Healthcare and medical practices face a financial environment unlike almost any other industry — complex insurance reimbursements, evolving regulatory requirements, physician compensation structures, and the constant pressure to manage costs while maintaining quality care. At Yartey & Associates, we understand the financial realities of running a medical practice and bring the specialized accounting expertise to help healthcare providers stay financially healthy and operationally sound.
Whether you’re a solo practitioner, a group practice, or a growing multi-location operation, we handle the accounting, compliance, and financial reporting that keeps your practice running — so you can stay focused on patient care.
How We Serve Healthcare & Medical Practices
- Medical Practice Bookkeeping: Maintaining accurate, current financial records that reflect the unique revenue cycle and expense patterns of healthcare practices.
- Accounts Receivable Management: Monitoring AR aging, tracking outstanding insurance claims, and helping practices identify billing gaps that affect cash flow.
- Physician & Provider Compensation Accounting: Calculating and recording physician draws, production-based compensation, and profit distributions in line with partnership or employment agreements.
- Payroll Processing & Compliance: Managing payroll services for clinical and administrative staff with accuracy and on-time compliance with employment tax obligations.
- Practice Expense Management: Tracking and categorizing overhead costs — staffing, supplies, equipment, and facility expenses — to give leadership a clear view of practice economics.
- Outsourced Controller Services: Delivering fractional financial leadership to help growing practices strengthen reporting, manage expansion, and prepare for strategic decisions.
Why Healthcare Practices Choose Us
Medical practices can’t afford financial blind spots. Inaccurate revenue reporting and missed tax obligations can jeopardize a practice’s stability just as surely as a slow payer. We bring the financial discipline and healthcare accounting knowledge to keep your practice on solid ground.
- CPA oversight on all engagements, with proactive tax planning throughout the year
- Discreet, confidential handling of sensitive practice and provider financial information
- Scalable services for solo practitioners through multi-specialty group practices
