How a Practice Analysis Can Open Up New Tax Planning Opportunities
A comprehensive medical practice analysis involves digging into detail. The overall goal, of course, is to find opportunities for improvement. Whether those opportunities are financial, qualitative, efficiency-based, or even personal, the question is the same: how can we create the … Read more…
Webinar: Physician-Owned Clinics & Tax Reform Opportunities
Presented by Healthcare CPAs and Practice Advisors Nicole McOmber, CPA and Brian Newton, CPA, this webinar looks at a wide range of tax opportunities that impact physician-owned clinics. You’ll learn: The impact of the Qualified Business Income Deduction The new real estate and … Read more…
PNW Medical Managers Conference – Topic Survey Results
My colleagues, healthcare practice advisors Brian Newton, CPA and Elliott Tracy, CPA and I attended the Pacific Northwest Medical Management Conference in Tacoma. The May 8 – 10, 2019 event was held at the Tacoma Convention Center and the Hotel … Read more…
Connect with us at the PNW Medical Managers Conference in Tacoma
The Pacific Northwest Medical Management Conference is coming up on May 8-10, 2019 at the Hotel Murano and the Greater Tacoma Convention Center. We are looking forward to this opportunity to connect with our clients, partners, and the entire practice … Read more…
2019 State of the Medical Practice
Our Healthcare Webinar series recently featured guest speaker Elizabeth Woodcock, MBA, FACMPE, CPC, nationally recognized expert on medical practice management, operations, and revenue cycle. As a follow up to her “2019 State of the Industry” webinar, she shares this article … Read more…
Healthcare Webinar “2019 State of the Industry”
Originally presented as a live webinar, author and healthcare practice expert Elizabeth Woodcock, MBA, FACMPE, CPC gave us a sneak peek at what medical practices can expect in 2019. VIEW WEBINAR “The times they are a changin’…” This mantra rings true … Read more…
Healthcare Webinar “Ask the Experts: Protecting Your Practice from Fraud”
Healthcare providers face numerous fraud and security risks, from embezzlement and theft to ransomware and data privacy. Implementing internal controls and complying with local, state, and federal regulations can be difficult for providers who already focus on a range of … Read more…
Practical Management for Independent Practices
This excellent post is from Pacific Northwest Healthcare Practice Consultant Lonnie Hirsch of Hirsch Healthcare Consulting. Lonnie has identified top 10 challenges that face physician-owned independent practices. The list includes financial and profitability challenges, the emotional states of being overwhelmed and confused, time and resource constraints, physiological barriers to success, and more…
Potential Strategies for Physicians When Considering The New 20% Pass-Through Deduction
Tax reform, commonly referred to as the Tax Cut and Jobs Act, has many new provisions that became effective for tax years beginning January 1st, 2018. One provision in particular created a deduction up to 20% of “qualified business income” earned from pass-thru entities and sole proprietors…
Depreciation Tips for Small Healthcare Clinics
Growing your practice by investing in new high-technology medical equipment is one of the best strategies for the success of your business. Interest rates are still very low and business loan interest is still 100% tax deductible. The newest technology … Read more…
