2010 Healthcare Reform Act - Two bills signed into law by President Obama at the end of March will change health care in the United States and have an impact on every medical practice, employer and citizen of our country. While many of the changes mandated by the Patient Protection and Affordable Care Act and the Health Care and Education Affordability Act of 2010 will not be implemented for a number of years, others will take effect immediately.
The two new laws together exceed 3,000 pages. The included information highlights some of the more important areas impacting employers, individuals and medical practices.
As a healthcare industry professional, you are faced with extensive state and federal regulation, regulatory and compliance issues, quality care issues, rising costs for health insurance and drugs, capital finance, personnel issues, and billing issues.
With the challenge of new tax legislations, a volatile economy, and a competitive marketplace for both healthcare dollars and qualified workers, now more than ever, it is important to make plans that will keep your medical practice financially fit. Our advisors are focused on helping you manage your practice, so that you can focus on practicing medicine.
For over 40 years, Mueller & Co., LLP has provided sound business solutions to our clients and we offer a full range of customized financial services alongside our traditional audit, accounting, and tax services that will address the unique needs of your organization.
Our customized services include:
- Income Allocation Services
- Practice Valuations
- Compensation Planning
- Business/Practice Management Services
- Cash Control Procedures
- Fraud Detection and Deterrence
- Succession Planning
- Retirement Planning
- Estate Planning
- 401(k) and Profit Sharing Plans
- Financial Planning and Investment Services
We provide services to healthcare organizations including:
- Physician groups
- Specialty providers
- Ambulatory health care
- Not-for-profit and for-profit clinics
- Medical and diagnostic laboratories
- Nursing and residential care facilities
