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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

Tax Appointments

If you would like to set up a tax appointment give us a call or send an email!

Deadline of September 30 for MIPS review and appeals
                                MIPS ( Merit- based Incentive Payment System) feedback, scores, corresponding bonuses and penalties have been released by CMS. If your group participated in MIPS be sure to review your 
                                Score and payment adjustment information. For more information click the following link
Retirement Maximums

The 401(k) maximum increased in 2019 from $18,500 to $19,000. The catch up contribution limit stayed at $6,000.

HSA Contribution Limits

The HSA contribution maximums for 2019 have increased. The single limit went up to $3,500, while the family limit increased to $7,000. The catch up contribution stayed at $1,000.

Annual Breach Reporting Due to HHS by 3/1/19

In addition to notifying affected individuals and the media (where appropriate), Practices (Covered Entities) are required to notify the Secretary (HHS) no later than 60 days after the end of the calendar year in which the breaches were discovered.  If a breach affected 500+ individuals, covered entities are required to notify HHS without delay.  Breaches of less than 500 individuals must be reported on an annual basis.  To submit the reportable breaches, visit HHS’s website and complete the electronic breach report form.    https://www.hhs.gov/hipaa/for-professionals/breach-notification/breach-reporting/index.html

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