ACCOUNTING • CONTROLLER • FRACTIONAL CFO
Financial Guidance for Medical Group Leaders.
Practical articles on accounting, reporting, cash flow, provider economics and the financial side of practice growth.
Browse practical guidance on medical-group KPIs, revenue reconciliation and choosing the right level of financial support.
YOUR PRACTICE. IN FOCUS.
Practice performance
COLLECTIONS TREND
Illustrative reporting example. Figures are sample data, not client results or benchmarks.
BUILT AROUND YOUR PRACTICE
Your medical practice deserves more than bookkeeping.
Growing practices need a clear view of collections, cash flow and provider economics. Reconciled transactions are the starting point.
Know what you are keeping.
Connect financial reporting to collections, expenses and operating performance.
Understand every location.
Bring provider and location reporting into one consistent financial picture.
Plan your next move.
Evaluate hiring, equipment and expansion with cash-flow forecasts and financial models.
ONE FINANCE TEAM. ROOM TO GROW.
The right support for each stage of your practice.
Start with reliable accounting. Add controller oversight and CFO guidance as your needs become more complex.
Healthcare Accounting
Accurate books are only the beginning.
Monthly close, bank and credit-card reconciliation, payroll reconciliation, financial statements and chart-of-accounts management.
Discuss accounting supportController Services
Put financial controls around a growing practice.
Close management, financial review, multi-location consolidation, provider reporting, budget versus actual and accounting-process oversight.
Discuss controller supportFractional CFO
Turn financial information into a plan.
Cash-flow forecasting, budgeting, provider and location profitability, hiring models and expansion planning.
Discuss CFO supportCleanup & Catch-Up
Resolve historical reconciliation issues, incorrect balances and uncategorized transactions so your reporting has a dependable foundation.
QuickBooks Services
Setup, chart-of-accounts organization, cleanup and reporting aligned with the way your medical group operates.
REVENUE RECONCILIATION
One financial story, from billing to the bank.
Your billing system and bank account should tell a consistent story.
We work alongside your billing team to reconcile the financial side: what was billed, what was collected, what remains outstanding and how it appears in the accounting records.
Connect the information that matters.
The scope of reconciliation is agreed around your systems and available information. Medical billing services are separate.
Measure what matters to your medical group.
Reporting your physicians, administrators and leadership team can actually use.
Revenue visibility
Net collection rate • Days in A/R • A/R over 90 days • Payer mix
Provider economics
Revenue per provider • Collections per provider • Provider compensation • Staff cost
Cash and profitability
Operating margin • Cash on hand • Revenue by location • Budget versus actual
The reporting package is tailored to your engagement and available source data.
PROVIDER & LOCATION PERFORMANCE
See the economics behind your growth.
What does each provider contribute?
Understand collections, direct costs and allocated overhead before making compensation or hiring decisions.
Illustrative monthly example. Contribution is collections less direct costs and allocated overhead.
One group. Multiple locations. One picture.
Compare location performance using consistent reporting, then review the consolidated group.
Illustrative example only. These figures do not represent QonsultFirm clients.
HOW IT WORKS
A clear process, from the first conversation.
Discover
We discuss your medical group, current accounting, reporting needs and priorities.
Setup
We agree the scope, organize the accounting workflow and establish a reporting foundation.
Manage
We handle the agreed accounting, reconciliation and monthly reporting process.
Advise
We review performance and help leadership understand the financial implications of what comes next.
YOUR MONTHLY FINANCIAL PICTURE
Know where your practice stands.
Reliable financials
Financial statements, reconciliations and an organized monthly close.
Useful reporting
Management reports and agreed KPIs, with attention to what changed and why.
Decision support
Cash-flow insights and financial guidance, according to your service scope.
ABOUT QONSULTFIRM
Modern accounting. A personal working relationship.
QonsultFirm brings accounting, controller support and financial guidance together around the needs of a growing medical group.
Our approach connects the day-to-day accounting with the questions practice leaders need answered: where performance is changing, what is driving cash flow and how to plan the next stage.
Success simplified.
COMMON QUESTIONS
Before we get started.
Can you work alongside our medical billing team?
Yes. Revenue reconciliation focuses on connecting billing information, bank activity and accounting records. The engagement is designed to complement the billing team’s work.
Which level of support do we need?
Accounting establishes reliable financials. Controller support adds oversight and management reporting. CFO support focuses on forecasting, analysis and planning. The right scope depends on your group’s complexity and priorities.
Can you help if our books are behind?
Cleanup and catch-up work can establish the foundation for ongoing reporting. The scope is assessed after reviewing the current records.
How is pricing determined?
Pricing is scoped to the work involved, including providers, locations, entities, accounting complexity and reporting needs. We agree the engagement before work begins.
Know exactly where your practice stands.
Let’s talk about the financial support your medical group needs next.
Choose a convenient time for a complimentary 30-minute consultation.
Success simplified.
Accounting • Controller • Fractional CFO for growing medical groups