Accounting Services
Specialized accounting solutions designed for healthcare practices — from general ledger management to financial statement preparation — ensuring your books are always audit-ready and GAAP compliant.
Why Healthcare Practices Need Specialized Accounting
Healthcare accounting is fundamentally different from general business accounting. Between multi-payer reimbursement models, complex revenue recognition rules, and regulatory compliance requirements, your practice needs an accounting partner who understands the nuances of medical finance.
RevTechSquare's accounting team brings deep healthcare financial expertise to every engagement. We don't just crunch numbers — we provide actionable financial intelligence that helps you make better business decisions, optimize cash flow, and maintain full regulatory compliance.
Our Healthcare Accounting Services Include
- General Ledger Management: Complete chart of accounts setup, maintenance, and reconciliation tailored to healthcare chart structures.
- Financial Statement Preparation: Monthly, quarterly, and annual financial statements including income statements, balance sheets, and cash flow statements.
- Accounts Payable & Receivable: End-to-end AP/AR management with vendor payment processing and patient collection oversight.
- Bank & Credit Card Reconciliation: Monthly reconciliation of all accounts ensuring accuracy and fraud detection.
- Payroll Processing: Full-service payroll including tax withholdings, benefits deductions, and W-2/1099 preparation.
- Financial Reporting & KPIs: Custom dashboards tracking key financial metrics specific to medical practices.
The RevTechSquare Difference
Unlike generic accounting firms, our team understands healthcare-specific accounting standards, multi-location practice consolidation, and the unique cash vs. accrual considerations that medical practices face. We integrate seamlessly with your existing practice management system to provide real-time financial visibility.
What's Included
General Ledger Management
Financial Statements
AP/AR Management
Bank Reconciliation
Payroll Processing
Financial KPI Dashboards
Key Performance Metrics
Frequently Asked Questions
Yes. We work with QuickBooks, Xero, Sage, and healthcare-specific platforms like Kareo and AdvancedMD. We integrate directly with your practice management system for seamless financial data flow.
Absolutely. We specialize in consolidating financials across multiple practice locations, providing both location-level and consolidated reporting for group practices.
We provide monthly financial statements by the 15th of the following month. Custom reports and KPI dashboards can be configured for weekly or real-time access.
Our accounting services prepare all year-end financial documentation. For tax filing, we work with our taxation team or your existing CPA to ensure seamless year-end processing.