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Your Healthcare Accountant

It’s crucial to choose a healthcare accountant who can proactively minimize your tax burden by up to $1M/year, while helping you to grow your profits.

	Increase profitability
	Upfront fixed fee
	Proactive and innovative

Top Healthcare Accountant Platforms

The Importance of a Specialized Healthcare Accountant

60%

of small business owners have limited financial
knowledge

According to Accountancy Age, the biggest fear for small business owners handling their own accounting is making a mistake. This is probably because 60% of small business owners have limited knowledge when it comes to the financial and accounting aspects of their business.

98%

of small business owners who have an accountant feel more confident about their business

Nine out of ten small business owners believe that their accountant plays a key role in the success of their business. In fact 10 out of 10 of the small businesses who have a CPA say other businesses should get one too and 98% said their accountant gives them more confidence in their small business.

44%

of business owners believe their accountants are more reactive than proactive

A large portion of small business owners don’t feel their accountants are coming through for them. For example, 44% claim their accountants are more reactive than proactive, with 36% experiencing timeline issues, 32% lacking sufficient guidance, 29% feeling their accountants don’t offer advice, and 23.6% not being adequately educated by their accountants.

We’ll Integrate with Your Cloud Accounting Software

Healthcare Data Management Regulations You Need to Know

Data management regulations in the healthcare industry are essential to protect patient privacy and ensure the confidentiality of sensitive medical information. They also promote compliance with laws like HIPAA, ensuring secure data handling and fostering trust between patients and healthcare providers.

The Health Insurance Portability and Accountability Act (HIPAA)

The Health Insurance Portability and Accountability Act (HIPAA) of 1996 sets federal standards to safeguard sensitive health information from unauthorized disclosure without patient consent. To enforce HIPAA’s provisions, the U.S. Department of Health and Human Services introduced the HIPAA Privacy Rule, while the HIPAA Security Rule specifically protects electronic health information under the Privacy Rule’s scope.

The Federal Food, Drug and Cosmetic Act

The Federal Food, Drug, and Cosmetic Act (FFDCA) regulates food, drugs, and medical devices in the United States. It is enforced by the U.S. Food and Drug Administration (FDA), a federal agency under the U.S. Department of Health and Human Services (DHHS).

The Ethics in Patient Referrals Act (or “Stark Law”) and Anti-Kickback Statutes

The Anti-Kickback Statute is a stringent law designed to prevent the exchange of payments, goods, services, or other forms of remuneration for specific referrals, prescriptions, or medical care. This legislation aims to ensure that medical decisions are made based on patient needs rather than financial incentives.

How Do We Save You $10K+ to $1M+ in Taxes?
Using Our “Tax Planning” Strategies

The Tax Plan For Current Year & Beyond	✓
Deduction Review & Strategy Planning	✓
Legal Entity Optimization Across LLC, S Corp, Partnership	✓
Retirement Options To Save While Minimizing Taxes	✓
Insurance Review To Protect Assets & Reduce Taxes	✓
TCJA, FFCRA, CARES Review For Liability Minimization	✓
IRS & Court Case References Support Positions	✓
Core Strategy Implementation	✓
Business Tax Preparation	✓
Quarterly Estimated Payments	✓
Quarterly Core Tax Planning & Implementation	✓
Quarterly 1-On-1 Review Tax Position	✓

Looking for More Advanced Strategies?

Asset Protection

Tax-Advantaged Wealth

Exit & Capital Gains

Niches Specific

International

Your Financial Partners

With 27 years of experience, we specialize in best-in-class tax minimization strategies, personalized advisory, and technology-driven efficiency.

We formed Accountant Partners so business owners like yourself would receive partner-level value in accounting, reporting, and strategic advisory, providing real-time insights that help minimize your tax burden and maximize profitability.

Our holistic approach ensures quality-consistency, efficiency, and peace of mind communication, allowing you to focus on what you do best.

As your trusted partner, we aim to build a strong, long-lasting relationship to grow your business profitably and create a long lasting advantage towards continuous success.

Allan Bayer | Accountant Partners
Partner

Trusted by Business Owners

Lauren Thompson | CEO

"Accountant Partners have been helping me file my taxes for the last several years, including my complex business taxes for a multi-state business. I'm extremely happy with their services and they have worked hard to find ways to save my money. I highly recommend them!"

Will Elroy | Business Owner

"One of my business partners referred me to Accountant Partners a couple of years ago. They've been filing my business taxes as well as providing me with some financial growth and CFO services. They are a small team yet extremely knowledgeable on small business taxes. They were immediately able to identify ways for me to save money, via some deductions I hadn't been taking advantage of and some other general recommendations. I highly recommend them to any small business owner looking to take their business to the next level."

Georgine Correa | President

"Doing my own business taxes was getting complicated, messy, and stressful. Mine became even more complicated during the pandemic and I was going crazy dealing with the IRS. Then I found Accountant Partners and they have been a tremendous help! Their CPAs are very personable and give high-quality service I haven't seen anywhere else. I highly recommend them for other struggling business owners!"

We Strive for World Class Service

Call/Email Response Within 24 Hrs

Schedule of Service Delivery

Upfront Fixed Fee

Healthcare Accounting Experts

Multiple Points of Firm Contact

Proactive CPAs

Constantly Innovating!

Switching Accountants Is Easier Than You Think

Switching accountants only seems like a major pain in the butt…
But in reality, it’s a brief communication with your current accountant:

“It’s time for a new direction. Please send my books over to Accountant Partners. Thank you for your service.”

Your accountant is professionally mandated to provide your books to whomever you request they go to. It’s really that easy.

Fixed Price

The Only CPA Firm with a Pricing Guarantee

Our pricing guarantee is simple: If we don’t quote you upfront for the work, we don’t expect you to pay. Whether that’s in our first engagement with you, or it’s in 20 years from now.

You’ll never receive an unpleasant surprise in our invoicing.

Our guarantee makes it a no-brainer to work with Small Business Accountant Sarasota.

Book Your Free Consultation

If you’re looking to grow your business and willing to listen to new and better ideas, then we’re the trusted Small Business Accountant for you.

During our initial consultation, we’ll review your immediate needs and provide a course of action with a fixed-fee quote (no surprise bills here).

FAQs

What is healthcare accounting and its importance?

Healthcare accounting is the specialized financial management process that tracks, analyzes, and reports financial data within healthcare organizations. Its importance lies in ensuring accurate billing, compliance with regulations, managing budgets, and enhancing financial decision-making, ultimately leading to improved patient care and operational efficiency.

Who qualifies for healthcare accounting services?

Healthcare accounting services are typically tailored for medical practices, hospitals, clinics, and other healthcare providers. These services benefit organizations seeking to manage finances, comply with regulations, and improve operational efficiency, including professionals such as physicians, dentists, and allied health practitioners who require specialized financial expertise.

What are the top aspects of accounting and financial management in a healthcare industry?

Top aspects of accounting and financial management in the healthcare industry include accurate billing and coding, effective budget management, compliance with regulations, cost control, and financial reporting. Additionally, robust financial forecasting and revenue cycle management are crucial for maintaining operational efficiency and ensuring sustainable growth.

What do those who work in health care accounting do?

Those who work in healthcare accounting manage financial records, oversee billing and coding processes, and ensure compliance with regulations. They analyze costs, prepare budgets, and generate financial reports to help healthcare organizations maintain financial health and make informed decisions regarding resource allocation and service delivery.

What type of accounting is used in hospitals?

Hospitals primarily use governmental or nonprofit accounting, which focuses on fund accounting to track revenues and expenses. This approach ensures compliance with regulatory requirements and transparency in financial reporting, allowing hospitals to manage resources effectively while meeting their mission to provide quality healthcare services.