Richard P. Reid, CPA

Practice Management Consulting

Are you feeling unqualified to make business and management decisions that will have long-term financial consequences on your dental or medical practice? Many medical practice providers tell us they just want to care for their patients. Instead, it's the daily challenges of running a practice that takes up the majority of their time - from complying with complex government regulations, to trying to maximize revenue and control expenses, to managing staff and planning the future.

healthcare consultingThe medical industry experts at Richard P. Reid, CPA can help you identify the most effective and efficient business solutions for your medical practice.

We provide financial guidance and support to physicians, medical groups, dentists and other medical practice providers throughout Salt Lake City, Provo and surrounding communities. We offer practice management and practice transition services for medical groups, dental practices and other medical practice providers.

Our Practice Management Services Include:

  • Choosing the right type of entity – (Sole proprietor, LLC, S Corp, C Corp)
  • Tax planning and structuring
  • Strategic planning
  • Practice start-up consultation
  • Overhead analysis
  • Capital acquisitions
  • Lease vs. buy analysis
  • Business continuation planning/succession planning
  • Financing consulting
  • Business plans
  • Equipment acquisition planning

Practice Transition Services:

  • Real estate sale or purchase
  • Financing
  • Adequacy of life insurance
  • Succession planning

Take Control of Your Medical Practice, Contact Us Today!

Call Richard Reid at 800-279-3377 to learn more about our practice management services. We are an experienced medical practice CPA that works with medical practices, dental groups and physician specialties of all kinds throughout Salt Lake City, Provo and surrounding communities.