Healthcare practitioners have unique accounting needs. There are regulations, reporting requirements, and compliance issues that other industries simply don’t have.
At Hochschild, Bloom & Company, we understand the unique needs of healthcare practitioners, small and large. We proactively work with our healthcare clients to provide tailor-made accounting, tax, and advisory services. We are experienced with the daily challenges facing physicians, dentists, veterinarians, and other healthcare providers. We are here to handle the business needs of your practice so that you can handle your patients’ needs.
We can quickly identify financial or operational issues and suggest changes in order to increase productivity and make your practice more profitable. We often can help fine tune tax strategies to help you operate in the most tax efficient manner.
Healthcare professionals are people with individual concerns also. In addition to our strictly business-related help, we also assist healthcare professionals in planning for their future by suggesting appropriate retirement plans, providing risk and wealth management services, and advising them in estate and succession planning.
Qualifications and Experience
Our services for healthcare providers include:
- Accounting and auditing
- Tax planning and preparation – both business and individualFinancial planning and analysis
- IRS representation
- Cash flow and budgeting analysis
- Practice start-up consultation
- Mergers and acquisitions
- Executive compensation plans
- Benefit plan selection and structuring
- Operational analysis
- Payroll and payroll tax reporting
- Estate planning
- Forensic accounting
Hochschild, Bloom & Company LLP is an active business partner with the Medical Group Management Association.