Finkeepers
Skip to main content

finkeepers.us

Medical Practice Accounting Services - Finkeepers

Medical Practice Accounting Services Built For US Physicians

Get A Free Consultation!

Trusted Medical Practice Accounting Services for US Physicians - Revenue Cycle Visibility, Insurance Receivables Management, Provider Compensation, and Overhead Control That Protect Practice Profitability

Behind every practice that stays profitable is an owner who tracks collections, not just charges. Finkeepers delivers medical practice accounting services covering revenue cycle reporting, insurance receivables, provider compensation, and month-end close built around how medicine actually gets paid.

We support solo physicians, group practices, and specialty clinics across the United States, spanning primary care, internal medicine, dermatology, orthopedics, behavioral health, and surgical practice. Your dedicated pod handles the accounting so clinical time stays clinical.

Healthcare bookkeeping services from Finkeepers replace the cost of a practice manager handling books alongside scheduling, credentialing, and staffing. You get people who already read an aging report by payer rather than a generalist learning the revenue cycle on your claims.

Why it matters: medicine is the industry where charges, allowed amounts, and collections are three different numbers. A practice can bill strongly, report strongly, and still be short of cash because denials and aged claims sit unworked between the three.

How it works: charges, contractual adjustments, and collections are tracked separately so the net collection rate is visible every month. Insurance receivables are aged by payer rather than in aggregate, because a single aging figure hides which contract is actually slow.

The bottom line: see what you collect, not just what you bill. Explore our bookkeeping services, review payroll services, or book a free consultation.

Medical Practice Accounting
Charges vs Collections
Charges Collections
500k100k50k0JanFebMarAprMayJun
Net collection rate
$27,360
13.7% vs last month

Who These Medical Practice Accounting Services Are Built For

Medical accounting is distinctive because the practice never collects what it bills. Contractual adjustments, denials, and patient responsibility all sit between the charge and the deposit. Below are the four situations where that gap costs practices the most.

WHAT'S INCLUDED

Everything Your Practice Needs, Every Single Month

From revenue cycle reporting to provider compensation, every deliverable US medical practices need, handled by a dedicated Finkeepers pod. Whether you run a solo clinic or a multi-provider group, the scope adjusts to your practice.

Revenue Cycle Reporting
Revenue Cycle Reporting
Insurance Receivables
Insurance Receivables
Provider Compensation
Provider Compensation
Overhead and Reporting
Overhead and Reporting
Charges, Adjustments, and Collections Tracked Separately
COLLECTIONS

Charges, Adjustments, and Collections Tracked Separately

Gross charges, contractual adjustments, write-offs, and collections reported as distinct figures so net collection rate is visible every month. Days in accounts receivable calculated alongside, giving the full picture of how quickly money actually arrives.

Aging Reviewed By Payer, Not In Aggregate
AGING CONTROL

Aging Reviewed By Payer, Not In Aggregate

Insurance receivables aged by payer and by bucket, with claims past sixty days surfaced monthly while they can still be worked. Patient balances tracked separately, because the collection approach for each is entirely different.

Medical Practice Payroll Services and Provider Models
PHYSICIAN PAY

Medical Practice Payroll Services and Provider Models

Physician, mid-level, and staff payroll handled alongside provider compensation, whether structured on collections percentage, RVU production, salary plus bonus, or a partnership draw. Multi-state registration where the practice employs across state lines.

Overhead Broken Down Where It Matters
COST CONTROL

Overhead Broken Down Where It Matters

Overhead split into staffing, facility, supplies, malpractice, and administration rather than reported as one figure. Books closed by the 10th business day with per-provider and per-location profitability where relevant.

How Finkeepers

Medical Accounting Works

Expertise In

Medical Software That Powers Your Practice

Whether you run on Athenahealth, Kareo, eClinicalWorks, AdvancedMD, or QuickBooks, Finkeepers works fluently across every leading US medical platform. Certified experts, seamless integration, and no disruption to clinical workflow.

What Medical Practice Accounting Services Cost

Most providers keep pricing behind a discovery call. We would rather you knew before you called. Medical pricing tracks provider count and location count rather than collections, because that is what drives the accounting work.

Practice type

Providers

Typical monthly range

Solo physician

1

$550 – $950

Small group

2 – 5

$950 – $1,800

Multi-provider group

6 – 15

$1,800 – $3,200

Multi-location or specialty group

15+

Scoped individually

Practice acquisition support and provider compensation modelling are quoted separately, because the work depends on deal structure and how many years of historicals need normalising. There are no setup fees and no long-term contracts.

Our Medical Books

Cleanup Process

In-House Practice Manager or Finkeepers?

Practice manager handling books

Finkeepers

Annual cost

Absorbed into a role already stretched thin

Fixed monthly fee, no added headcount

Payer-level aging

Rarely produced, because aggregate is quicker

Aged by payer every month

Focus

Books compete with scheduling, staffing, and credentialing

Accounting only, every month

Coverage when absent

Reconciliation stops during leave or illness

A pod, so continuity is built in

Review layer

Usually none – one person checks their own work

Preparer, reviewer, and manager sign-off

Benchmarking

Seldom available by specialty

Overhead and collection rate benchmarked quarterly

A practice manager handling books works while the practice is small and payer mix is simple. Once additional providers, a second location, or a complex payer contract enter the picture, the benchmarking and review layer usually matter more than proximity.

WHY FINKEEPERS

The Medical Accounting Partner US Practices Actually Trust

Built on ISO 27001:2022 certified security, US-trained accountants, and a leadership team of industry veterans, Finkeepers carries the trust markers physicians look for before handing over practice financials.

ISO 27001:2022 Certified

Independently audited information security meeting the highest international standards for handling confidential practice and payroll data. Not a badge we designed ourselves.

Medical Practice Specialists

Accountants who work in net collection rate, payer aging, and provider compensation models as routine practice rather than occasional exceptions.

Led By Industry Veterans

A leadership team with decades of combined experience across accounting, audit, and financial operations for US companies.

99% Client Retention Rate

US practices and SMBs stay with Finkeepers long-term because of consistent, reliable, expert financial partnership.

Free medical practice accounting services consultation with Finkeepers US experts

Get Your Free Medical Practice Accounting Consultation Today

Every practice has a different specialty, payer mix, and provider structure, and so does our approach. Share your details and get a personalized plan built around your practice and stage of growth.

*No obligations. Just fast, expert medical accounting insights tailored for your US practice.

FREQUENTLY ASKED QUESTIONS

Everything US Physicians Ask,About Medical Practice Accounting

What are medical practice accounting services and how do they work?

Medical practice accounting services means partnering with a firm like Finkeepers to handle bookkeeping, revenue cycle reporting, insurance receivables, provider compensation, overhead analysis, and monthly close. The defining difference from standard bookkeeping is that charges, contractual adjustments, and collections are tracked as three separate figures rather than one.

Net collection rate measures what a practice actually collected against what it was contractually entitled to collect after adjustments. It isolates performance the practice controls, since contractual adjustments are set by payer contracts. A gross collection rate looks alarming and means little; the net figure is where billing performance actually shows.

Work claims by payer rather than in aggregate, since a single aging figure hides which contract is slow. Surface claims approaching sixty days while they can still be worked, track denials by reason code to find the pattern, and separate patient balances from insurance because the collection approach for each is entirely different.

The common structures are salary, salary plus productivity bonus, percentage of personal collections, RVU-based production, and partnership draw. Each changes how overhead is allocated and how a new provider affects practice profit. Modelling the arrangement before signing is considerably easier than renegotiating it a year later.

Medical practice accounting services typically cost between $550 and $3,200 per month for US practices, driven by provider count and location count rather than collections volume. Practice acquisition and compensation modelling are quoted separately. Finkeepers offers transparent pricing with no setup fees and no long-term contract.

Usually one of three things: collections lagging charges because aged claims are not being worked, overhead drifting in a category nobody tracks separately, or a provider compensation arrangement that pays out faster than the associated collections arrive. All three are invisible without monthly reporting that separates the figures.

Get a Free Quote