Pediatric Business Advisory Services
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Each year DMJPS Healthcare Consulting Team releases key insights into North Carolina Pediatric Practices.
The healthcare and pediatric consultants at DMJPS PLLC can be just what your pediatric practice needs to operate at a higher level. Our experienced specialists work with many practices like yours to provide tailored pediatric business advisory services that improve revenue and offer actionable advice to get your operation running like a well-oiled machine.
The business aspect of your pediatric practice has become more demanding than ever. With increased regulations and compliance requirements, your practice needs to stay current. DMJPS offers a unique combination of knowledge and advisory services as a CPA firm for pediatric offices, allowing you to spend more time managing your healthcare practice while also concentrating on your patients.
Guidance That Works
Effective pediatric consultants do more than just tell you what to do. They help you understand the why so you can adapt to the changing needs of your business and your industry. Our experienced healthcare practice consultants have helped pediatric practices like yours from across North Carolina and the Southeast find their path toward a better bottom line, higher reimbursement rates, and happier patients.
Financial Services From an Experienced Pediatric Office CPA Firm
A key to success for any pediatric practice is understanding its financials. Having a clear picture of your pediatric practice’s finances helps with budgeting, financial planning, and more. By utilizing the financial-related services DMJPS provides, you can manage your pediatric practice with clarity and peace of mind.
We provide the following monthly pediatric business advisory services to clients:
- Financial Compilations
- Bookkeeping Services
- Financial Forecasts and Projections
- Computerized General Ledgers
- Professional Compensation Formulas
- Scheduled Management Meetings
Tax Planning
As nearly every company does, your pediatric practice must pay business taxes. Unless you’re a tax professional, business-related taxes can quickly get confusing and frustrating. Partnering with a company offering pediatric business advisory services takes the confusion out of tax planning.
Our tax department provides planning and compliance in the following areas:
- Tax Preparation for Businesses and Individuals {Income, Estate, Property, Excise, and Sales Taxes}
- Tax Planning
- Tax Research
- Business Valuations
Practice Management Reviews
Our goal is to enhance staff efficiency and practice profitability for your pediatric practice.
DMJPS Healthcare works with you and your pediatric practice in the following areas:
- Accounts Receivable System
- Cash Control Procedures
- Billing and Collection Procedures
- Personnel Policies
- Insurance Reimbursement
- Issuance of Reports with Appropriate Recommendations
- Assistance in Implementing Recommended Changes
- Managed Care Contracting and Negotiations
Compliance Plans
Pediatric business advisory services also help healthcare practices adhere to the latest in compliance. We can develop and implement your compliance documents for these categories of compliance:
- Medicare Billing and Reimbursement
- HIPAA (Health Insurance Portability and Accountability Act)
- OSHA (Occupational Safety and Health Act)
Coding and Reimbursement
We work closely with practices and providers to increase revenue by offering these services:
- Evaluation and Management Coding
- CPT-4 Coding and Documentation Guidelines
- ICD-10
- Chart Reviews
- Bell Curve Analyses
- Provider Education
Professional Consulting Areas
- New Practice Start-Up
- Compensation Review
- Personnel Development & Management
- Fee Schedule Review
- Practice Transition
- Overhead Review
- Practice Surveys
- Practice Valuations
- Information Technology Services
- Retirement Planning
- Financial Planning
- Proformas
Streamline Your Practice With Pediatric Business Advisory Services
Fill out our contact form today or call 888.873.2545 to learn more and explore how our pediatric office CPA firm may be able to help every aspect of your practice’s business operations. Speak to an experienced pediatric consultant at DMJPS.