Healthcare and Medical Practices

The Challenge

To run a successful business and gain a competitive advantage, healthcare providers and medical practices need guidance and support from a knowledgeable, trusted, proactive CPA. Our flat organizational structure insures that you have direct contact with experienced, advice-driven CPAs who understand the challenges of running a professional organization and will take a personal interest in your business.


What makes Nohre & Co., S.C. stand above the competition?

BETTER ADVICE.


Our Approach

We assist our healthcare and medical practice clients in the following areas:

  • Timely Accurate Internal Financial Statements in an industry ‘Profit Model’ Format

    • Effective financial management and tax planning requires that the business produce timely, accurate, meaningful financial statements.
    • We assist our clients in formatting their financial statements and overcoming any accounting, system, workflow or other obstacle to timely, accurate, meaningful statements.
    • We are available to train your internal accounting staff and monitor their accounting performance.
  • Proactive Tax Planning and Timely Tax Return Preparation.

    • We provide proactive tax planning advice, and work with you to manage your tax liability. The most effective tax management process is the result of a timely and regular review of the tax planning opportunities, weighing the pros and cons of the various strategies, selecting and implementing the strategies, and monitoring the results. This approach minimizes your income taxes and avoids surprises.
    • We prepare tax returns on a timely basis. In coordination with you and your accounting staff, our goal is to turn around tax returns in approximately two weeks from the receipt of the tax preparation information.
  • Proper Balance Sheet Management

    • Growing businesses need to proactively manage their balance sheet, including cash, receivables, capital expenditures, payables and debt. This is often one of the most misunderstood and ignored aspects of financial management. We work with our clients to understand the importance of their balance sheet, and assist them in managing their assets and liabilities, and the resulting cash flow, effectively.
  • Managing Key Performance Indicators

    • Financial results reported on the income statement and balance sheet are driven by other key performance indicators, which measure individual and department productivity. Managing these critical indicators is a key to overall financial performance. Managing compensation and bonuses, both for owners and staff, to these key indicators and the financial performance that results, is an effective method of managing the overall financial performance of the organization.
  • Perpetuation Planning

    • Every business has to decide whether to eventually sell to an outside party, or perpetuate from within. We assist in all aspects of planning and implementing a succession strategy, whether internal or external.
  • Effective Organizational Structure and Personnel Management

    • Professional organizations are driven by people, and their effective hiring, training and development is key to a successful business. Additionally, all organizations, as they grow, move through predictable phases, each with unique challenges. We assist our clients in many aspects of personnel and organization development.
  • Effective Business Strategy and Execution

    • High-performance businesses are those that develop, implement and maintain a successful strategic position in the marketplace. Almost no business can be all things to all people. We assist our clients in the development of their strategic plan and operational execution.

Since 1992 the team at Nohre & Co., S.C., CPAs has taken a proactive approach to assisting businesses and their owners. Our commitment begins with understanding your business, assessing your needs, and helping you achieve your business goals.