Medical & Dental Practices
Revenue in a practice is complex (insurance, co-pays, write-offs). We reconcile your patient software to ensure every dollar you earn is accounted for.
The Money Puzzle
The money side of a medical practice is a puzzle. You bill one amount, insurance dictates another, and the patient pays a portion. If you only check the bank account, you miss the full financial story of adjustments and write-offs.
We verify every payment against the patient software to ensure the money you earned actually got collected. This creates a clear picture of cash flow, showing you what revenue is real and what is still tied up in the insurance cycle.
Matching Deposits
Matching Deposits
Your scheduling software tracks treatment. Your bank tracks cash. We reconcile the daily day sheets against the deposits. This verifies that the income recorded by the front desk matches the money that hit the bank.
Insurance Lag
Insurance Lag
Waiting for insurance is a major cash flow blocker. We monitor your accounts receivable to track aging claims. This helps identify and resolve stalled payments fast, ensuring you get paid for the work you have already done.
Protection and Oversight
One person often handles all the cash, billing, and deposits. This creates a risk environment where simple errors or long-term administrative leaks can occur unnoticed. We provide the necessary external check to safeguard your assets.
We act as an independent set of eyes. We verify deposits and monitor expense patterns. This separation of duties protects your practice from simple mistakes and provides transparency for your entire staff.
Error Reduction
Error Reduction
We review transactions to spot misapplied co-pays or unposted insurance checks immediately. Catching these errors early prevents them from turning into complicated write-offs months later.
Supply & Equipment Tracking
Supply & Equipment Tracking
Supply and lab costs need clear oversight. We track these expenses monthly as a percentage of revenue. This helps you identify sudden cost spikes that signal a problem with ordering or inventory control.
Partner Fairness
If you are in a partnership, clear numbers prevent disputes. Splitting profit 50/50 when one doctor produces significantly more than the other creates tension. We track production and collections by provider.
This allows for transparent compensation. We calculate the income portion earned by each provider based on collected revenue, which is the only fair way to manage profit distribution and associate pay.
Lab Fee Analysis
Lab Fee Analysis
Lab fees are a direct cost of the procedure. We track these costs specifically so you know the true margin on high-cost work like crown and bridge or specialized implant cases.
Strategic Growth
Strategic Growth
Budgeting for new equipment or hiring an associate requires confidence. We provide verified reports that demonstrate the practice’s actual profitability, allowing you to invest in growth without guessing.
The Practice Advantage
You gain the ability to manage the practice based on verified financial statements, not just the schedule. The conversation shifts from fixing administrative errors to making smart investment decisions for growth.
The anxiety around internal controls and collection accuracy disappears. You can focus your energy entirely on patient care and clinical excellence, knowing the money is being tracked correctly in the back office.
Investment Confidence
Investment Confidence
Whether budgeting for a new facility or a major equipment purchase, you have current, verified reports that demonstrate your practice’s ability to take on the debt and grow its patient services.
Better Partner Planning
Better Partner Planning
Compensation disputes are eliminated. With clear reports on production and collections per provider, the partnership can confidently plan profit distributions and staff bonuses based on accurate data.
Full-Charge Bookkeeping for Mid-Mo's Businesses
The Next Step:
Get Your Quote
Tell us what you're dealing with. We'll listen, ask a few questions, and give you a straightforward price that meets your expectations.
