Health Care
Hello, Medical Practitioners
Our clients range from large multi-office practices to small independent physicians. For new practices just getting started, we can help you navigate the complexities of a new organization. On the other end of the spectrum are the practices in a transitional stage, ready to either buy, sell, or merge. Then, somewhere in the middle, are the established practices who are looking to grow or maintain their performance. No matter where you are on the spectrum, we can assist you with our dedicated industry approach.
Tax
- Business & individual federal, state, and local income tax preparation
- Business & individual tax compliance and proactive planning
- R&D tax credits
- Employee retention credits (ERC)
- Tax due diligence for M&A
Audit & Assurance
- Financial statement audits, reviews, and compilations
- Employee benefit plan (EBP) audits
Consulting
Practice Management
- Internal controls development and assessment
- Accounts receivable and denial management
- Physician revenue optimization
- Revenue cycle consulting
- Revenue recognition analysis and reimbursement issues
- Practice and management reports assessment
- Retirement plan design and compliance
- Compensation plan and employment agreement evaluation
- Payer and patient mix analysis
- Profitability analysis by provider, location, and service
- Process efficiency analysis and planning
Financial and Accounting
- Financial management and projection
- Cost reporting and expense analysis
- Billing and reimbursement analysis
- HIPPA consulting
- Development of a yearly financial budget
- Year-end review on financial performance and optimization
- Operational and industry benchmarking
Outsourced Accounting
- Business process outsourcing (bookkeeping setup and support, outsourced CFO, etc.)
Meet our medical practice growth
specialists dedicated to you.
Pete Ryan, CPA, MBA
Co-founder, Partner
Traci Getz, CPA
Partner
Chloe Parker, CPA, MBA
Director
Angel Corbin, CPA
Supervisor
Industry Partnerships
HCAA
- The National CPA Health Care Advisors Association (HCAA) is a nationwide network of CPA firms devoted to serving the health care industry
- Ryan & Wetmore joined the HCAA to access an extensive network of support and educational programs to stay informed of industry trends to better serve our clients
BDO Alliance
- Independently owned local and regional accounting, consulting and service firms with similar client service goals
- Access to the resources of BDO USA, LLP and other Alliance members, to expand client service
MGMA
- Mid-Atlantic Chapter founding member
- Combines the expertise of more than 50,000 members with industry-leading data to develop timely and practical solutions
- Access to benchmarking data points from the MGMA Data Solutions experts
MSNVA
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- Advocates for physicians and provides a range of member benefits including business resources, career support, and wellness programs.
- Facilitates Project Access of Northern Virginia, delivering affordable healthcare services to low-income, uninsured patients.
- Partners with Ryan & Wetmore for specialized accounting, tax compliance, and consulting services to support healthcare practices in financial management and operational efficiency.
HCBA
- A team of professionals in various industries who all have a special niche serving Health Care providers and organizations.
- The group is comprised of a Medical Business Consultant, Attorney, CPA (us), Banker, Wealth Advisor, Real Estate Broker, Architect, General Contractor, and an IT/Cyber Professional, all representing companies who provide services to small and large health care practices.
Resources to help you
get to where you need to go.
“Ryan & Wetmore have been our financial counsel for over thirty years. Each year Pete Ryan and his team consistently guide Horizon Vascular Specialists through complex taxation, transactional and operational issues that we face in the healthcare industry. Ryan & Wetmore consistently remains knowledgeable on recent legislation affecting our practice. In particular, Mr. Ryan is able to provide meaningful advice to Horizon on most any business issue we are facing.”
— M. Hunt, Practice Administrator