With the multiple challenges of reduced reimbursement, increased government intervention, rising overhead and a volatile economy, it’s more important than ever to plan for the health of your practice.

JPS has extensive experience serving healthcare clients of all sizes, from solo practitioners to multi-specialty groups and other ancillary healthcare providers. Physicians, dentists, physical therapists, surgical centers and durable medical equipment companies are among the healthcare specialties we serve.

Our goal is to develop a strong relationship with each client, allowing us to thoroughly understand their business environment. We want our clients to become as knowledgeable and self-sufficient as possible about their finances and the business of healthcare.

Armed with financial intelligence about your business, you are able to make better decisions that will allow you to achieve growth and financial success.

The services we can provide to your practice include:

• Practice management services, including accounts receivable management, cash controls, negotiation of payer contracts, internal control procedures analysis and implementation, and overhead/cost reduction analysis
• Compensation model design and implementation
• Succession planning and practice transition, including valuation
• Retirement planning
• Coding and chart reviews, with training for documentation
• Fee schedule reviews
• New practice start-up services, including choice of entity formation
• Assistance with negotiations related to financing for real estate, equipment, leased space upfit or practice buy-in
• Assistance in selecting type of ownership for real estate and type of entity for that ownership
• Information technology services, including hardware and software acquisition and support
• Cost segregation studies for achieving enhanced tax benefits for new or existing real estate
• Tax services such as tax planning, research, tax return preparation and compliance
• Financial accounting services that cover bookkeeping, QuickBooks support, forecasts and projections, and financial statement compilations.
• Assurance services, including compilations, reviews and audits of financial statements

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