Gray, Griffith & Mays, a.c. has a vast understanding of the challenges and needs that owners of physician and dental practices face. Often these owners are forced to wear many different hats including Human Resources, Payroll, Accountant, Material Management, etc. Our firm has helped many physicians and dentists with their financial needs, which has allowed them to focus on growing their practice and the quality of care they are delivering to their patients.
- Implementation of internal controls
- Devising policies and procedures manuals
- Cost accounting for specific procedures
- Practice receivables and collection policy reviews
- Billing procedures and/or billing service reviews
- Fraud and embezzlement reviews
- Tax and financial planning
- Physician compensation arrangements
- Purchase or sale of medical practices
- Assistance with setting up new medical practices
- Complete practice assessments and reviews
- Retirement planning
- Practice management tools
- Accounting assistance with general ledger bookkeeping