Innovative strategies in practice management
Running a successful healthcare practice has never been so challenging. That’s why we specializes in practice management providing financial and tax planning services for health care professionals in London, Ontario and surrounding area. We understand the importance of achieving work life balance. Our integrated approach to your practice helps you maximize your professional income, investments and retirement savings while enjoying the rewards of your professional life. Helping you to achieve financial security and independence is our goal.
Our expertise in practice management has made NPT LLP one of the largest professional practice advisors in Ontario. We proudly provide accounting and advisory services to over 900 medical doctors and dentists throughout Ontario and Canada.
Our knowledge base is enhanced through our membership with PKF North America - a network of accounting firms that provides us access to international expertise and best practices. We believe our breadth of accounting and advisory experience and membership with PKF will be of great benefit to your organization.
We're committed to serving the unique accounting needs of our health care clients including:
Assurance and accounting services
- Practice plan development
- Valuation/purchase and sale negotiation
- Lease or purchase options
- Arrangement of appropriate financing
- Personal and business debt structuring
- Cost-sharing and associate agreements
- Business structuring as a proprietorship, a partnership or a professional corporation
- Establishment of management and/or holding corporations
- Set up of family trusts and investment corporations
- Review and assessment of operating procedures
- Cash flow management
- Effective staffing analysis and employee compensation/benefits review
- Assessment of overhead, life and disability insurance
- Alternative remuneration strategies - salary, dividends, IPPs, and EPSP