Healthcare & Medical Practices

Snyder Cohn: Your Prescription for Stability and Growth

Snyder Cohn understands that each medical practice is a unique organization with specific needs and challenges. For decades our team has offered a range of accounting services to medical practices, healthcare firms, and individual physicians.

Based on our unmatched level of experience in the healthcare field, we are able to offer traditional accounting, tax and finance-related services as well as business consulting and advisory services specifically for medical practices, including:

Financial Statement Analysis

  • Physician compensation formulas
  • Overhead analysis
  • Comparison of your medical practice costs to other national and local norms
  • Preparation of a medical practice budget for planning purposes
  • Preparation of a profit center analysis to allow you to analyze whether you should open or close a satellite office or in-house lab

Practice Purchases/Sales/Mergers

  • Buy in/buy out formulas
  • Physician and staff employment contract development and review
  • Practice mergers
  • Calculations of value
  • Sales/purchases of practices
  • Business analysis/due diligence

Office Reviews

  • Internal control analysis
  • Standardized billing reports for physicians
  • Payer mix calculation
  • Executive/Administrator Recruitment

“My experience with the firm of Snyder Cohn has been uniformly positive. The team helped transform my low volume, sedate practice into a major player in the Southern Maryland area. This culminated with the successful sale of the practice to Georgetown-MedStar, thus providing institutional continuity and quality care for the years to come.” Read more.

-Guy Gargour, M.D., Potomac Neurosurgery