Accountants for Doctors
Running a medical practice involves more than caring for patients—it requires careful financial management to navigate complex reimbursement systems, high operating costs, and strict regulatory requirements. At Angelo & Associates CPAs, we specialize as accountants for doctors, providing tailored solutions that simplify your finances and position your practice for growth.
Our team has extensive experience delivering accounting services for doctors and physician groups. Whether you operate a solo clinic, a specialty practice, or a large multi-location group, we offer strategies that help you reduce costs, stay compliant, and achieve long-term financial success.
Why Doctors Need Specialized Accounting
Medical practices face challenges that go far beyond traditional small businesses:
Complicated Reimbursement Models
From insurance companies, Medicare, and Medicaid.
Physician Compensation Plans
That vary by salary, productivity, or partnership models.
High Operating Expenses
For staff salaries, medical equipment, and facility costs.
Practice Transitions
Such as buy-ins, buy-outs, or mergers.
Our role as a CPA for physicians is to simplify these complexities, ensuring you have clear financial data to guide business decisions while remaining focused on patient care.
Comprehensive Accounting Services for Doctors
We provide a full suite of services that cover your day-to-day bookkeeping needs, proactive tax planning, and long-term growth strategies.
Bookkeeping Services for Doctors
Accurate bookkeeping is the foundation of a strong medical practice. Our bookkeeping services for doctors and clinics are designed to keep your practice organized, compliant, and profitable.
- Insurance billing and reimbursement tracking
- Expense categorization for staff, equipment, and facilities
- Payroll and benefits management for large clinical teams
- Monthly and quarterly financial statements for reliable decision-making
Our bookkeeping for medical practices ensures you always know your financial position, with systems designed to manage both patient revenue and complex operating costs.
Learn moreAccounting Services for Medical Practices
We go beyond bookkeeping to provide comprehensive accounting services for medical practices:
- Profession-specific tax deductions for doctors and specialists
- Quarterly tax payment planning and compliance support
- Entity structure optimization (LLC, S-Corp, partnership) for liability protection and tax efficiency
- Cash flow forecasting designed around medical billing cycles
- Retirement and succession planning tailored for physicians
Our services provide peace of mind that your practice is not only compliant but also financially optimized for long-term success.
Learn moreStrategic Financial Guidance for Physicians
Where we add the most value is in helping doctors translate clinical success into financial growth:
- Compensation model analysis – We review productivity-based, partnership, or hybrid models to ensure fairness and profitability
- Practice benchmarking – Compare your performance to industry standards for revenue, overhead, and collections
- Expansion and merger planning – Cash flow projections, feasibility studies, and financing strategies for adding new providers or locations
- Transition planning – Buy-ins, buy-outs, and succession planning to protect your legacy and maximize value
As your financial advisor and CPA for physicians, we align both your practice goals and personal financial security.
Learn moreWhy Doctors Choose Angelo & Associates
Industry Expertise
We understand how physician practices operate, from private clinics to large groups.
Compliance Assurance
Our systems maintain IRS and healthcare compliance, including Medicare/Medicaid reimbursement structures.
Tax Optimization
We identify deductions specific to physicians and implement strategies to minimize liability.
Time Efficiency
With our team managing the financial side, you gain back valuable time to focus on patient care.
Frequently Asked Questions
Common questions about our accounting services for doctors
Do you have experience with physician groups?
Yes. We work with solo doctors, specialty practices, and large multi-location groups, tailoring our services to fit the structure and size of your practice.
What deductions are available to doctors?
Common deductions include medical equipment, continuing education, professional dues, malpractice insurance, licensing fees, and office/facility costs.
How do you handle physician compensation models?
We provide analysis and financial modeling for salary-based, productivity-based, and hybrid models to ensure fair, sustainable compensation.
Can you help with practice transitions or mergers?
Absolutely. We offer valuations, cash flow analysis, and buy-in/buy-out planning to support smooth transitions and protect your investment.
Partner with Experienced Accountants for Doctors
At Angelo & Associates CPAs, we combine industry-specific expertise with proactive strategies. Our accountants for doctors deliver bookkeeping, tax, and financial guidance that help medical practices thrive. Whether you're a solo physician or part of a large group, our specialized services give you clarity and confidence in every stage of practice management. Schedule a Consultation - Call Us: 732-382-2272