Healthcare Industry Accountants
Bookkeeping for Clinics, Practices, and Providers
Healthcare organizations in Lufkin and across Texas run on accurate billing, payer reconciliation, and payroll. Modern Math Accounting supports medical and dental practices, therapy groups, and allied health providers with systems that reduce AR headaches and keep financials clean.
Why Healthcare Accounting Requires Focus?
Keeping a clinic healthy requires clean posting, payer reconciliation, and reports that match your practice management system. Small errors snowball into AR delays and payroll issues, so simple rules and consistent close routines matter.
Clinical operations create unique accounting needs:
Posting EOBs and reconciling payer deposits
Separating cash pay, insurance, and adjustments
Managing provider payroll, incentives, and 1099s
Tracking supplies and equipment purchases
Handling state and federal tax requirements
Bookkeeping & CPA Services for Healthcare
Get clean, compliant books without slowing clinical work. The services below keep revenue posted correctly, deposits reconciled, payroll accurate, costs visible, reports timely, and taxes planned.
1. Revenue and AR: Post insurer deposits, record EOB adjustments, and track write-offs
2. Payer Reconciliation: Match bank activity to payer remits and patient payments
3. Payroll and Compensation: Set up provider compensation models, stipends, and bonuses
4. Expense Control: Categorize supplies, labs, and equipment for clear margins
5. Financial Reporting: Monthly and quarterly reports that show payer mix and trends
6. Tax Preparation and Planning: Entity strategy, estimated taxes, and equipment deductions
Why Choose a CPA for the Healthcare Industry?
Healthcare revenue is complex, with payers, adjustments, and strict documentation. A CPA keeps your books accurate, your filings on time, and your decisions grounded in clean data. At Modern Math Accounting, Tricia Thomason, CPA, supports medical and dental teams across Texas with systems that work in real clinics.
What you gain with a CPA:
Tie revenue to deposits and remits so AR stays clean and auditable
Structure provider compensation for clarity, payroll accuracy, and tax readiness
Time equipment purchases with cash flow and tax planning in mind
Get steady guidance so your team can focus on patient care, not paperwork
Step-By-Step Support Process
Step 1: Start the Conversation
We review your PM system exports, bank activity, payroll, and payer list.
Step 2: We Prepare Your Taxes
We build a monthly close that posts EOBs, reconciles deposits, and standardizes reports.
Step 3: Feel Confident and Supported
Expect timely statements, tax planning, and predictable answers to day-to-day questions.
Benefits of Professional Healthcare Accounting
Accurate posting of payer activity
Cleaner payroll and provider compensation
Clear visibility into payer mix and margins
CPA-level tax strategy and filings
Fewer surprises at year end
Frequently Asked Questions
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Yes. We map your PM exports to a clean chart of accounts, post EOB activity, and reconcile remits to deposits each month. If exports are messy, we create a repeatable transform so the close is fast and documented. You will see what posted, what was adjusted, and what remains in AR.
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Yes. We track each location separately and provide consolidated rollups for owners and lenders. Your packet includes location P&Ls, shared cost allocations, and a summary that highlights payer mix, margin drivers, and trends across the group.
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We implement written rules for base, production, and bonus plans, then build simple schedules that calculate pay the same way every month. Each cycle includes backup for RVUs or collections, review notes, and a sign off so payroll and 1099s stay clean.
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Yes. We plan the timing of large buys around cash flow, Section 179 and bonus options, and financing terms. Fixed asset schedules are updated monthly, and we provide year end summaries so tax filings and future budgeting are straightforward.
