Healthcare Accounting
Healthcare accounting services
Plan, Scale or Sustain a Successful Healthcare Organization
Integrate financial management solutions to gain complete control of your financials.
From planning a start-up to scaling into the big leagues, our financial management solutions tie seamlessly into your processes, allowing you to focus on growth instead of semantics.
GPA Consultancy takes care of all your financial management needs
From budgeting to employee payroll and financial reporting, GPA Consultancy has excelled in managing all the financial intricacies within the realm of medical operations for over a decade. This enables providers to concentrate on delivering medical care with confidence, knowing that the financial stability of their operations remains steadfast.
- Get it right from the start
- Establish the best bookkeeping, financial management, and revenue cycle management practices from inception
- Expert guidance regarding budgeting, ROI, and long-term growth goals before starting your own practice
- Cash or Accrual basis of Accounting
- Set-up/conversion to Quickbooks Online/Xero, establish chart of accounts, and preparation of vendor guide
- Employee reimbursements
- Reconciliation on all financial accounts and payroll
Analysis and reporting on all desired metrics Standard financial statements include:
- Balance Sheet
- Profit and Loss Statement,
- Statement of cashflows
- Customized management reports.
Regular meetings to review financial reports and unlimited accounting support
- Plug Accounting services into Revenue Cycle Management Services for a fortified financial solution.
- Cherry-pick additional individual services to integrate with accounting services like Medical Billing, Coding, Credentialing, and Licensing.
- Receive discounts on combination services
Once-off or regular selectable additional services available such as:
Audit AssistanceCustomized Financial Reports/ Specialized ReportsPrior Period Clean-upRelated Party TransactionsConsolidation
Top 5 Reasons Why Healthcare Organizations love working with GPA Consultancy
The flexibility and simplicity that GPA Consultancy offers with our bookkeeping, accounting, and revenue cycle management services to healthcare organizations nationwide are unmatched in the industry.
Flexibility
- Select the individual accounting services that best suit your business at a given point.
- Options available to combine bookkeeping/accounting services with billing, coding, etc at discounted rates
- Specialized Accounting and reporting services available upon request.
Accounting Service Bundles
- Bundling services available to suit your specific needs and budget.
- 5 bundle options available for healthcare organizations of all sizes.
- All options include unlimited accounting support.
Support throughout growth-cycle
- Services offered from inception through all growth phases of the business.
- Fundamental planning and support for preparing a start-up.
- Optimizing accounting and revenue cycles throughout all stages of the business life cycle.
Sensible Analytics
- Focused on the details with an eagle eye on the big picture.
- Clear, intuitive, in-depth reporting and consulting to optimize the revenue cycle.
- Pointing out and recommending optimization/growth areas.
Complete Service Integration
- Leaving no money on the table through sealing financial leaks and iron-cladding the total accounting and revenue cycle.
- Combine bookkeeping/accounting services with billing, coding, licensing, and credentialing, or put them all under one roof, handled by expert teams motivated by your success
GPA Consultancy Accounting and Bookkeeping Tailored Bundles
Select the best solution for your healthcare organization, carefully constructed to suit the needs of healthcare providers, regardless of their position within the organizational lifecycle.
| Services Offered | Starter | Bronze | Silver | Gold | Platinum |
|---|---|---|---|---|---|
| Fixed Monthly Fee | $99 | $199 | $299 | $599 | $899 + add-ons |
| Establish applicable Chart of Accounts | Included | Included | Included | Included | Included |
| Transaction Syncing Volume | Up to 100 Monthly transactions | Up to 200 Monthly transactions | Up to 300 Monthly transactions | 301 Up to 500 Monthly transactions | 501 Up Monthly transactions |
| Accounting Methods | Cash Basis | Cash Basis | Cash Basis | Accrual Basis | Accrual Accounting |
| Monthly reconciliation of all Financial Accounts (bank accounts &/or credit cards) | 1-2 Financial Accounts | Up to 3 Financial Accounts | Up to 4 Financial Accounts | 5-6 Financial Accounts | 7 & above Financial Accounts |
| Payroll reconciliations and recording of appropriate journal entries | Not included | Not included | Not included | Monthly | Semi-Monthly |
| Reconciliation of Accounts Receivables with Medical Billing Team Reports and book appropriate journal entries | Not included | Not included | Not included | Quarterly | Monthly |
| Revenue Reconciliation (*included if client is also engaged with Billing Services) | Cash-basis (Basic Invoices) | Cash-basis (Basic Invoices) | Cash-basis (Basic Invoices) | Accrual Basis (Basic Invocies) | Accrual Basis (Basis/Multi-period Invoices) |
| Monthly financial statements delivery including: | |||||
| Statement of Cash Flows | Not included | Not included | Not included | Not included | Included |
| Financial Report Highlights | Not included | Not included | Not included | Not included | Included |
| Meeting for Review of Financial Statements | Not included | Not included | Semi-annually | Quarterly | Monthly |
Ready to optimize the financial health of your organization?
Combine With Other Revenue Cycle Management Services
Select additional services to complement your bookkeeping and accounting management needs.
Billing Services
- Guaranteed improvement to your current billing with HIPAA Compliant medical billing services covering Coding, Credentialing, Enrollment & Billing.
Medical Licensing
- Expedited Medical Licensing get providers to become billable faster. Medical licensing services for you, your staff, and your organization. Includes physician licensing, non-physician licensing, DEA, CDS, and CLIA.
Medical Credentialing
- Enjoy reliable, fast, easy & economical medical credentialing services through established relationships with payers nationwide.
Complete Revenue Cycle Management
- From a patient’s first contact to accounts receivable, it is complemented by detailed analysis and reporting on the full spectrum of the revenue cycle.
Get a No Obligation Quick Quote for HealthCare Recruitment
Complete the form and someone from our team will be in touch with you!