CPA Services Tailored to the Healthcare Industry

Watkins & Associates is committed to helping you achieve financial success within your practice while delivering the highest quality of care to your patients. Our skilled professionals have years of experience in providing tax, accounting, and consulting services to healthcare practitioners.

Beyond core accounting work, our firm offers extended value because we truly understand the challenges that practice owners face within the industry. We’ve worked with hundreds of healthcare practitioners—including physicians, dentists, and chiropractors. As such, we provide you with industry-specific business expertise with advanced solutions supported by the latest technology.

We work with you throughout the year to evaluate your practice in five key areas, including:

  • Healthcare Bookkeeping & Accounting
  • Taxes
  • Practice Performance Management
  • Practice Management Processes & Issues
  • Payroll & Employee Issues

We develop a customized performance score card to measure key financial metrics and help you pinpoint areas for improvement. With this data in hand, you can make sound business decisions that foster the growth and prosperity of your practice.

We also offer the following additional services:

  • Accounting System Design & Maintenance
  • Doctor Compensation Structure & Calculations
  • Overhead/Cost Analysis
  • Staffing Efficiency Analysis (to ensure optimal head count and staffing costs)
  • Fee Schedule Analysis
  • Billing Office Review

We have counseled clients through all phases of their practice life…from start-up to sale and retirement planning. Annually, we attend industry conferences to stay up-to-date on the latest trends affecting our clients.

"The collaborative approach Watkins took was very helpful. He acted like our partner, explaining the data and making it understandable. For the first time our physicians had a solid knowledge of the business financials, and as a result began to be more proactive in the accounting process." Read the complete success story
- Valerie Trumbull, Practice Administrator; American Surgical Associates, LLC

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Phone: 301.934.4225 • Fax: 301.934.3721