HCMG - Accounting & Financial Services

	Billing & Collection HCMG provides quality accounts receivable management for physician practices Operations Management HCMG provides practice management services, managed care contracting, and credentialing Accounting & Financial HCMG provides bookkeeping, payroll, and financial services for medical practices Human Resources HCMG provides administration of benefit plans & recruitment of qualified medical office personnel Return to Main Page Go back to the HCMG.net front page

Accounting & Financial

Financial and Accounting Services

Health Care Management Group provides a wide array of financial services, ranging from basic bookkeeping and payroll processing to sophisticated financial reporting and administration of compensation plans. We offer you the flexibility to tailor services to your specific Practice needs.

Accounts Payable Processing

Tracking purchase orders
Paying vendor and independent contractor invoices
Preparing monthly check registers
Preparing annual 1099 forms

Payroll Accounting

Periodic payroll processing, including direct deposit services
Overtime tracking
Preparing annual W-2 forms
Preparing and filing monthly, quarterly, and annual payroll tax forms
Administering physician expense accounts

Retirment Plan Accounting

Administering and implementing qualified retirement programs
Calculating annual contributions
Interfacing with third party administrators and investment managers

Financial Reporting and Analysis

Preparing bank reconciliations
Preparing standard financial reports, including statements of income and expense, balance sheets, and cash flow statements
Physician profitability analysis and supporting productivity-based compensation systems
Reviewing internal controls
Flexible specialized reporting

Financial and Tax Planning

Preparing operating and capital budgets
Year-end planning
Providing customized financial services, as needed