reflect the true financial status of your medical practice.

2. Professional Bookkeeping for Healthcare Providers

• Daily Transaction Management: We handle the daily recording, categorization, and reconciliation of transactions, including patient billing, insurance claims, and medical supplies, to maintain accurate and up-to-date financial data.
• Financial Statement Preparation: Our services include preparing detailed financial statements, such as income statements and balance sheets, to provide a clear understanding of your practice’s financial health.
• Monthly Financial Reports: We generate comprehensive monthly reports to help you track revenue, manage expenses, and make informed decisions that can improve profitability and cash flow.

3. Accurate Payroll Services for Medical Staff

• Timely Payroll Processing: We manage all aspects of payroll processing to ensure accurate and timely payments to your doctors, nurses, administrative staff, and technicians, including bonuses and overtime.
• Compliance with Healthcare Regulations: Our experts ensure that payroll taxes and healthcare-specific deductions are calculated correctly and filed in compliance with industry regulations.
• Employee Benefits Administration: We handle employee benefits, such as health insurance, retirement plans, and continuing education funds within QuickBooks, keeping your records organized and compliant.

Why Choose Birchwood Accounting for Your Healthcare Business?

• Healthcare Financial Expertise: We have extensive experience working with healthcare businesses, understanding the unique financial challenges such as insurance reimbursements, patient billing, and regulatory compliance.
• Customized Financial Solutions: Our services are tailored to meet the specific needs of your medical practice, providing personalized support to enhance your financial management.
• Comprehensive Service Offering: From QuickBooks cleanup to ongoing bookkeeping and payroll management, we offer a full range of solutions to keep your financials accurate and compliant.
• Focus on Patient Care: With our expert financial management, you can concentrate on providing excellent care to your patients, confident that your financial records are handled with precision.

Get Started with Birchwood Accounting Today

Ready to optimize your healthcare business’s financial management? Contact Birchwood Accounting to learn more about our QuickBooks cleanup and catch-up, bookkeeping, and payroll services. We offer free consultations to assess your needs and develop a customized plan for your medical practice.