Medical Practice Consulting Services
Specialized accounting and consulting for physician-owned and multispecialty medical groups.
Who We Serve
The Business of Patient Care
Every medical practice faces its own operational challenges. Staffing demands, revenue cycle issues, and administrative inefficiencies can cost valuable time and revenue while affecting the patient experience.
DMJPS medical practice consultants provide tailored analysis and actionable guidance from formation through succession. We help you manage the business side of medicine so you can spend more time caring for patients.
The DMJPS Difference
Decisions within a healthcare practice rarely affect just one part of the business. Changes to ownership, compensation, staffing, growth, or operations can also have tax, accounting, cash flow, and long-term financial implications.
Because DMJPS is a full-service CPA firm with extensive experience serving medical practices, our healthcare consultants can draw on resources from across the firm when needed. That broader perspective helps us look beyond the immediate issue and consider how a decision may affect the practice as a whole.
Experienced, Credentialed Professionals
Our credentials reflect the specialized knowledge and professional standards our team brings to each engagement.
Certified Healthcare Business Consultant
CPA
Certified Public Accountant
EA
Enrolled Agent
CPB
Certified Professional Biller
CPCO
Certified Professional Compliance Officer
Advice Shaped Around Your Practice
Healthcare practice consulting is not a one-size-fits-all service. Specialties, markets, and operational structures vary, so our team works closely with you to understand your organization and address its specific challenges.
By combining healthcare practice consulting, accounting, and tax planning experience, we provide insight across every facet of your operations. Few firms offer this same breadth of healthcare and financial specialization.
Medical Practice Accounting & Operations Review
We evaluate the systems and procedures that influence efficiency, profitability, and day-to-day performance.
Review includes:
- Accounts receivable systems
- Cash control procedures
- Billing and collection procedures
- Personnel policies
- Insurance reimbursement
- Reports with appropriate recommendations
- Assistance implementing recommended changes
- Managed care contracting and negotiations
Medical Coding & Reimbursement
We work closely with practices and providers to strengthen documentation, improve coding accuracy, and increase revenue.
Services include:
- Evaluation and management coding
- CPT-4 coding and documentation guidelines
- ICD-10-CM coding for medical necessity
- Chart audits
- Bell curve analysis
- Provider education
Healthcare Compliance Plan Development
Our consultants can develop, implement, and provide training for essential healthcare compliance documents.
Services include:
- Medicare billing and reimbursement compliance plans
- HIPAA compliance
- OSHA compliance
Medical Practice Management & Growth Advisory
We provide strategic guidance for ownership, personnel, transitions, and long-term financial planning.
Services include:
- Compensation reviews
- Personnel development and management
- New practice startups
- Fee schedule reviews
- Practice transitions
- Overhead reviews
- Practice surveys
- Practice valuations
- Information technology services
- Retirement planning
- Financial planning
- Pro forma financial statements
Monthly Accounting & Financial Reporting
Our ongoing financial services give owners and leadership timely information for managing the organization.
Services include:
- Internal control assessments and remediation
- Financial statement audits and reviews
- Single Audits under Uniform Guidance for federal funding
Tax Planning & Compliance for Medical Practices
Our tax professionals provide accounting, planning, compliance, and representation.
Services include:
- Business and individual tax preparation, including income, estate, property, excise, and sales taxes
- Planning across all tax areas
- Audit defense across all tax areas
- Tax research
- Business valuations
A DMJPS Podcast
Practice Matters
Our People
Partner With DMJPS
Even the most well-run medical practices can benefit from a second set of eyes. Our medical practice consulting and advisory services provide the specialized assistance your leadership needs. Make the choice to establish a well-managed practice for your patients, staff, and bottom line.
Contact DMJPS for a complimentary consultation today. Our offices across North Carolina are ready to meet with you in-person or by secure teleconferencing. Discover the benefits of working with a firm that combines specialized knowledge and experience with personalized professional services.
Industry Experience
From construction and manufacturing to healthcare and real estate, see how we help organizations across North Carolina and surrounding states.
Keep Exploring
See our full range of services and learn how DMJPS can support your business through changing needs and new opportunities.
Helpful Resources
Explore helpful resources, tools, and updates from the DMJPS team to help you stay informed and plan ahead.