Healthcare organizations typically possess many types of valuable intangible assets, such as personal and professional goodwill, practice protocols and treatment plans, and non-compete covenants. This article talks about several of these intangible assets and notes that their value shouldn’t be overlooked for valuation or tax planning purposes. The article explains which valuation approaches might be most appropriate in assessing these assets’ value and notes the importance of seeking experienced valuation advice.

 
Few medical practices operate at their fullest potential, so their financial health suffers. Most practices fail to do so simply because physicians and staff are overwhelmed by day-to- day tasks. But a more calculating approach to this challenge can make a difference. This article describes how your practice can reach peak performance.

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Accounting is not a skill you cultivate throughout medical school. And nothing is wrong with that — except when it comes to understanding your medical practice’s accounting and finance needs. Click through to learn more about having the right level of accounting support in your office.



About Dannible & McKee, LLP

Dannible & McKee, LLP has been providing audit, tax, accounting and financial management consulting services to clients nationwide since 1978. We focus on major industry lines and specialize in multi-state taxation review, business valuation, litigation support and fraud prevention and detection. Our headquarters is in Syracuse, New York, with additional offices in Binghamton and Albany. The firm is a member of Geneva Group International (GGI), an international network of independent professional firms committed to providing clients with access to expanded resources and professional expertise in the international marketplace.

To learn more about Dannible & McKee, LLP, visit: www.dmcpas.com