Medical Practices

At Crowe MacKay LLP we are acutely aware of the rapidly changing landscape in the medical field and its impact on your business, personal financial goals, and accounting goals. We understand no two medical practices and no two physicians are alike, and should not be treated as such. The accounting challenges and issues facing a cardiology practice, are vastly different than those facing a pediatric practice/physician.

The experienced accounting experts at Crowe MacKay know medical practices are businesses just like any other. Tax principles and basic accounting principles for medical practices are extremely important for the financial sustainability of your office. There are many moving parts in your practice. From a business perspective, patients receive doctor services as customers; doctors obtain medical equipment and testing equipment as business supplies; and building, maintenance, and staff costs all contribute to the accounting and financial bookkeeping. Collecting payments; maintaining accounting records; and dealing with tax requirements and how medical insurance issues affect business bookkeeping, are all circumstances that medical practices must face.

For 50 years, Crowe MacKay LLP financial professionals have been serving professional services firms across Northern and Western Canada. We have the knowledge and experience to factor in all of the variables to grow your practice.