Marcum LLP
Industries

Dentists

Healthcare
 

Marcum offers a broad range of core services for dentists.

Professional to professional services is our goal and provides the foundation for every client relationship. Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services for medical professionals including the following:

Accounting

  • General Ledger & Financial Statement Preparation Bookkeeping (Monthly/Quarterly/Annual)
  • Accounting System Setup for New & Established Businesses
  • Payroll Services
  • Divisional Accounting
  • Computerized Payroll Services
  • Business Tax Return Preparation (Sales & Use/Business Property)
  • Compensation Modeling
  • Benchmarking
GET IN TOUCH
Contact one of Marcum's regional representatives.

ASK MARCUM

 

Related Services:      Healthcare   |   Dentists

Business Development

Strategic analysis and marketing services are essential for setting achievable short and long-term goals for a medical or dental practice. The use of ongoing market studies and review of competitive environments are essential to the development of realistic goals. Marcum helps health care professionals focus on sound, attainable growth opportunities.

  • Practice Building
  • Mergers and Acquisitions Joint Ventures
  • Financing Services
  • Contract Evaluation and Negotiations
  • Purchases and Expansion of Practices
  • Financial Feasibility Services
  • Managed Care Strategies and ACO
  • Staff Salary Reviews

Tax Services

Marcum prefers to take a proactive vs. reactive approach to tax services. By staying up to date on new tax laws and legislation, we are able to identify key tax planning opportunities that minimize both your current and future" tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include but are not limited to:

  • Tax Planning & Return Preparation Individuals
  • Corporations
  • Partnerships
  • LLC’s/LLP’s
  • Not-for-Profit
  • Taxing Authority Representation
  • Divorce and Support Issues

Valuations

We have performed hundreds of valuations of medical and dental practices, as well as health related businesses such as imaging facilities, surgery centers, labs, and on-call coverage. The company is made up of experienced financial analysts, accountants, and healthcare industry professionals dedicated to meeting the needs of business owners, lenders, advisors and others that require independent valuation and consulting services.

  • Sale of Practice
  • Buy-Sell Arrangements Mergers and Acquisitions
  • Marital Dissolutions
  • Second Opinions Valuations Financing
  • Practice Sale Support

Consulting

We gauge our worth by the personal and business successes of our clients. Because we have nearly 2,500 doctors as clients we can take advantage of broad experience in a single industry to advise our clients on successful business applications that have actually been implemented by us. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. The following are just a few of the areas in which we provide consulting services:

  • Accounting Software Selection and Implementation
  • Maximizing Production & Operating Efficiencies to Achieve Best Practice Benchmarks
  • Buying/Selling a Business
  • Computer Systems
  • Financial & Retirement Decisions

Estate, Gift & Trust Planning and Compliance

Safeguarding your estate is one of the most important things you can do. Smart estate, gift and trust planning safeguards your estate by minimizing estate and income taxes for your heirs, provides a secure financial future for you, helps ensure future generations benefit in the manner you desire and can protect your assets from liability claims. Our estate, gift & trust planning professionals work closely with you to help you achieve these objectives.

  • Asset Protection Planning
  • Estate and Gift Planning
  • Post-Mortem Estate Planning
  • Charitable and Family Transfers
  • Charitable Gift Planning
  • Trust Planning

Related News

Mercer Report Shortcomings


Trending in Healthcare - September 2019

Mercer Report Shortcomings

It’s no secret that census in the long term care arena has been on a decline.

Patient Driven Payment Model - The Dollars Might Be In the Details


Trending in Healthcare - September 2019

Patient Driven Payment Model - The Dollars Might Be In the Details

Beginning on October 1, 2019, the Medicare reimbursement system for skilled nursing facilities will change from the Resource Utilization Group Fourth Revision to the Patient ....

The Pennsylvania CPA Journal published an article by Advisory Partner David Glusman about the unique challenges of healthcare valuations.


As Seen In

The Pennsylvania CPA Journal published an article by Advisory Partner David Glusman about the unique challenges of healthcare valuations.

Quite a few CPAs have business valuation credentials, but it is important to understand the unique nature of valuation within the health care sector.

SNF Value-Based Purchasing Miscalculation


Healthcare Alert

SNF Value-Based Purchasing Miscalculation

On August 22, 2019, CMS announced that there was a miscalculation in the performance rates affecting the VBP incentive payments that are set to go ....

Skilled Nursing News quoted Healthcare Leader Matthew Bavolack in an article about Medicaid cuts in Connecticut nursing homes.


As Seen In

Skilled Nursing News quoted Healthcare Leader Matthew Bavolack in an article about Medicaid cuts in Connecticut nursing homes.

Lawmakers in the state of Connecticut have targeted nine facilities for major Medicaid cuts due to low occupancy, raising concerns about access issues from operators ....

Accounting Today announced that Marcum has merged the Abrix Group, a business management and accounting firm focused on medical and dental practices, into its Illinois region.


As Seen In

Accounting Today announced that Marcum has merged the Abrix Group, a business management and accounting firm focused on medical and dental practices, into its Illinois region.

Marcum LLP, a Top 100 Firm based in New York, has merged in the Abrix Group, based in the Chicago suburb of Northbrook, Illinois, expanding ....

Long Island Business News reported on the merger of the Abrix Group, a business management and accounting firm focused exclusively on medical and dental practices, into Marcum's Illinois region.


As Seen In

Long Island Business News reported on the merger of the Abrix Group, a business management and accounting firm focused exclusively on medical and dental practices, into Marcum's Illinois region.

Marcum, a Manhattan-based public accounting firm with large operations in Melville, merged in The Abrix Group, a Northbrook, Ill.-based accounting and business management firm serving ....

The Legal Intelligencer published a column by Advisory Partner David Glusman, about issues in corporate integrity agreements in healthcare fraud and abuse.


As Seen In

The Legal Intelligencer published a column by Advisory Partner David Glusman, about issues in corporate integrity agreements in healthcare fraud and abuse.

In the first 24 days of May, the Office of Inspector General of the Department of Health and Human Services announced 35 criminal and civil ....

Illinois Nursing Homes to Receive Long Overdue Funding Increase


Healthcare Alert

Illinois Nursing Homes to Receive Long Overdue Funding Increase

Nursing homes in Illinois have historically experienced some of the lowest Medicaid reimbursement rates in the country.

Skilled Nursing News cited Marcum's 2019 benchmark study of nursing home profitability in an article about the bleak future of Medicare funding to skilled nursing facilities.


As Seen In

Skilled Nursing News cited Marcum's 2019 benchmark study of nursing home profitability in an article about the bleak future of Medicare funding to skilled nursing facilities.

The trust fund that supports Medicare Part A coverage will run out of money to cover full benefits in just seven years, the federal government ....

Skilled Nursing News cited Marcum's recent benchmark study of the healthcare Industry and quoted Healthcare Leader Matthew Bavolack on the anticipated effect of the Patient-Driven Payment Model (PDPM) on long-term care facilities.


As Seen In

Skilled Nursing News cited Marcum's recent benchmark study of the healthcare Industry and quoted Healthcare Leader Matthew Bavolack on the anticipated effect of the Patient-Driven Payment Model (PDPM) on long-term care facilities.

Pressured by already light coffers and razor-thin margins, skilled nursing facilities could see an even wider gulf grow between top and bottom performers under the ....

Skilled Nursing News reported on Marcum's inaugural benchmarking study of the long-term care industry.


As Seen In

Skilled Nursing News reported on Marcum's inaugural benchmarking study of the long-term care industry.

The average nursing home in the United States lost four cents per patient day in the year 2017, according to a new analysis from a ....

McKnight's Long Term Care News interviewed Healthcare Leader Matthew Bavolack for an article about Marcum's new benchmark study on nursing home industry trends.


As Seen In

McKnight's Long Term Care News interviewed Healthcare Leader Matthew Bavolack for an article about Marcum's new benchmark study on nursing home industry trends.

The decline in nursing home beds has been even worse than previously believed, according to a new analysis.

Marcum LLP Issues Benchmark Study for Nursing Homes


Press Release

Marcum LLP Issues Benchmark Study for Nursing Homes

Marcum LLP today issued a 5-year statistical analysis of nursing home trends to assist long-term care providers in their strategic planning. The report was compiled ....

It’s Tax Filing Time - What’s Happening to My Itemized Deductions?


Trending in Healthcare - January 2019

It’s Tax Filing Time - What’s Happening to My Itemized Deductions?

Many of the sweeping changes to individual and business income taxes contained in the Tax Cuts and Jobs Act of 2017 are effective for 2018. ....

Skilled Nursing Facilities: Avoiding Common Pitfalls with Medical Equipment Rentals


Trending in Healthcare - January 2019

Skilled Nursing Facilities: Avoiding Common Pitfalls with Medical Equipment Rentals

Skilled nursing facilities have experienced tremendous financial strain over the past several years. Shrinking reimbursement, rising labor costs, and a multitude of other factors ....

340B Final Rule Effective on January 1, 2019


Trending in Healthcare - December 2018

340B Final Rule Effective on January 1, 2019

On November 29, 2018, the Department of Health and Human Services Health Resources and Services Administration issued a final rule for the 340B drug discount ....

CMS Hospital Value-Based Purchasing Program Results for Fiscal Year 2019


Trending in Healthcare - December 2018

CMS Hospital Value-Based Purchasing Program Results for Fiscal Year 2019

The Hospital Value-Based Purchasing Program is entering its seventh year and is one of many programs Medicare has established to reimburse providers for quality instead ....

HomeCare magazine quoted National Healthcare Leader Matthew Bavolack in an article about the factors driving providers to transition between not-for-profit and for-profit status.


As Seen In

HomeCare magazine quoted National Healthcare Leader Matthew Bavolack in an article about the factors driving providers to transition between not-for-profit and for-profit status.

As the U.S. health care sector has grown into a $3.5 trillion economic juggernaut, the steady rise of for-profit health care providers has been credited ....

Medicare Hospice Final Rule for Fiscal Year 2019


Trending in Healthcare - September 2018

Medicare Hospice Final Rule for Fiscal Year 2019

On August 6, 2018, the Centers for Medicare and Medicaid Services (CMS) released the fiscal year 2019 final payment rule.

Medicare Home Health Proposed Rule for Fiscal Year 2019


Trending in Healthcare - September 2018

Medicare Home Health Proposed Rule for Fiscal Year 2019

On July 12, 2018, the Centers for Medicare and Medicaid Services (CMS) released the fiscal year 2019 proposed rule in the Federal Register.

Skilled Nursing Home Facility Changing Payment System


Trending in Healthcare - September 2018

Skilled Nursing Home Facility Changing Payment System

Who remembers Medicare cost-based reimbursement? If you raised your hand, I guess like me, we are all dating our years of experience in the healthcare ....

Patient Driven Payment Model (PDPM) Released by CMS


Healthcare Alert

Patient Driven Payment Model (PDPM) Released by CMS

On Tuesday July 31, 2018 CMS released the final rule for PDPM. This represents a sweeping change from the introduction of the Prospective Payment System ....

Medicare Releases Skilled Nursing Facility Proposed Rule for Fiscal Year 2019


Healthcare Alert

Medicare Releases Skilled Nursing Facility Proposed Rule for Fiscal Year 2019

On April 27, 2018, the Centers for Medicare and Medicaid Services issued a proposed rule including fiscal year 2019 payment updates and other changes.

Therapy Caps Exceptions Process Expired


Healthcare Alert

Therapy Caps Exceptions Process Expired

Congress took no action in 2017 to extend the therapy caps exceptions process, which resulted in the expiration of this legislation as of December 31, ....

Contacts

Select the region to view contacts.

Matthew S. Bavolack, Healthcare Services Leader, Advisory
Practice Leader
Healthcare Services Leader
Advisory
New Haven, CT
CT

Sougata  Banerjee, Partner-in-Charge, Assurance - California, Assurance
Partner-in-Charge
Assurance - California
Assurance
Costa Mesa, CA
CA

Kevin  Cole, Partner, Assurance
Partner
Assurance
New Haven, CT
CT

Adam  Firestein, Partner, Assurance
Partner
Assurance
Fort Lauderdale, FL
FL

David  Glusman, Partner, Advisory
Partner
Advisory
Philadelphia, PA
PA

Tammy  Goldstrich, Senior Manager, Assurance
Senior Manager
Assurance
Fort Lauderdale, FL
FL

 
Lisa  Hanlon, Office Managing Partner, Tax & Business
Office Managing Partner
Tax & Business
Deerfield, IL
IL

Christopher  Jackson, Partner, Assurance
Partner
Assurance
Hartford, CT
CT

Steven  Lavenda, Partner, Advisory
Partner
Advisory
Deerfield, IL
IL

Gregory  Marazita, Partner, Assurance
Partner
Assurance
New Haven, CT
CT

John J. Mezzanotte, Office Managing Partner, Tax & Business
Office Managing Partner
Tax & Business
Greenwich, CT
CT

Frank J. Miceli, Partner, Assurance
Partner
Assurance
Hartford, CT
CT

 
Nanette Lee  Miller, Partner, Co-Founder, Modern Family, Assurance
Partner, Co-Founder, Modern Family
Assurance
San Francisco, CA
CA

Justin  Nepo, Partner, Assurance
Partner
Assurance
Philadelphia, PA
PA

Patrick  O'Brien, Partner, Assurance
Partner
Assurance
Nashville, TN
TN

Gary  Rose, Partner-in-Charge, Tax Services -  Illinois, Tax & Business
Partner-in-Charge
Tax Services - Illinois
Tax & Business
Deerfield, IL
IL

Kimberley  Waite, Partner, Assurance
Partner
Assurance
Deerfield, IL
IL

 
 
 
HAVE A QUESTION? ASK MARCUM
 
 
STAY IN TOUCH.

SIGN UP TODAY FOR MARCUM'S NEWSLETTERS.

ABOUT MARCUM LLP

Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland.

Learn More

CONNECT WITH US
OFFICES

Headquarters
750 3rd Avenue, 11th Floor
New York, NY 10017

Find an Office

(855) MARCUM1
info@marcumllp.com

FOUNDATION

Marcum Foundation

AFFILIATIONS

Leading Edge Alliance

Privacy Policy

This website uses cookies to learn how visitors interact with our website so that we can improve our services and your online experience. By using this website, you agree to our privacy policy.