Accountants for Healthcare

Accounting Services for Healthcare & Medical Professionals

This is our dedicated hub for accounting services for the healthcare and medical sector. At Plus Accounting, we understand the unique financial challenges and obstacles that businesses in this vital sector face.

Our experienced team is dedicated to providing bespoke solutions that will help your practice thrive in these circumstances. Having specialist accountants who are experienced in medical practices, including regulatory compliance and insurance claims, is vital to your success.

Healthcare is a specialist area, as recognised by our professional body, The Institute of Chartered Accountants in England & Wales (ICAEW). The wealth of knowledge and expertise we have developed through our experience in this field makes us well placed to help you and your practice.

Our team has a deep understanding of the financial issues affecting the healthcare and life sciences sector. As specialist medical accountants, we focus on building relationships and providing a personal service, ensuring that your financial affairs and objectives are looked after. We keep up-to-date with the latest trends, changes in legislation and technological developments, allowing us to provide effective and contemporary financial solutions.

Specialist Medical Accounting Services

Our specialist medical accounting services are designed to help healthcare professionals achieve their financial objectives. Our team of specialist medical accountants has extensive experience in providing bespoke accounting solutions to medical professionals, including GP practices, hospital doctors and consultants. We understand the specific financial challenges facing medical professionals and offer a range of services to help you overcome these issues.

Our specialist medical accounting services include:

• Financial planning and management
• Tax planning and compliance
• Auditing and assurance
• Business advisory services
• NHS Pension Management Services

We are dedicated to providing our clients with expert advice and guidance in all aspects of medical accounting, allowing them to focus on what matters most – delivering the best possible patient care.

Expertise in Medical Accounting

Our team of specialist medical accountants has a deep understanding of the medical profession and the financial issues it faces. With extensive experience in providing accounting services to healthcare professionals, including GP practices, hospital doctors and consultants, we are well placed to help you.

Our expertise in medical accounting includes:

• Financial management and planning
• Tax planning and compliance
• NHS Pension Scheme management
• Corporation tax returns
• Medical practice management

We are committed to keeping up-to-date with the latest developments in the medical profession, ensuring that our clients receive the most relevant advice and guidance on all aspects of medical accounting.

Key Industries we work with

Primary Care Networks (PCNs):

Our services for PCNs include compliance management, financial risk assessment, and cost-efficient solutions to enhance patient care and operational efficiency.

GP Surgeries and Locums:

We offer tailored accounting services for GP surgeries and locums, focusing on compliance, cost reduction, and strategic financial planning to support your practice.

Dental Practices:

Our accounting solutions for dental practices help streamline financial operations, reduce costs, and ensure compliance with industry regulations, allowing you to focus on patient care.

Chiropractic Clinics:

We provide customised accounting services for chiropractic clinics, helping you manage financial risks, reduce costs, and enhance operational efficiency.

Osteopathic Practices:

Our services for osteopathic practices include compliance management, cost-efficient financial solutions, and strategic financial advice to support your practice’s growth.

Skin and Cosmetic Clinics:

We offer specialised accounting services for skin and cosmetic clinics, focusing on compliance, cost management, and strategic financial planning to help your clinic thrive.

Optometry Practices:

Our accounting solutions for optometry practices help streamline financial operations, reduce costs, and ensure compliance with industry regulations, allowing you to focus on patient care.

Key Services We Provide

VAT Compliance:

Navigating VAT regulations can be complex. Our team ensures that your business remains compliant with VAT laws, helping you manage your tax liabilities efficiently.

Enterprise Investment Scheme (EIS):

We provide expert guidance on EIS, helping your business secure investments while offering tax reliefs to investors, fostering growth and innovation.

Research and Development (R&D) Tax Credits:

Our services include identifying and claiming R&D tax credits, enabling your business to benefit from government incentives for innovation.

Fundraising Support:

We offer comprehensive support for fundraising activities, from preparing financial statements to strategic planning, helping your business attract and secure investment.

Merger Support and Guidance:

Our expert team provides detailed guidance and support throughout the merger process, ensuring a smooth transition and optimising financial outcomes for your business.

Client-Centric Approach:

We prioritise building a close working relationship with you, ensuring clear communication and regular updates. Our approach is highly collaborative, adapting our services to meet your evolving needs.

If you are looking for proficient accounting services specifically catered to the healthcare and life sciences sectors, you’ve come to the right place. We are ready to support your financial endeavours and guide you through the unique challenges of these industries. Contact us today to learn how we can help you achieve your financial objectives and drive your business forward.

Want to learn more?

Get in touch with our in house expert Emma Hardwick to see how we can help.

“Plus Accounting have always been very quick to respond and helpful. They really get to know your organisation and feel more like a partner in our journey than an auditor”.

Lesley Jay
Here (Care Unbound Ltd)