Medical Profession

You didn't spend all those years in training so that you could learn to diagnose a complicated spreadsheet. Luckily, we did!

Since 1940, McDaniel & Associates has been the choice for cost-effective auditing, accounting, business consulting, tax and estate planning. The M+A approach is built around creating lasting relationships with our clients and made stronger through the commitment, continuity and expertise of our staff members.
In that same tradition, M+A now offers a wide range of services designed for the medical industry and customized specifically for the needs of the medical practitioner. From solo physician practices to large multi-specialty groups with many healthcare providers, we have the resources to help your practice thrive.
SPECIALIZING IN:

• Procedure Code Analysis
• Evaluation & Management Coding Review and Peer Comparison
• Chart Auditing and E/M Documentation Requirements
• Physician & Employee Training
• Fee Schedule Optimization
• Practice Benchmarking
• Assistence with Selection and Implementation of Electronic Health Records
• Risk & Opportunity Consulting

GETTING DOWN TO THE BUSINESS OF MEDICINE.

 

These days, in order to run a successful practice, it's not enough to practice good medicine. It sometimes seems as if today's physician needs an accounting degree, an MBA and a keen eye for statistics as well. But with McDaniel & Associates as your partner, you have a perfect cure-all. Our proactive enhancement solutions, along with our professional health care consultants, can help your organization realize the services you provide. At M+A, we provide not only the highest quality traditional accounting services, including tax planning, tax preparation, auditing services, bookkeeping and payroll management, retirement and estate planning, our firm also offers an entire team of trained professionals with backgrounds in varied disciplines, all dedicated to our Physician Services Division (PSD).

 

Our PSD includes Certified Public Accountants with experience and education specific to the healthcare industry; a Registered Nurse with years of clinical experience who can blend the real world knowledge of medical practice operations with today's best practice ideas, and a Certified Professional Coder who has the very latest information on the constant changes in medical reimbursement. Our team works with you and your management staff to systematically refine and improve the outcome of your practice.

Using a comprehensive evaluation process, our consulting team analyzes all aspects of your revenue cycle and your expenses. We also offer benchmark information on salaries and wages for physicians and staff. McDaniel team members then work with your inhouse personnel to create a customized benchmarking model, covering everything from process improvements to best practice ideas from successful physicians across the nation and around the world. More than anyone, we understand the issues health care professionals face, so call today and let one of our team members show you how we can help. These days every business owner must constantly look to the welfare of their company. So, to make them strong and keep them healthy, we believe every practice deserves a house call.