We help healthcare practices enjoy financial health

Running a profitable medical or dental business is a real challenge. You not only have to attract and care for patients, you also need to pay close attention to the business side of the practice: billing, collections, taxes, financing and human resources, to mention a few. And you have to consider your personal financial matters, too.

To do all this, you need the assistance of advisors who know the healthcare practice business and can help you enhance revenue, manage costs and achieve your financial goals for your practice, yourself and your family. This is where we come in.

Experience you can rely on

At Steinberg Advisors, our Healthcare Practice Services team has  significant experience in meeting the tax, accounting, practice management and financial planning needs of physicians, dentists, and other medical professionals. We have helped hundreds of practices  from start up grow and maximize their profitability, so their owners can enjoy financial well-being.

As a result, we know the issues and challenges you face, as well as how to handle them. We are ready to help you with these and other aspects of practice management:

  • Coding, billing, collections Accounting systems and internal controls 
  • Financing and revenue cycle management Retirement and succession planning
  • Cost reduction and profit enhancement consulting
  • Personal income taxes and financial planning
  • Recruiting, human resources and employee benefits consulting
  • Compliance with HIPPA and other requirements
  • IT systems and electronic medical records (EMR)
  • Insurance and managed care issues
  • Outsourced bookkeeping and accounting services
  • Compilation of financial statements

Our clients include hospital-based and office-based practices in a variety of specialties, including anesthesia, pathology and radiology, as well as dentistry, gynecology, internal medicine, ophthalmology, pediatrics, psychiatry and surgery. And we serve practices of all sizes, from sole practitioners to large medical groups.

We're always on your side

When you're our client, we work as a physician's advocate who's always looking out for your best interests. This means we help negotiate favorable terms with lenders, vendors, insurers and hospitals, show how to comply with regulations, and work on improving your business as if it were our own.

Also, we do our best to be always available to talk or meet with you, even if that means coming to your office at 5:00 in the morning or 7:00 in the evening. In a word, we're totally dedicated to your financial success.

Let us improve your financial health

To learn more about how Steinberg Advisors can help you take your practice to the next level, contact our office. We would welcome the opportunity to discuss your needs and put our knowledge of healthcare practices to work for you.