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Services
A profitable medical practice requires more than clinical excellence—it demands precise, compliant, and strategic financial management. Without the right accounting systems, reporting, and tax strategies in place, you risk cash flow issues, missed revenue opportunities, and compliance problems.
At TruMediq Consulting, our Accounting & Financial Services give your practice the financial clarity, systems, and strategies it needs to operate smoothly, grow sustainably, and remain compliant with all tax and regulatory requirements.
We don’t just balance your books—we build a financial infrastructure designed specifically for the healthcare industry, helping you make smarter business decisions, improve profitability, and prepare for long-term success.
Overview
Too often, practices fail to prioritize legal, compliance, and credentialing work—leading to:
With TruMediq Consulting, you get an expert, proactive partner who ensures these foundational steps are done correctly, on time, and with your long-term business health in mind.
We start by analyzing your practice—or your vision for one—to create a clear, actionable plan for success.
The right people, systems, and workflows are essential for a thriving practice.
Revenue management and compliance are the backbone of your financial stability.
We help you attract, convert, and retain patients so your practice continues to grow.
We design and implement accounting systems that align with healthcare-specific financial workflows, ensuring accuracy, compliance, and efficiency from day one.
We keep your books accurate and up-to-date so you always know where your money is going—and where it’s coming from.
Your financial reports aren’t just numbers—they’re decision-making tools. We ensure they’re accurate, timely, and compliant.
Your revenue doesn’t stop at insurance reimbursement—patient collections matter too. We help you streamline payment acceptance and offer financing options that improve collections while making care more accessible.
Your tax strategy can make the difference between keeping or losing tens of thousands of dollars each year. Our healthcare-focused tax advisory ensures you’re taking full advantage of deductions, credits, and entity structuring opportunities.
We design and implement accounting systems that align with healthcare-specific financial workflows, ensuring accuracy, compliance, and efficiency from day one.
We keep your books accurate and up-to-date so you always know where your money is going—and where it’s coming from.
Your financial reports aren’t just numbers—they’re decision-making tools. We ensure they’re accurate, timely, and compliant.
Before you can see your first patient—or bill for your first claim—you must have all essential licenses, identifiers, and compliance measures in place. We handle:
Implementation of secure communication protocols for patient data.
Credentialing is the process that allows you to get reimbursed by insurers—and it’s notoriously slow and complex if handled incorrectly. We:
Re-Credentialing Management: Ongoing tracking of re-credentialing deadlines so you never lose active status.
Malpractice insurance protects your career, your assets, and your reputation. We help you:
Accurate coding is the backbone of your revenue cycle and a major compliance requirement. Our team ensures your documentation supports your coding—and your coding supports timely reimbursement. We provide:
Ongoing Coding Support: Updates and refresher training as payer rules and coding guidelines change.
We understand insurance reimbursements, payer delays, and healthcare-specific deductions.
Your financial data connects seamlessly with your billing, EMR, and patient payment systems.
We don’t just report the numbers—we analyze them to help you make profitable decisions.Preventing problems before they impact your revenue or reputation.
Our accounting services grow with your practice, from startup to multi-location operations.
Our Approach
Even highly profitable practices can experience cash flow problems or tax burdens if their accounting isn’t managed strategically. With TruMediq Consulting, you get:
A partner who understands the unique reimbursement and expense structure of medical practices
A biotechnology company sought detailed product utilization data, by indication and line of therapy, and commercialization strategy support to help identify opportunities to improve access to its product. We leveraged our in-house claims data to assess the size and utilization patterns of the patient populations of interest, analyzing Part B claims data and translating analytic findings into actionable commercialization strategies (e.g., prioritization of target accounts based on factors such as patient volume, ownership affiliations, and changes in product market share). We developed visuals to convey the results of our analysis, which the client is using to better understand utilization trends and inform its growth strategy.
Offering an integrated suite of healthcare consulting and global policy, access, and value capabilities, we helped an emerging biotechnology company develop a multi-national pricing and commercialization strategy for a drug to treat an ultra-rare neurodegenerative disorder. The client sought our expertise in determining how payers in priority markets would assess the product’s value given clinical trial data (e.g., endpoints and patient groups), product characteristics, and market dynamics in each country of interest (i.e., US, EU, UK, Canada, Australia, and Japan). We reviewed published literature on the indication, conducted a coverage and reimbursement landscape analysis for each of the client’s target markets, and convened advisory board meetings among US and global payers to strengthen the client’s pricing and commercialization strategy.
We conducted primary and secondary market research, qualitative evidence assessments, quantitative conjoint analyses, and in-depth stakeholder interviews to help develop pricing and commercialization strategies for a novel vaccine preparing to launch against a competitor product.
Let TruMediq Consulting set up your accounting and financial strategy for lasting profitability and compliance.
Omar advises a range of clients on issues including supply chain, drug pricing, launch strategy, and oncology market analytics and planning.
Omar advises a range of clients on issues including supply chain, drug pricing, launch strategy, and oncology market analytics and planning.
In early 2024, a fourth-year psychiatry resident approached TruMediq Consulting with an ambitious vision: to have his own private ...
In early 2023, a nurse practitioner with five years of hospital experience decided to open her own private practice. Unsure of where ...
In late 2023, a large multi-specialty healthcare organization recognized a growing problem: their existing provider queue assignment ...
Quiet Borderline Personality Disorder (Quiet BPD) is a lesser-known subtype
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We work with physicians, nurse practitioners, physician assistants, mental health providers, and other licensed clinicians across specialties—whether starting a solo practice, group clinic, or telehealth operation.
Yes! We offer complete end-to-end services including business formation, credentialing, EMR setup, billing, staffing, and marketing—so you can launch your practice with confidence and support from day one.
Absolutely. Many of our clients are first-time business owners. We simplify every step, handle all the backend logistics, and teach you how to manage your practice like a pro.
Yes. We assist with entity selection, registration, EIN setup, and help you establish your legal and tax infrastructure properly.
Yes. We handle NPI (Type 1 & Type 2), DEA registration, medical license guidance, and HIPAA compliance setup.
Yes. We credential providers with Medicare, Medicaid, and major commercial payers. We also manage CAQH profiles and follow up on enrollments.
On average, 60–120 days depending on the payer. We start the process early to avoid launch delays.
We support We support all EMR systems including practice Athena, AdvancedMD, Charm, and others, and will help you guide on what is best for your practice. We help you select, configure, and train your team on your preferred platform.
Yes. We set up your billing systems, train on CPT/ICD coding, integrate clearinghouses, and manage revenue cycle setup.
Yes, we can manage your billing and claims processing long-term, with our skilled billing specialists.
Yes. We help set up your accounting system (QuickBooks, etc.), categorize expenses, manage bookkeeping, and create financial reports. Our licensed CPA accountants deliver advanced tax strategies and personalized advisory services designed to maximize savings and support long-term financial growth.
Yes. We integrate platforms like Cherry, Sunbit, or CareCredit for patient financing and payment tracking.
Yes. We create job descriptions, provide recruiting strategies, assist with screening, and help train new hires on systems and workflows.
Absolutely. We develop SOPs for front desk, triage, intake, emergencies, and more—tailored to your practice model.
Yes. We create SEO-optimized websites, logos, and branding packages with online scheduling and patient forms built in.
We implement local SEO strategies, set up Google Business Profiles, manage online listings, and can run paid ads through Google and social media.
We offer ongoing support with KPI dashboards, workflow audits, growth strategies, and system optimizations to ensure long-term success.
Yes. We provide expansion planning, staffing forecasts, infrastructure setup, and marketing support for new sites or telehealth rollouts.
Yes. We assist with practice valuation, preparation for sale, and guidance through partner buy-ins or external acquisition.
Most clients go live within 8–12 weeks, depending on complexity. We move quickly while ensuring nothing is overlooked.
We do the heavy lifting, but your input is key. We offer weekly check-ins, ClickUp task boards, Slack/email support, and a secure client portal to keep you informed and involved.
Yes. We offer flexible payment options for eligible providers. Reach out to our team to discuss your situation.
Your staff is the face of your practice, and your operational systems are its backbone. The right people in the right roles—supported by clear, consistent processes—can mean the difference between a thriving, patient-centered clinic and a disorganized, stressful work environment.
At TruMediq Consulting, we help you recruit, train, and empower your team while building Standard Operating Procedures (SOPs) that keep your operations efficient, compliant, and patient-focused. Whether you’re launching a new practice or looking to improve an existing one, we’ll ensure your people, processes, and workflows work together seamlessly.
A practice with skilled staff and clear processes:
Poor staffing or lack of SOPs, on the other hand, can lead to:
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