Healthcare Professionals

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SEK has over 50 years of experience offering financial consulting services for Healthcare Professionals the healthcare industry. Our in-depth knowledge of the industry and its unique challenges gives us an opportunity to offer targeted services to our healthcare clients.

Accounting and Consulting Services
- New practices/new physicians
- Practice startup assistance
- Cost segregation study
- Financial model of cash needs
- Buy/sell agreements
- Income distribution formulas
- Entity selection and consulting
- Free schedule development
- Budgeting for financing and to ensure appropriate capitalization
- Employment agreements
- Non-compete provisions
Ancillary Service Development
- Review of opportunities for ancillary services/departments
- Accounting and reporting revisions for ancillary divisions
- Cost/benefit analysis of proposed ancillary services
- Development of income distribution methodology for ancillary revenues
Compensation/Benefits
- Design and implementation of incentive compensation programs
- Analysis of staff levels and responsibilities to propose recommendations for optimizing payroll costs
- Design and administration of employee benefit programs
Revenue Optimization/Cost Containment
- Practice management and operations support
  - Assistance with set-up and recruiting
  - Practice performance reviews
  - Workflow improvements
- Billing and collections review
- Financial and statistical analysis, including benchmarking for industry/specialty comparisons
- Fee schedule analysis
- Analysis of practice costs, including comparison of practice expenses to industry averages
Compliance Consulting/Fraud Prevention
- Assistance with compliance programs (HIPPA)
- Internal control review
- Fraud examination
- Litigation support services
Wealth Maximization
- Practice valuation
- Education funding planning
- Retirement planning
- Estate and gift planning
How Our Clients Benefit
- Financial expertise from advisors who are well-versed in tax law
- Information you can understand through reports tailored to your needs
- Affiliations with national associations, including the Healthcare Financial Management Association and Allinial Global’s Healthcare Community of Practice