Practice Management - Accounting services - the cornerstone of managing your practice

The success and continued growth of your medical practice depends on financial control. Our job at MGSI is to help practices of every size - from solo to large groups - monitor their financial growth through a wide range of accounting services.

As professional business consultants, we provide a thorough analysis of your current accounting systems. With the professional resources of MGSI supporting your team, we can offer a full range of audit, cash management, consulting and accounting services.

Planning for the future – Crucial in medical practice management

An MGSI physician practice management consultant can evaluate your financial operation and provide you with a customized financial system including:

Accounts payable and general ledger
Financial statements/monthly accounting reports
Income projections
Month-to-month and year-to-year comparison reports
Computerized payroll systems
Advance funding on A/R's

This is data you would expect to get from any accounting firm, but at MGSI, we go beyond the traditional financial reports and forecasts. Our business consultants take a more comprehensive approach. We do an analysis of the data and make recommendations on how to improve the financial picture of your practice. In addition, we provide an evaluation of your practice compared to similar practices in your service area.

We help you establish fee structures, implement a billing system and develop purchasing controls. MGSI provides the technical expertise and business acumen to help you understand the current status of your practice and plan for its future growth.