Accounting Services for Physical Therapists
Running a physical therapy practice comes with unique financial demands. From managing insurance reimbursements to planning for growth, physical therapists face challenges that require more than generic accounting. At Angelo & Associates CPAs, we provide specialized accounting services for physical therapists that simplify your financial management, reduce stress, and free you to focus on delivering high-quality patient care.
Our team works closely with rehabilitation professionals, outpatient clinics, and private practices. We understand the complex reimbursement cycles, high equipment costs, and compliance requirements that shape your business. With our experience, you'll gain a partner who not only manages your books but also provides proactive strategies to strengthen profitability and prepare your practice for long-term success.
Why Physical Therapy Practices Need Specialized Accounting
Physical therapists balance both clinical and business responsibilities. The most common challenges include:
Insurance Reimbursement Delays
That create cash flow uncertainty for PT practices.
High Overhead Costs
Such as specialized equipment, facility modifications, and staff compensation.
Regulatory Requirements
That demand accurate reporting and compliance with healthcare standards.
Growth Planning Difficulties
When expanding locations or adding new staff require careful financial planning.
Our specialized accounting services for physical therapists are designed to address these challenges with solutions that are tailored to the realities of your practice.
Comprehensive Accounting Services for Physical Therapists
We provide a full suite of services that cover your day-to-day bookkeeping needs, proactive tax planning, and long-term growth strategies.
Bookkeeping & Financial Management
Accurate bookkeeping is the foundation of a strong practice. We provide:
- Insurance reimbursement tracking to monitor payments and claims
- Categorization of practice expenses for clear reporting and tax efficiency
- Cash flow management strategies that address the delays common in healthcare reimbursements
- Monthly and quarterly reporting to help you make informed decisions
With our guidance, you'll gain clarity and control over your practice finances.
Learn moreTax Strategy & Planning
Tax planning for physical therapists requires a proactive approach. Our services include:
- Identification of PT-specific deductions such as equipment purchases, certifications, and continuing education
- Entity structure optimization to reduce liability and maximize tax savings (LLC, S-Corp, etc.)
- Equipment acquisition and financing strategies
- Retirement and succession planning
By leveraging our experience, you'll minimize your tax burden while keeping your practice compliant.
Learn morePractice Growth & Development
A successful therapy practice must also plan for the future. We offer:
- Benchmarking your practice performance against industry standards
- Expansion planning for new locations or service lines
- Staff compensation and incentive strategy development
- Long-term financial planning to prepare for growth and transition
Our goal is to help you scale sustainably while maintaining excellent patient care.
Learn moreWhy Physical Therapists Choose Angelo & Associates
Industry Expertise
We have extensive experience working with physical therapy practices and understand the unique financial challenges of rehabilitation services, from billing cycles to high operating costs.
Regulatory Compliance
Our systems keep your practice compliant with all healthcare regulations and reporting requirements while ensuring you capture every allowable benefit.
Tax Optimization
We identify and implement deductions and credits specific to physical therapy practices so you never overpay taxes.
Time Savings
With our team managing your financial operations, you can focus on what you do best—treating patients and growing your practice.
Frequently Asked Questions
Common questions about our accounting services for physical therapists
How do you help with insurance reimbursements?
We set up systems to track and reconcile claims, monitor reimbursement timelines, and optimize billing processes to improve revenue capture and cash flow stability.
What tax deductions are common for physical therapists?
PT practices can deduct specialized equipment, continuing education, certifications, professional liability insurance, clinical supplies, and certain facility modifications for ADA compliance.
How do you support practice expansion?
We provide financial feasibility analysis, cash flow projections, and staffing models to help you make informed decisions when opening new locations or expanding services.
What is the best entity structure for a PT practice?
It depends on your goals. We evaluate liability protection, tax implications, and growth plans to recommend the most effective structure—whether sole proprietorship, LLC, or S-Corp.
Simplify Your Practice Finances with a CPA Who Understands PT
At Angelo & Associates CPAs, we provide more than just bookkeeping—we provide peace of mind. Our accounting services for physical therapists are designed to help you stay compliant, reduce your tax liability, and plan for sustainable growth. Let us handle the numbers so you can focus on your patients.