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For more information regarding our Medical Practice Services:

Contact:
E. Jeffreys Love, CPA

Email: [email protected]
804/282-6000

Mr. Love has been recognized by Virginia Business Magazine and the Virginia Society of CPAs as a "Super CPA" in the area of tax and business accounting.

He is a member of Healthcare Financial Management Association and Medical Group Management Association.

 

 

 

 

 

Practice Management Reviews

  • 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

Practice Acquisition/Growth

  • New practice start-up support
  • Assistance in evaluating and coordinating mergers/acquisitions
  • Practice valuations
  • Proforma preparation
  • Evaluation of practice growth through partner expansion
  • Evaluation of Ancillary Services

Managed Care Plans

  • Review of managed care plans and recommendations on each individual plan
  • How to make the most out of managed care plans for your practice

Financial And
Tax Planning

  • Business tax planning
  • Budgeting and financial forecasting
  • Tax shelter and investment analysis
  • Personal financial planning and estate analysis

Fees

  • Assistance in compiling a fee schedule for new practices
  • Reviewing current fee structures and assistance in revision
  • Fee negotiations

Accounts Receivable Management

  • Review of current billing, collection and internal monitoring systems
  • Payor source analysis

Physician Compensation Plans

  • Assistance in discerning and developing compensation plans
  • Evaluation and critiquing of existing plans

Accounting And Tax

  • Bookkeeping
  • Financial statement preparation
  • Special financial analysis
  • Federal, state and local tax preparation
  • Representation before the Internal Revenue Service
  • Development of tax planning strategies to take full benefit of current tax laws

Other Services

  • Accounting system design to provide adequate controls and safeguard assets
  • Strategic business planning consultation
  • Facilitation of business planning retreats
  • Assistance writing office policy and procedure manuals
  • Assistance in hiring of key administrative personnel
  • Consulting in the admission and/or exit of partners, including buy-sell and employment agreements