Physician Practice Management

Accounting, tax, coding, and compliance services

Having served medical practices of all sizes in multiple fields, we are intimately familiar with operational intricacies and challenges. However, in the ever-changing healthcare industry, we know there is no one-size-fits-all approach to taking care of our clients. We develop an individualized service plan that meets each client’s needs and budget. In fact, we have assisted practices grow from start-ups through stages of rapid growth and through ownership transition, including the sale of a physician practice to a public company.

In addition to traditional audit, tax, and accounting services, KraftCPAs provides a wide range of consulting services for physician practices. Our multi-discipline approach to serving medical practices represents our commitment to go beyond the basics and provide value-added services that will increase the efficiency and effectiveness of our clients’ operations. We meet the needs of our clients by providing exceptional and innovative services that exceed expectations.

Physician Practices CPA Services

Financial statement audit, review, and compilation
Internal audit outsourcing
Benefit plan audit and administration
IT audit
Network and cybersecurity
Technology consulting
Policy and procedures review
Tax return preparation and consulting
Multi-state tax services
Accounting outsourcing and assistance
Interim CFO or controller
Executive search
Turnaround and restructuring
Capital formation (debt and equity assistance)
Due diligence
Merger and acquisition assistance
Investment advisory services
Expert reports and litigation support

Specialized Healthcare Services for Physician Practices

Revenue cycle management
Projections and impact analysis
Operational assessments
Compensation analysis
Coding and documentation audits
RAC appeals and risk assessments
Clinical documentation improvement
ICD-10 education
HIPAA, HITECH, and HITRUST compliance
Coding education and training
Development and review of compliance plans
Clinical service/process improvement
Independent Review Organization services

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