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LCV Healthcare Services
Today’s healthcare practitioners face an ever changing environment—LCV’s Healthcare Services Group is a team of specialized consultants that have the experience and expertise to help meet these challenges. Combining the knowledge of our accounting and financial professionals with an in depth knowledge of the healthcare industry, LCV goes beyond the traditional accountant’s role, providing strategic planning and ongoing consulting support. This allows the healthcare professionals to concentrate on patient care, while we concentrate on improving your practice’s performance.
LCV’s Healthcare Services Group offers a wide array of services, including:
Conventional Accounting and Tax Services
- Monthly, quarterly, or annual accounting and reporting systems
- Tax planning and consulting services for the reporting group and the physicians
- Payroll services
Compensation Plans
- Design of compensation plans using fixed and variable components
- Review of existing plans for enhancements
- Calculation of physicians bonuses
Consulting Services
- Employment agreements
- Bylaws
- Buy-Sell agreements
- Relationship of corporate agreements
- Ancillary services
- Budgeting
- Retirement Plan analysis
- Cost/Benefit analysis
- Information Technology
In addition, our Healthcare specialists have experience operating as the controller in a number of physicians groups, and have worked on obtaining loans for construction of new facilities, including negotiations with banks, budgeting, and strategic recommendations to the practices. The LCV Healthcare Group has worked with a wide variety of medical practitioners, including:
- Orthopedics
- Obstetrics and Gynecology
- Neurosurgery
- General and Specialty Surgery
- Cardiologists
- Pediatrics
- Nephrology
- Anesthesiology
- Chiropractic
- Dentistry
- Oral Surgeons
- Endodontics
From practice start up, to reorganization for growth, to retirement and succession planning, LCV Healthcare Group delivers innovative solutions for increasing profits.
LCV is a member of the PKF North American Network, an association of 96 accounting firms, and is an integral part of the PKF Healthcare Services Group, adding additional resources, research, and support, should additional expertise be required. This affiliation also includes continuing education and access to a vast network of information, experience, and contacts in the healthcare industry across the United States.
If you would like to maximize practice profitability, control tax liability, and minimize asset exposure to claims, contact Michael Smith, Director of Healthcare Services Group at msmith@lcvcpa.com.
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