Medical Professional Accountant

Today providing quality healthcare requires far more of providers than excellent medical acumen. All participants across the healthcare ecosystem are demanding continuous improvements in efficiency, quality, transparency and access. Healthcare is in an age of profound digital transformation that is forcing providers to rethink existing financial and operational models. Are you ready for what’s next?

Providing professional medical services and running a business can be a challenging balancing act for even the most experienced medical practitioner. A strong focus on client needs leaves little time for optimizing your business to ensure you reach your goals both today and into the future. While every professional business has its own challenges, many key considerations span across all industries. From marketing your practice to staying on top of regulatory requirements to developing a succession plan, it is clear that a successful professional business is focused around client care.

At Method we believe in developing lasting relationships with our clients. We aim to help you achieve your personal and professional goals by offering a customized range of services at every stage of your business life cycle. By understanding your medical practice needs, we can help you determine what success looks like for you in in the next five years or twenty years from now when you are looking to retire.

Medical Professionals We Service

• Physicians

• Dentists

• Optometrists

• Veterinarians

Medical Accounting Services

At Method our goal is to help healthcare practitioners improve operations, manage risk and achieve profitable growth. We provide a comprehensive suite of tax, audit, accounting and advisory services to help our clients navigate transformational change, these include:

• Deciding on when to incorporate and when to introduce a holding company

• Define goals and manage risks through regular planning

• Tax and estate planning

• Emerging government business legislation

• Manage cash flows, conserve working capital and determine when to pay off debts

• Minimize tax liabilities, leverage tax credits and stimulus to maximize profitability

• Identifying new tax incentives or technology that could help your business attract new patients

• Establishing benchmarks and service analytics

• Growing Your Practice

• Maximizing the value of your practice

• Succession planning and maximizing the value of transitions and practice exits

Medical Physicians​

As a medical professional, you thoroughly examine your patients to provide a course of treatment to enhance their health – but you may not be providing the same level of care to your own medical practice. In reality, managing your medical practice is just as important as managing your patient needs.

If you are just finishing your medical residency, starting a new practice or planning for retirement, we can help you identify and answer your questions to understand the options available and make the best choices that fit with your long term goals. At Method we identify opportunities for tax savings and pay attention to regulatory changes and other factors that may impact the financial health of your practice.

Dentists​

There’s much more to operating a thriving practice than simply booking appointments and treating patients. It’s about having a vision for the future and taking the right incremental steps each day to reach your long term goals. Whether you are just graduating from Dental school, starting a new practice or planning for your retirement, we can help you make the best choices that fit with your unique situation and goals.

Optometrists​

The optometry industry is more than just meeting patient needs, researching new technology and marketing your business. It requires a clear vision for the future. We work closely with your organization to develop a customized approach of where you want your business to go both today and in the future. We help you identify and answer any key questions to ensure you understand your options and make the best choices that fit with your unique situation and goals. Whether you are just graduating university, starting a new practice or planning for your retirement and looking to sell your business.

Veterinarians

Successful veterinarian clinic owners know how important it is to run your practice as efficiently and cost-effectively as possible. Yet between animal care, meeting with clients and researching new products, tools and techniques, it can be difficult to find time to establish business goals, identify organizational efficiencies and strengthen the financial health of your practice.