HEALTHCARE

We bring together practice management with the financial tools you need to develop a new venture, identify problem areas in a distressed practice, and grow a successful business.

"I look forward to the quarterly "board meetings" we have with our healthcare clients, says Nisivoccia Partner, Deirdre Hartmann. It keeps them on track and us stay connected so we can help them adjust if needed." 

 

Healthcare providers of all kinds face unique challenges in the business world. Not only do they serve to make incalculable efforts to heal and comfort, but they are also subject to market forces and regulations that require constant vigilance and expert understanding.

As the healthcare industry continues to be impacted by unprecedented uncertainty. With healthcare reform a reality, physician practices and healthcare facilities are faced with declining reimbursements, increased regulations, the change in reimbursements from volume to value, and required investments in technology. Actions to reduce costs, enhance efficiencies and improve the quality of patient care are necessary in today’s environment.

Nisivoccia’s partners and staff possess unique insight into the forces of the industry’s changing regulatory environment and are positioned to help medical groups and medical ventures succeed not just in the delivery of healthcare but to capitalize on emerging opportunities while reducing costs and streamlining efficiency.

 

How We Are Different

Proactive Stewardship

Nisivoccia’s resources and involvement make the difference when it comes to understanding the healthcare and dental industries and being prepared for its ever-changing dynamics. Our quarterly “board meetings” bring together practitioners and administrators in group chats where participants share and explore common problems and successes. From those meetings and our own experiences, our team of experienced accountants, consultants, and financial advisors have grown existing operations as well as helped startup ventures launch successfully. Across the board, no CPA firm has the experience or commitment to your business' success as Nisivoccia.

Healthcare Accounting

Our Expertise Working With The Healthcare Industry

Hospitals

Dental Practices

Nursing Homes

Physicians

Medical and Diagnostic Labs

Ambulatory Surgery Centers

“For over twelve years I have been working with Nisivoccia for both my personal tax preparation needs as well as for my small business's tax preparation needs. In addition to strategies to maximize my tax savings, I've found them an invaluable resource for running my dental practice. They've provided guidance on topics as varied as retirement planning and IT issues. My Nisivoccia accountant, Harlene Stevens, has a keen insight into the workings of a small medical practice. During the COVID crisis, Harlene kept me abreast of very valuable information concerning resources and programs available to me and my practice that I would have otherwise missed out on. She was also instrumental in guiding me through the mandated shut down of my business. I am very thankful to have partnered up with Nisivoccia. I consider my working with them a key component of a successful business strategy.” – Michael Siegel DDS

“Harlene Stevens, from Nisivoccia has been my accountant for over five years. She and her team are wonderful. Harlene has always helped me out and advised me very well. She goes above and beyond a normal professional. During COVID, when my dental practice was closed, Harlene called me on my cell phone at home just to make sure I was doing OK. She is truly caring and very professional. I highly recommend her, and Nisivoccia to all.” – David Herman, DDS

“As a dentist with a very busy practice, I am so happy to be working with Nissivoccia. I met Harlene at the NJDA meeting years ago, switched firms & have never looked back! Nissivoccia’s team understands dental & medical practices (I have referred several other dentists to Nissivoccia too). They are very professional, responsive, & Harlene is wonderful to work with. My experience was so positive that we also switched our benefits to Nissivoccia and work with them for our 401K & profit sharing for our employees. Highly recommend this team!” - Joyce Kurdian

“As a private practice owner of twenty-seven years, I have relied on Nisivoccia for a range of services including business and personal tax preparation, 401K management and investment opportunities and business growth strategies. The team at Nisivoccia has always been knowledgeable, efficient and professional, exceeding expectations for all of my business needs.” - Michael Ward DMD PA, Andover NJ

Maximize Profitability

Analyze revenues, expenses and cost controls.

Increase Efficiency

Review office operations, internal systems, front desk controls and processes.

Preserve Wealth

Minimize taxes and enhance your assets through personal financial planning.

Plan Strategically

Create succession plans, practice valuations and agreements.

Medical Practices

Whether you remain a private practice, merge into a group or become affiliated with a hospital, your practice or facility deserves the same quality of care as your patients. A well-cared for business achieves its maximum level of profitability, and runs efficiently with high patient retention. We care for our medical clients through:

Buy-sell Agreements

Employee Benefit Plan Analysis

Fee Schedule & Compensation Analysis

Financial Statement Preparation

Office Operations Review

Outsourced Accounting

Practice Merger Or Acquisition

Retirement & Estate Planning

Revenue Cycle Analysis

Succession Planning & Practice Valuations

Strategic Planning

Tax Preparation & Planning

Dental Practices

Our clients know how important it is to have a CPA firm that understands their profession. Our team of dental accountants and professionals have provided the following services to over two dozen dental practices.

Tax Savings and Tax Planning

But-sell Agreements for New & Existing Practices

Accounts Receivables & Billing Processes

Budgeting & Cost Controls

Collection Policy Evaluation

Employee Benefit Plan Analysis

HIPAA Compliance Procedures

Managed Care Contract Comparisons

Maximizing Insurance Benefits

Outsourced Accounting

Payroll Analysis & Benchmarking

Real Estate & Equipment Leasing

Latest Healthcare Blog Posts

Fall 2020 Rx for Practice Management

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Meet Our Talented & Caring Team of Healthcare Experts