Accurate accounting is the basic building block, and an essential element of, running a successful healthcare practice. Delivering timely and accurate financial reports provides the snapshot for discussion of the state of the practice finances. Effective practice management begins with the analysis of the financial data. Our consultants at PMHCC take the time to help analyze the data contained within the statements and explain how this information affects and influences your practice. Meaningful discussion of monthly statements, expense reports, comparative reports for this year as compared to last year, cash flow reports, and other financial data provide extensive information to us. The practice management consultant will identify areas of concern, and discuss tools for cost savings, along with strategies for continued healthcare business success. Use of up-to-date and timely financial information allows us to problem-solve and helps us develop proper systems and controls to improve practice profitability and success.