Healthcare Accounting and Financial Services

In today’s healthcare sector, the success of your practice often depends on efficient operations. Containing rising costs, dependence on federal regulation, high costs of the uninsured, and high liability insurance costs are just a few of the current challenges facing many health care professionals today.

LSL’s healthcare accounting group was formed over 20 years ago to provide the industry-specific services you require to maintain a profitable practice. Generating profitable revenue, minimizing costs, and maximizing cash flow are a few of the many areas we’ll address when working with you and your practice.

Our expert advice and services include:

Our client base includes emergency room physician groups, general and specialty practice physicians, dentists and orthodontists. All of our healthcare accounting expert partners, managers and associates at LSL are dedicated to enhancing your revenue and improving your profitability.

Healthcare Accounting Services Provided

Compliance

Accounting and bookkeeping
Accounts receivable and collections reviews
Audits, reviews, and compilations
Tax planning and preparation

Performance

Profitability analysis
Budgeting and forecasting
Compensation and budget planning
Income allocation
Key performance indicators (KPI’s)
Policies and procedures reviews
Internal controls/fraud detection
Forensic accounting

Strategic

Practice mergers and acquisitions
Evaluation of buy-sell agreements
Practice sale assistance
Lending negotiations
Retirement planning
Succession planning

Contact any of our Partners about providing a customized mix of assurance, tax, and consulting services at 714.672.0022. As your healthcare accounting experts, we understand the unique financial concerns faced by healthcare providers, including doctors and dentists as well as specialty medical groups.