Many accounting firms service a number of different small to large businesses which represent a diverse group of industries. Often times, accounting firms provide a financial statement once a year along with the tax return. Unfortunately, an annual financial statement does not allow you to manage your business effectively and in a timely manner.

HealthCore MSO can provide monthly financial statements at same/similar rates as annual statements for most firms. The financial statements will be provided in a format that explains income and expenses consistent with physician industry standards. These reports along with your HealthCore MSO consultant will provide insight as to the practice's cash flow, collection percentage, expenses as a percentage of revenue, balance against the practice management reports and bank statement reconciliation, include any retirement plan liabilities, etc. painting a clear financial picture for informed decision-making.