Medical Accounting & Advisory Services

Compliance – Auditing

How efficient is your billing process? Do you or your team spend hours working on billing? CJBS can help review your process and add efficiencies so you’re focusing on generating income, not collecting it.

If you have a need for audit, review or compilation, as a full service firm, CJBS can provide those services to your practice. 

Compliance – Accounting

Running payroll while running a busy practice. Balancing the books while dealing with stagnant healthcare insurance reimbursement rates and the rising cost of specialized medical equipment. These are just a few challenges that can easily overwhelm any doctor’s practice. CJBS takes the burden off you, managing any and all of your medical accounting needs. 

Our team handles everything from running your day-to-day healthcare accounting operations as your “back office” to proactively tracking your PnL, so you can avoid making short-sighted decisions based on your checkbook balance. By getting to know your business inside and out from the start, CJBS is able to provide insights that help you maximize your cash flow, stay on budget, and plan for future growth.  

Compliance – Tax Preparation & Tax Planning 

We prepare all federal, state, and local taxes for individual doctors and their medical practices. As industry experts, CJBS stays current on complex and changing healthcare tax laws to help you remain compliant, reduce your tax burden, and maximize your credits and deductions — allowing you to keep more of your hard-earned money. 

Many of our clients come to us from other medical accounting firms who focus strictly on compliance and communicate with clients only when it’s time to file tax returns. At CJBS, we not only prepare your returns, we proactively collaborate with doctors on tax planning. This includes strategies such as buying costly medical equipment at the right time to take advantage of substantial write-offs (“bonus depreciation”), along with navigating capital gains taxes in your favor if you decide to sell your practice. 

Advisory – 401K Planning

For practice owners, planning for retirement often takes a back seat to running their day-to-day business. The CJBS team has decades of experience in tailoring wealth-building and retirement strategies to help secure financial security for our medical clients and their families. 

Advisory – Succession Planning

What happens if you decide to retire but can’t find an immediate buyer for your medical practice? The CJBS team helps doctors, including families and husband-and-wife teams who work together, map out a succession plan that ensures a smooth transition for everyone involved.

Advisory – Financial Management 

We work with medical businesses from start-ups to thriving practices to provide the big picture on your finances. Acting as a sounding board for busy doctors, we look at everything from your day-to-day operations to your retirement goals to help you refine your business plan and help you manage your money more effectively.

Because our team gets to know your business thoroughly from day one, we’re able to help you make decisions year-round, not just at tax time. We can improve your bottom line and plan for efficient growth, thanks to practical strategies and expert insights.