Services

Our Service Designed for Healthcare Excellence

Reliable Bookkeeping

Keep Your Books Clean and Clear

With our expert bookkeeping services, you get precise, organized financial records tailored for your practice. We provide monthly Profit & Loss statements, Balance Sheets, and Cash Flow Statements, ensuring you have the accurate data needed to run your business effectively. Gain peace of mind knowing your financials are always in order, allowing you to focus on what matters most—your patients.

Comprehensive Peace of Mind

Trust Your Financials to the Experts

At Med Firm, we are more than just accountants—we’re your partners in success. Our team brings unparalleled expertise and a deep understanding of the healthcare industry, helping numerous businesses like yours thrive. Trust us to handle your financials with the care and precision they deserve.

Future-Proof Your Practice

Build a Strong Financial Foundation

We help you establish a robust financial foundation that keeps pace with your growth. With our expert guidance, you stay compliant, maintain accuracy as your practice evolves, and meet the expectations of your stakeholders. Enjoy a future free of financial stress, knowing you have the support to handle whatever comes next.

Flexible Partnership

Grow Confidently with a Trusted Ally

Partner with us for the long term and scale your practice with confidence. Our services adapt to your unique needs, offering the flexibility to support you as you grow from a small practice to a larger healthcare group. We are committed to being the reliable partner you can trust, every step of the way.

Efficient Communication

Save Time and Stay Informed

Our user-friendly portal simplifies communication, reducing time-consuming back-and-forth emails. Get prompt responses to your questions, clear updates, and essential insights that keep you informed and in control of your finances.

Our Service

Accounting Services

Reliable Reporting for Better Decision-Making: We provide accurate, timely financial reporting, including monthly P&L statements, Balance Sheets, and Cash Flow Statements. This reliable data allows Med Firm to focus on strategic growth while maintaining a clear financial overview.
Expert Support and Clean Books: Our team ensures that your books are squeaky clean, organized, and aligned with your business needs. We customize our approach to your specific industry requirements, enabling you to operate more effectively and confidently.
Streamlined Integrations: We synchronize your preferred financial tools seamlessly into our systems, ensuring a hassle-free, efficient monthly bookkeeping process.

Business Advisory Services

Our business advisory services are designed to help privately held healthcare businesses navigate the complexities of today’s industry. We understand that running a healthcare practice involves more than just providing care—it requires a strategic approach to financial management, regulatory compliance, and operational efficiency.
Our expert advisors offer tailored insights to help you optimize performance, streamline operations, and plan for sustainable growth. With our guidance, you can make informed decisions that strengthen your business, improve profitability, and ensure long-term success in a rapidly evolving marketplace.

Fractional CFO Services

Advanced Financial Planning and Analysis: Our expert CFO team supports you with building financial models, budgeting, forecasting, and fundraising preparation. We provide strategic insights tailored to help Med Firm grow from a small practice to a larger entity.
Scenario Planning and Decision-Making Support: We help you navigate critical decisions by providing scenario-based planning, such as Base, Bull, and Bear Case scenarios, ensuring Med Firm is prepared for various market conditions.
Expense Management and Scaling: Our CFO services include cash management strategies, expense tracking, and optimizing your financial operations to free up liquidity and maximize efficiency.

Tax Services

Comprehensive Tax Preparation and Compliance: We handle all aspects of tax filing for Med Firm, including business income tax returns, 1099 filings, and state-specific filings. Our dedicated tax preparer will ensure you remain compliant with all federal and local regulations.
Streamlined Online Tax Process: With our seamless online process, you will have real-time access to your tax filing status, ensuring peace of mind and allowing you to focus on your business.

Business Valuation Services

Our business valuation services are essential for privately held healthcare businesses seeking to make informed decisions about growth, succession planning, or transitioning ownership. Accurate valuations provide a clear understanding of a company’s financial health and market position, which is crucial for strategic planning, securing financing, or negotiating mergers and acquisitions. With our in-depth knowledge of the healthcare industry, we provide valuations tailored to the unique challenges and opportunities in this sector, ensuring that your business is positioned for long-term success and stability.

R&D and Other Tax Credits

Maximize Your R&D Tax Credits: Med Firm can save significantly through R&D tax credits. We manage the entire claims process—from identifying eligible expenses to filing the required paperwork with the IRS—so you can benefit from potential savings of up to $500,000.
End-to-End R&D Credit Service: Our services cover everything from conducting an R&D tax study to preparing and submitting the necessary documents to the IRS, providing a stress-free way to claim these credits

How We Work

Personalized Onboarding

Personalized Onboarding: We take the time to understand your practice, connecting to your financial data sources and tailoring our approach to meet your bookkeeping needs. This sets the stage for accurate, customized financial management from day one.

Streamlined Communication

Connect directly with your team through our intuitive portal. Easily ask questions, provide feedback, and stay on top of any outstanding items needed to finalize your books each month.

Accurate Financial Reporting

Receive monthly P&L, Balance Sheet, and Cash Flow reports that give you clear insights into your practice’s financial health. Stay up-to-date with real-time data, directly accessible in our portal.

Seamless Integrations

We seamlessly integrate with the financial tools you already use, making your monthly bookkeeping process smooth and effortless.

Your All-In-One Accounting Partner

Tax Services

Let us handle your tax preparation and filings, including 1099s and local and federal tax returns, so you remain fully compliant with IRS regulations.

R&D Tax Credit

Maximize your savings with the R&D tax credit, potentially reducing your tax liability by up to $500,000 per year. We manage the entire claiming process, letting you focus on growing your practice.

CFO Services

Let us handle your tax preparation and filings, including 1099s and local and federal tax returns, so you remain fully compliant with IRS regulations.

Get Started

Don’t let financial management distract you from patient care. Partner with Med Firm LLC to handle your accounting, tax, and business advisory needs with confidence. Contact us to learn more about how we can support your healthcare business.