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
On October 6, 2015, CMS issued its final rule for the EHR Incentive Programs. CMS reaffirmed that medical assistants must have a third-party credential (such as the CMA (AAMA)), and must have sufficient knowledge to handle properly clinical decision support (CDS) alerts.
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 ($18,00 in 2015 as well as 2016). The maximum amount of catch-up contributions that can be contributed in 2015 is $6,000. This catch-up amount remains the same for the 2016 plan year.
These tax provisions expired 12/31/14 but will hopefully be reinstated for 2015.
Individuals: Educator Expense; Mortgage Insurance Premiums; Tuition and Fees Deduction; and Qualified Charitable Distributions.
Business: Section 179-Deduction Limit; Special (Bonus) Depreciation; and Work Opportunity.