Since 1991, Med Dent has specialized in providing a complete range of consulting and accounting services to assist personnel in managing the business aspect of running a healthcare practice. Our focus is on the business side of the office operations, beginning with assistance in helping to start the practice, followed by suggestions aimed at helping establish or expand the patient base.
We further provide assistance in establishing procedures for monitoring the receipt of income and payment of expenses, plus a continual review and monitoring of office operations, all with an emphasis on maximizing overall profit and net equity of the professional.
We further provide assistance in establishing procedures for monitoring the receipt of income and payment of expenses, plus a continual review and monitoring of office operations, all with an emphasis on maximizing overall profit and net equity of the professional.
Services
General Accounting
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Our goal is to provide you with proactive accounting and consulting advice for you and your practice. We customize financial statements to your specifications, and prefer to have regularly scheduled visits to discuss progress and planning. The first step in achieving this goal is to be able to have up-to-date information on the financial health of your practice.
Payroll & Benefits
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We have expertise in retirement planning, implementation and administration. We will perform and in-depth evaluation of your company to determine the correct plan for your practice or business. We will determine employee eligibility, participant contributions and allocations, discrimination testing and carry out the many other duties of retirement plan administration.
Income Tax
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If you are in a group practice, our specialization allows us to access numerous variations of income allocation formulas. Not only can we provide some insight in this area, but we can also prepare the calculations for you and your co-workers periodically i.e. Preparing your taxes or your practice's or business' taxes can be a daunting task and one that you might not even know how to begin.
Tax Planning & Return Preparation
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We don't just plan on helping you with your finances for a short time, we are in the business of making sure your business is successful in the long term. Since we view our relationships with our clients as a long term, on-going partnership we promise to provide you with the best and most current tax advice and return preparation assistance.
Practice Management
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Successful practice management is comprised of numerous smaller successes such as reducing employee turnover, having the proper systems in place, developing the appropriate policies and procedures for your practice and employing sound billing practices, just to name a few. Being a specialist in management for the medical and dental professions for over thirty years, we have acquired a specific knowledge base which is invaluable to our clients.
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