HEALTHCARE CONSULTING - PHYSICIAN PRACTICE MANAGER

Compensate physicians for the management of a hospital department or service line by establishing a co-management arrangement. Improve the quality and operational effectiveness of the hospital, while developing a more loyal and cohesive relationship with physicians. Our clinical co-management arrangement services include:

• Aligning the interests of hospitals and physicians
• Facilitating collaboration to improve accountability and lower costs
• Developing joint metrics
• Facilitating the negotiation process

To effectively meet the needs of our healthcare accounting clients, SVA’s team of experts has developed customized services specifically for physicians. Our services are designed to streamline the business side of your practice by providing comprehensive accounting, tax and business consulting services.

With over 40 years of experience, our skilled professionals provide the timely expertise and practical tools physicians need to build and maintain successful, thriving practices.

Our team brings innovative tactics in business consulting, practice management and technology to assist you in running cost-effective and efficient offices. Together it culminates in better patient care, smoother running practices and, ultimately, a healthier bottom line.

• Advisory meetings
• Asset management services
• Benchmarking
• Bookkeeping services
• Budget analysis
• Cash basis closings
• Cash management
• Compensation and benefits
• Compensation formulas
• Cost control
• Financial evaluation of contracts
• Financial statements
• Management reporting
• Payroll processing
• Profitability analysis
• Trust and estate services

You’ve worked hard to build your practice. When it's time to put a dollar value on your practice, you need a valuation from experienced analysts who understand business as well as the unique characteristics that contribute to the value of a healthcare practice.

Our healthcare valuation experts understand healthcare operations as well as the intangible variables that add to the complexity of a practice valuation.

SVA’s healthcare professionals work diligently to remain on the forefront of accounting and tax law changes affecting your practice. Our team of certified public accountants closely monitors the new and evolving policies in order to provide you with practical, proven solutions and strategic planning for the ‘real-world’ business scenarios you face.

We strive to help you achieve measurable results in your medical practice. SVA offers a full line of services including:

• Tax planning and consulting
• Income tax return preparation
• Corporate and partnership tax returns
• Individual and children’s trusts
• Personal property tax
• Independent contractor, miscellaneous transactions (IRS 1099 and 1096) reporting
• Estate tax planning

In today’s economic and healthcare environment, hospitals recognize that a joint-ventured Ambulatory Surgical Center (ASC) with physicians is a key business strategy. Physician-hospital joint ventures can create more flexibility for the physician owners with regard to clinical care, equipment, staffing and other important aspects of treating patients as well as increasing their personal income. Hospitals benefit from a more efficient and cost-effective center when the physicians are acting and thinking like owners.

Physicians and hospitals approach these ventures from unique perspectives, both having their own objectives. SVA’s healthcare professionals have the necessary expertise to help create a successful physician-hospital joint venture with services including:

• Financial Consultation related to and during Negotiations
• Value Determination
• Governance
• Reimbursement Analysis/Impact
• Entity Structuring