Health Care Accounting Services

Health care organizations focus on delivering optimal patient outcomes. At Friedman, our focus is on optimizing the accounting, tax and financial well-being of your health care enterprise as the industry continues to transform.

Our insightful and solutions-focused health care accounting service advisors have decades of experience in both the medical and accounting realms. We understand the challenges and complexities of operating health care organizations of all sizes and scopes. By continually monitoring this evolving industry and keeping you updated on the latest developments, we can help you anticipate issues related to managed care, declining reimbursements and increasing demands for effective operational performance.

Friedman offers accounting, tax and financial services for health care providers such as:

• Physician, dental and group practices - large groups, multispecialty and single-specialty IPA
• Multispecialty physician groups
• Management service organizations
• Independent practice associations
• Home health agencies
• Diagnostic facilities
• Imaging centers
• Nursing homes
• Skilled nursing facilities
• Assisted living facilities
• Long-term care facilities
• Physical therapy centers
• Rehabilitation centers
• Urgent care centers
• Ambulatory surgery centers
• Wellness centers
• Accountable care organizations
• Pharmacies
• Billing services companies

Care is the key intangible that distinguishes exceptional health care organizations - and exceptional accounting firms. At Friedman, care guides our approach at every step through highly personal attention, senior-level engagement, prompt and accurate responses to questions, frequent and ongoing communication, quick resolution to issues, and collaborative interaction with management.

Whatever your accounting, tax and consulting needs may be, our prescription for exceptional, hands-on service and value will help your health care organization thrive.

For more information on our health care accounting services, connect with a member of the team, or contact us.

Friedman delivers an integrated suite of services to optimize your health care organization's fiscal well-being.

• Compliance, planning and financial and tax reporting
• Accounting system review
• Practice financial review
• Compensation consulting, including restructuring compensation arrangements and stockholder/partnership agreements and developing physician compensation methodologies
• Buy-in calculations for new dentists/physicians
• Due diligence and guidance on mergers, acquisitions and joint ventures
• Practice exits (venture capital and other funding sources)
• Practice succession
• Practice valuations
• Internal control studies
• Physician issues, including recruitment agreements and income guarantees
• Pension plan administration
• Corporate governance
• Practice litigation support, including damages computations

"My engagement team has been incredible. They always provide what I need in a timely manner, even when I am disorganized. They know my businesses better than I do!"--Dr. Judy Morgan, Owner, Clayton Veterinary Associates

"Friedman's advisors deliver the personalized attention of a small firm with the robust resources of a Big Four. My team always exceeds our expectations, handling the immediate task and revealing new opportunities in the process. We are very happy with Friedman." --Lea Jacovini, Director of Accounting, B Positive Plasma

"Our audit and tax engagement team are extremely responsive and always there for us when we need them. They bring expertise to the table and provide guidance on a variety of business and tax matters." -- CFO, Nonprofit Healthcare Organization

"My engagement partner is the most proactive, easiest person to work with. He provides above and beyond excellent service in every aspect." --CFO, OB-GYN Group Practice