We take the business out of healthcare
Every month seems to bring additional complexities to healthcare; new layers of paperwork, new regulations to learn, new policies to develop and implement. You can easily spend as much time caring for your practice as you do for the people who seek your professional help. Is this how you wanted to spend your career?
You care for the patients. We take care of everything else.
Grand Management Group is a closely knit team of financial and practice management specialists who focus on the day-to-day, month-to-month, and year-to-year policy and procedural aspects of your practice so that you can focus on patient care. We support you with efficient, personal service; relevant, reliable information; and effective, innovative solutions that keep pace with your changing needs and the requirements of a dynamic profession. We can help you manage financial priorities, enhance your practice management methods, and take full advantage of new opportunities. We offer accounting, tax, retirement, consulting and practice management services that are healthcare specific and seamlessly integrated.
Count on Grand Management Group to manage your practice
so you can practice medicine.
News & Notices
OSHA’s maximum penalties, which were last adjusted in 1990, will increase by 78% effective 8/1/2016. Any citations issued by OSHA on or after that date will be subject to the new penalties. The new maximum penalty for serious, other-than-serious and posting requirements is $12,471 per violation. The failure to abate maximum penalty is $12,471 per day.
Did you know that the DEA requires specific policies for those offices who are electronically prescribing controlled substances? Do you have yours in place? If not, GMG can assist you in staying compliant with these required polices and procedures. Contact Lorie for additional information at moc.gmdnarg@eirol or 616-235-4800.
Plan participants who are or will turn 50 years of age during the calendar year are eligible to make catch-up contributions made by payroll deduction. A catch-up contribution is any elective deferral made by an eligible participant that is in excess of the statutory limit ($18,000 in 2016). The maximum amount of catch-up contributions that can be contributed in 2016 is $6,000.
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