Wound care accounting
Wound Care Center Accounting Services in Illinois
Bookkeeping, tax, and financial reporting for outpatient wound care centers that bill Medicare and commercial payers.
- CPA firm since 1985
- 25+ years in healthcare
- 5.0 on Google · 15 reviews
Why it matters
CPA Services Built for Outpatient Wound Care
Wound care centers operate at the intersection of outpatient clinical services and complex Medicare billing — a combination that demands accounting expertise most general CPA firms simply don't have.
At Soriaga & Associates, we understand the documentation and billing requirements specific to wound care, the financial implications of hospital-based versus freestanding wound care models, and the Medicare reimbursement structures that govern your revenue cycle.
What we handle for wound care centers
- Monthly bookkeeping aligned with wound care revenue cycles
- Medicare and insurance payment posting and reconciliation
- Payroll for clinical and administrative staff
- Business and physician tax preparation and planning
- Financial statements for lenders and investors
- Fractional CFO services for growing wound care practices
- Cost report assistance where applicable
Why wound care needs a specialist CPA
The wound care revenue cycle involves documentation and billing requirements specific to wound care and Medicare-specific billing that has direct implications for your financial reporting. A CPA unfamiliar with these categories may misclassify revenue or miss legitimate deductions tied to wound care costs.
We work with wound care centers to align their accounting with how CMS actually reimburses their services — so your books reflect your real financial picture, not a generic approximation of it.
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 16 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
Frequently asked questions
Still have questions? Ask them on a free 20-minute call.
How is wound care accounting different from other medical practice accounting?
Wound care centers have documentation and billing requirements specific to wound care. Revenue recognition, payer mix analysis, and cost allocation all need to account for them. A CPA who works with general medical practices may not be familiar with how wound care reimbursement flows through your books.
Do wound care centers need to file Medicare cost reports?
It depends on whether your wound care center is hospital-based or freestanding. Hospital-based wound care departments are typically included in the hospital's cost report. Freestanding outpatient wound care centers generally do not file standalone Medicare cost reports but must maintain detailed records for any Medicare audits. We help you understand your specific obligations.
Can you help with both the clinical billing side and the accounting side?
We focus on the accounting, tax, and financial reporting side — not clinical billing. However, we work closely with your billing team or billing service to ensure that revenue is recorded accurately in your books and that your financial statements reflect your true payer-specific performance.
Serving wound care centers throughout the Chicago suburbs including Lisle, Naperville, Westmont, Downers Grove, and Oak Brook.
Call 630-491-1268 for a free wound care accounting consultation.
Free 20-minute call
Make your wound care books match how you get paid.
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