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Accounting Services

Some firms will gladly help you extinguish a fire; we will help you prevent one. We are proactive and hands-on in all financial assessment and reporting. We keep our clients close and tend to be actively involved, not just quarter-to-quarter or year-to-year but weekly, even daily if necessary. Grand Management Group accounting professionals can provide objective advice and critical guidance with every report, adding meaning to the numbers.

Accounting & Financial Statement Services

  • Preparation and review of financials
  • Department and cost center accounting
  • Statistical comparisons
  • Overhead analysis
  • Daily Balancing – Errors, even small ones, pile up quickly over a week, month or quarter. We have long supported the practice of daily balancing.

Solo & Group Practice Services

  • Income splitting formulas - We are experienced third-party negotiators, assuring that all partners are happy with compensation and benefit contracts.
  • Practice valuations
  • Recruitment - If additional professionals are required, it can often mean that you are too busy to look for them. We can recruit, screen and recommend.
  • Benefits planning
  • Business start-up services - From finding the perfect site, to hiring the right staff, from providing training services to credentialing – there is no aspect of launching a healthcare practice at which we are not experienced and adept.

News & Notices

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

Our Team

Meet our accounting specialists

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