Medical Practice

At Abraham Business Solutions, PC we understand that no two medical practices are alike. Our extensive experience in healthcare accounting allows us to work with everyone from doctors and medical groups to dentists, orthodontists, chiropractors, physical therapists and more. We take the time to learn the ins and outs of your practice so that we can offer innovative solutions for refining your bookkeeping processes and tightening up internal controls. Our Houston, Texas CPA firm can help manage cash flow, deliver meaningful, well-organized financial statements and offer proactive financial guidance so your practice can become more profitable. Let us worry about tax deadlines and filing requirements while you spend time acquiring new patients and caring for their needs.

Our Medical Practice Accounting Services Include:

  • Excellent Accounting & Bookkeeping
  • Billing Services & Insurance Claims Reconciliation
  • Tax Preparation and Planning Strategies
  • Cash Flow Management
  • Budgets & Forecasting
  • Medical Practice Management Consulting
  • Efficient Full Services Payroll

Among others, our Medical Practice has extensive experience dealing with issues in the following healthcare practice areas:

  • Doctors & Physician Groups
  • Oral Health & Dentists
  • Nursing Facilities
  • Home Health Agencies, including their Annual Cost Reports

Doctors and Physician Groups:

The healthcare industry today is all business, which makes it even more important that you have the right financial partner on your side. At Abraham Business Solutions, PC, a CPA serving the needs of doctors and physician groups, we realize that our clients have specific tax and financial needs so we have assembled a dedicated team ready to assist with managing all aspects of your practice.

As a full-service Certified Public Accounting (CPA), we provide a wide range of accounting, tax planning, wealth management and financial consulting services to meet the needs of your healthcare practice. We work with doctor and physician practices of all sizes and specialties from sole practitioners to large medical groups.

We pride ourselves on providing services designed to simplify the business side of your practice so you can address the more important issues; your patients.

Oral Health and Dentists:

As dental industry experts at Abraham Business Solutions, PC we can help you identify the most effective and efficient business solutions for your dental practice. We provide financial guidance and support to dentists and oral health providers throughout Texas.

Our team of CPAs and accountants are trained to focus specifically on the accounting, tax, practice management and wealth management needs of dentists and oral health providers. Our services are designed to simplify the business side of your practice so you can focus on your patients’ health.
We welcome the opportunity to provide the guidance and support you need to ensure a stronger financial future for you, your dental practice, family and employees.

Home Healthcare Agencies:

Home healthcare agencies and/or providers, hospice, assisted living facilities and outpatient services are among the fastest growing and most competitive segments in the healthcare industry. At Abraham Business Solutions, PC, we understand the complexities involved in running this type of healthcare practice, where regulation changes are the norm. Today, more than ever, your organization needs sound financial, accounting and tax advice to help your practice be successful and competitive. Our CPA professionals can offer unparalleled financial expertise whether you are a home healthcare practice, hospice provider, mental health practitioner or an assisted living facility.

Annual Cost Reporting for Medicare and Medicaid Providers:

To help Texas based healthcare providers comply with the complex and ever-changing requirements and avoid suspended payments (or missed payments), Sam Abraham is certified in Texas to provide both Medicare & Medicaid Cost Reporting services.

We understand that margin pressures make it imperative that you secure all the Medicare and Medicaid reimbursements that are due to your business. If you prepare your own cost reports, we can provide a review service that will provide a summary of observations and recommendations to enhance reimbursement in the future.

Medicare Cost Report Preparation:

We are certified to prepare Medicare cost reports for a wide range of healthcare providers in all 50 states:
•    Home Office Cost Statement – Form 287-05
•    Home Health Agencies (HHA) – Form 1728
•    Hospice Medicare – Form 1984

Medicaid Cost Report Preparation:

We are certified to prepare Medicaid cost reports for a wide range of healthcare providers in Texas:
•    Home and Community Based Services (HCBS/TxHmL)
•    Community Based Alternatives (CBA)
•    Direct Service Agency (CLASS-DSA, CLASS CMA)
•    Day Activity & Health Services (DAHS)
•    Primary Home Care (PHC) and Family Care providers

Nursing Care Facilities:

Hospice, Assisted Living Facilities and outpatient services are among the fastest growing and most competitive segments in the healthcare industry. At Abraham Business Solutions, PC, we understand the complexities involved in running this type of healthcare practice, where regulation changes are the norm. Today, more than ever, your organization needs sound financial, accounting and tax advice to help your practice be successful and competitive. Our CPA professionals can offer unparalleled financial expertise whether you run a hospice or an assisted living facility.

Medicare Cost Report Preparation

We are certified to prepare Medicare cost reports for a wide range of healthcare providers in all 50 states:

  • Skilled Nursing Facility (SNF) – Form 2540 -10 & 2540-96
  • Hospice Medicare – Form 1984

Contact us today at 832-426-4829 to discuss our healthcare accounting services. We’ll set up an appointment for a free initial consultation so we can learn more about your medical or dental practice.