Medical practice accounting
Medical Practice Accounting & CPA Services for Doctors
Soriaga & Associates, LLC is a healthcare-focused CPA firm in Lisle, IL that provides accounting for physician and medical practices: bookkeeping, payroll, tax preparation for the practice and its owners, and fractional CFO oversight. Fees are quoted on your free 20-minute call.
- CPA firm since 1985
- 25+ years in healthcare
- 5.0 on Google · 15 reviews
Medical CPA
What does a medical CPA do for a medical practice?
A medical CPA keeps a practice's books accurate, runs payroll for clinical and administrative staff, prepares the practice's and the owners' tax returns, and reviews the numbers so owners can make decisions. The difference is that the CPA understands how medical practices get paid.
Soriaga & Associates, LLC has served healthcare providers for more than 25 years and has been a CPA firm since 1985. Our CPAs work directly with practice owners, and every engagement starts with a free 20-minute call.
What we handle
What accounting does a medical practice need?
- Monthly bookkeeping, reconciled to your bank and payer deposits
- Payroll for clinical and administrative staff
- Business and owner tax preparation and planning, including physician returns
- Financial statements for lenders and investors
- Fractional CFO oversight and monthly financial analysis
- Accounting consulting for startups, formation, and compliance
Each service has its own page: bookkeeping, payroll, tax preparation, and fractional CFO.
Which medical and healthcare practices do you serve?
We work with physician and specialty practices, and our healthcare focus includes these industries, each with its own page:
- Dental practices: bookkeeping, tax planning, and practice KPIs
- Wound care centers: books that match how wound care gets paid
- Home health agencies: PDGM-aware books and cost reports
- Hospice organizations: aggregate cap tracking and cost reports
- Home care agencies: caregiver payroll and IDOA cost reports
How is a medical CPA different from a general accountant?
Medical practices are paid by Medicare, commercial insurers, and patients, and the timing and category of each payment affect how revenue is recorded and when cash arrives. A CPA who works in healthcare understands that revenue cycle and builds your books around it.
The practice and its owners are also linked on the tax side: business returns and personal returns affect each other. Our CPAs prepare both, so planning happens across the two.
How do I choose a CPA for my practice?
Look for a CPA who works with healthcare providers, who will talk to you directly, and who quotes fees in writing. Our guide, finding the right CPA for doctors, walks through what to ask, and mastering accounting for medical practices covers the basics of practice financials.
We serve practices in Lisle, Naperville, and across Chicagoland, and work with healthcare clients remotely in Arizona, California, Colorado, Florida, Illinois, Indiana, Nevada, and Virginia.
What happens next
- 01
Free 20-minute call
Tell Christian about your agency and what is on your plate. No pitch deck, no pressure.
- 02
Written fee quote
You get a clear written quote for the work before we start. No surprises.
- 03
We handle it
Your CPA team takes it from there and keeps you posted until it is filed.
Client reviews
What our clients say
5.0 from 15 Google reviews
“Soriaga & Associates LLC has expertly handled our Medicare Cost Report preparation and filing for several years. They are reliable professionals ensuring compliance and efficiency in filling out cost reports. They respond quickly to emails and provide proactive support.”
“I've been working with this Accounting firm for many years across multiple companies, and they've consistently delivered exceptional service... a team you can truly depend on.”
“Very professional, completed all our company tasks in a timely manner, we will certainly recommend.”
FAQ
Medical practice accounting questions, answered
Still have questions? Ask them on a free 20-minute call.
What is a medical CPA?
A medical CPA is a certified public accountant who works with medical and healthcare practices. They handle bookkeeping, payroll, and taxes with an understanding of how practices are paid by Medicare, insurers, and patients.
What does medical practice accounting include?
Monthly bookkeeping, payroll for clinical and administrative staff, business and owner tax preparation, financial statements, and fractional CFO oversight. We quote the scope you need on your free 20-minute call.
Do you work as a CPA for doctors and physician practices?
Yes. We prepare business returns for practices and individual returns for their owners, and we keep the practice's books and payroll. Tell us about your practice on the free call and we confirm the right scope.
Do you work with dental and wound care practices?
Yes. We have dedicated pages for dental practices and wound care centers, and we also serve home health, hospice, and home care agencies.
How much does medical practice accounting cost?
Fees depend on your transaction volume, staff headcount, and which returns are due. We quote on your free 20-minute call and send the quote in writing before we start.
Can you prepare both the practice return and my personal return?
Yes. We prepare business and individual returns, and doing both lets us plan across them instead of treating them separately.
Do you offer a fractional CFO for medical practices?
Yes. A fractional CFO gives you CPA-level monthly oversight and financial analysis without hiring a full-time CFO. It is a monthly retainer, quoted on your call.
Do you serve medical practices outside Illinois?
Yes. We work with clients remotely in Arizona, California, Colorado, Florida, Illinois, Indiana, Nevada, and Virginia. Book a call to confirm we can serve your state.
Can you take over from my current accountant?
Yes. Tell us what you use today and where your books stand on the free call, and we will map out how to move over with no gap in payroll or reporting.
Do you offer services in Spanish?
Yes. Our team serves clients in English and Spanish.
How do I get started?
Book a free 20-minute call with Christian Soriaga, CPA. You tell us about your practice, and we send a written fee quote after the call. There is no obligation.
Related pages: Small business accounting · Dental accounting · Wound care accounting · Home health accounting · Hospice accounting
Free 20-minute call
Get a CPA who knows medical practices.
Talk directly with Christian Soriaga, CPA. No pitch deck, no obligation.
On the call we’ll cover
- Your situation and what is due next
- Deadlines and filing status
- A clear written fee quote
- Clear next steps, no obligation
Christian Soriaga, CPA
Soriaga & Associates, LLC