“Our experience with physicians has revealed that some of our customers like to have one accounting firm work ‘internally’ and a different, independent firm work ‘externally,’ ” says David M. Becker, CPA, CFO/accounting director for MedHQ. “The advantage of doing it this way is the accounting controls and checks and balances. This structure is recommended for larger physician-owned ASCs that typically have many unaffiliated owners.”
MedHQ has provided accounting services since 2002. A part of this service was yearend assistance provided to outside tax accountants, and firms that prepare the tax returns, or do reviews and or audits. The new offering to smaller facilities compliments its current work for private, closely-held firms, such as a small doctor’s practice or practice-centric ASC, which sees MedHQ providing monthly accounting services for its clients.
“Our professional CPAs take pride in providing the most accurate financial information possible on a monthly basis to managers and physicians in order for them to make well informed decisions,” says Mr. Becker. “It is because of our energy, innovation, and quality of work that has enabled us to develop a great trust with our clients. It is this trust factor that makes us a good fit to take the next step in the accounting process and add tax return preparation work.”
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