Medical & Wellness Practices
At Buckno Lisicky & Company, we understand the financial and operational complexities faced by medical and wellness practitioners. Whether you’re part of a not-for-profit organization or an investor-owned healthcare provider, our expertise helps ensure financial stability, regulatory compliance, and operational efficiency. We serve a variety of healthcare providers, including diagnostic centers, long-term care facilities, continuing care retirement communities, and home health agencies.
Our Services Include:
Comprehensive Financial Analysis & Cost Allocation
Accurate financial tracking is essential for healthcare businesses. We provide thorough reviews and analyses, including:
- Patient Volume & Service Analysis: Evaluating patient volume, procedures, and professional time to ensure proper cost allocation.
- Practice Valuation: Assessing the financial worth of medical practices for sales, mergers, or strategic planning.
- Comparative Industry Summaries: Providing benchmarks and insights to measure financial performance against industry standards.
- Ongoing Interim Financial Reporting: Keeping you informed with regular financial updates to support decision-making.
Practice Management & Consulting
Efficient management of a medical practice is crucial to its success. Our consulting services cover:
- Office Procedure Consulting: Streamlining administrative processes for efficiency and accuracy.
- Management Procedure Consulting: Enhancing overall practice management for improved patient care and profitability.
- Budgeting & Forecasting: Helping healthcare providers plan for future financial needs and market changes.
- Physician Compensation Planning: Structuring compensation models to align with business goals and market trends.
Strategic Planning & Growth Advisory
We help medical practices navigate mergers, hospital negotiations, and strategic partnerships with services such as:
- Practice Mergers & Negotiations with Hospitals: Assisting in aligning private practices with hospital systems.
- Productivity Modeling: Developing financial models to optimize resource allocation and revenue.
- Private Practice vs. Hospital Alignment: Evaluating the benefits and challenges of independent practice versus hospital affiliation.
- Evaluation of Practice Marketability: Assessing growth opportunities and market positioning.
Why Choose Buckno Lisicky & Company?
With decades of experience serving medical and wellness practitioners, we provide tailored financial solutions to help healthcare providers optimize costs, improve profitability, and stay compliant with industry regulations.
- Industry Expertise: Our team understands the unique financial challenges of healthcare providers.
- Customized Solutions: We tailor our services to meet the specific needs of private practices, group practices, and healthcare organizations.
- Proactive Financial Guidance: We help you stay ahead of financial challenges and identify growth opportunities.
Contact Us Today
Let Buckno Lisicky & Company be your trusted financial partner. Contact us today to learn how our medical and wellness accounting services can help your practice thrive.