Accounting, Tax, and Payroll Services for Medical Practices
Running a medical practice means staying on top of insurance reimbursements, cash flow, payroll, and taxes. Koffex handles your accounting, tax, and payroll end-to-end, giving you a clear view of the practice and fewer details to manage.
Industry Challenges
Keep the Business Side of Your Practice on Track
Medical practices have a lot of moving parts behind the numbers. We help keep them organized so you can see where the practice stands.
Insurance and Reimbursements
Multiple payers, claim denials, and delayed reimbursements can make revenue harder to track. We keep records current so you always know where revenue stands.
Cash Flow Management
The gap between patient care and payment can make cash flow harder to predict. We keep records organized so you can see where cash stands throughout the month.
Payroll Accuracy
Different pay structures and staff changes leave little room for payroll errors. We make sure payroll is accurate across your clinical and administrative teams.
Compliance and Regulations
Changing healthcare tax and filing requirements can be difficult to keep up with. We stay current on what applies and keep your records and filings organized.
Multi-Location Reporting
Multiple locations can make performance harder to compare. We keep each location organized separately while giving you a clear view of the whole practice.
Overhead and Profitability
Rising staffing, supply, and operating costs can make margins harder to read. Clear, regular reporting shows where the practice stands and where attention is needed.
Insurance and Reimbursements
Multiple payers, claim denials, and delayed reimbursements can make revenue harder to track. We keep records current so you always know where revenue stands.
Cash Flow Management
The gap between patient care and payment can make cash flow harder to predict. We keep records organized so you can see where cash stands throughout the month.
Payroll Accuracy
Different pay structures and staff changes leave little room for payroll errors. We make sure payroll is accurate across your clinical and administrative teams.
Compliance and Regulations
Changing healthcare tax and filing requirements can be difficult to keep up with. We stay current on what applies and keep your records and filings organized.
Multi-Location Reporting
Multiple locations can make performance harder to compare. We keep each location organized separately while giving you a clear view of the whole practice.
Overhead and Profitability
Rising staffing, supply, and operating costs can make margins harder to read. Clear, regular reporting shows where the practice stands and where attention is needed.
Our Services
One Team for Your Medical Practice
Get the accounting, tax, payroll, and ongoing support your practice needs from one team.
Accounting
Accounting done right, every month.
Tax Services
Tax preparation and filing for businesses and individuals.
Payroll
Payroll handled on time, every time.
Fractional CFO
Senior-level strategic guidance, on-demand.
IRS Tax Resolution
Expert representation for IRS issues, notices, and back taxes.
Accounting
Accounting done right, every month.
Tax Services
Tax preparation and filing for businesses and individuals.
Payroll
Payroll handled on time, every time.
Fractional CFO
Senior-level strategic guidance, on-demand.
IRS Tax Resolution
Expert representation for IRS issues, notices, and back taxes.
Testimonials
Hear From Our Clients
We've built long-term relationships with the businesses we serve. Here's what some of them have to say.
Why Koffex?
A Team That Understands Medical Practices
We understand the accounting, tax, and payroll needs that come with running a medical practice.
- Records Kept Accurate
- Filings Kept on Track
- Answers When Needed
- Clear Reporting
- Records Kept Accurate
- Filings Kept on Track
- Answers When Needed
- Clear Reporting
Financial Insights
Keep Up With What’s Changing in Your Industry
Tax tips, payroll guidance, and practical advice, written in plain English.
We break down the topics that affect your bottom line.
The Small Business Owner’s Guide to Year-End Tax Prep
Year-end tax prep should start well before tax season. For…
The Real Cost of Doing Your Own Accounting
Doing your own accounting can look like an easy way…
Contractor vs. Employee: How to Classify Your Staff
The difference between an employee and an independent contractor largely…
FAQs
What Medical Practice Owners Want to Know Before Getting Started
If you do not see what you are looking for, book a free consultation and we will walk you through it.
Koffex helps medical practices keep records current, reconcile activity, organize expenses, track insurance-related transactions, and receive regular reports that show where the practice stands.
Yes. While Koffex does not process or submit insurance claims, we keep reimbursement activity recorded and reconciled so you have an accurate view of revenue, deposits, and cash coming into the practice.
Yes. We keep your records current and organized so you can see what has been received, where cash stands, and how delays may be affecting the practice.
Yes. Koffex can manage payroll across clinical and administrative employees, including regular pay processing, deductions, withholdings, direct deposit, payroll tax filings, W-2s, and year-end requirements.
We keep records organized, handle the tax and payroll filings included in your service plan, and help you stay current on requirements that affect your practice.
Yes. We can keep records organized by location while also giving you a consolidated view of the overall practice. This makes it easier to understand how individual locations are performing and how the practice is doing as a whole.
Yes. We can support therapists, counselors, behavioral health providers, and group practices with accounting, tax, and payroll needs. We help keep session-based income, insurance reimbursements, practice expenses, and payroll organized throughout the year.
Yes. Regular reporting can help you see how staffing, supplies, rent, equipment, and other costs are affecting the practice. If you need deeper planning and guidance, Koffex can also provide Fractional CFO support.
Yes. Accounting, tax, and payroll can all be handled by Koffex. Keeping these services with one team helps keep records consistent and gives us a clearer picture of what is happening across your practice.
Yes. Koffex can review the notice, explain what needs attention, and help determine the next steps. With the appropriate authorization, we can also communicate with the IRS on your behalf.
Book a consultation with our team. We will learn about your medical practice, review what you currently have in place, identify where you need help, and walk you through the next steps.
Get Started
Let’s Talk About Your Business Needs
Tell us what you need, and we'll walk you through exactly how Koffex can help.