Practice Management

Practice ManagementGood practice management can not only improve your income, it can also improve the working environment for you and your staff.

As medical specialists we are in a position to provide you with a detailed analysis of the performance of your practice.

Practice benchmarking

  • As Ireland’s only medical specialist accountants we are in a position to assess the performance of your practice in comparison to:
    • GMS National income trends.
    • Practices of similar size.
    • Practices of similar income streams.
    • Practices operating within the same region.

 Practice management

  • Services include the preparation of monthly/ quarterly practice management accounts with reviews to discuss practice cashflow and the control of costs.
  • Advice on the implemention on internal practice controls and systems training.
  • We carry out practice process flow charting to map your internal process and the contact points with patients.
  • The operation of payroll services to ensure your payroll is carried out in line with Revenue guidelines and payroll returns are made in a timely fashion.
  • Advice on the merging of medical practices.
  • The provision of forensic accounting services.

  Practice Valuation

  • We provide practice valuation for potential vendors and purchasers of medical practices.
  • Valuations for the purpose of court proceedings in the event of separation and divorce.