Effective Healthcare Accounting Services for Better Cash Flow

Streamline financial processes and meet compliance requirements seamlessly

If you operate a private practice or are part of a larger practice group, we offer continuous management and support to help you maximise the benefits of outsourced accounting services. With our specialised knowledge in medical-specific accounting and financial management, along with our proficient staff, established processes, and advanced technology, we can effectively oversee your GP Practice, Medical Centre, Dental Clinic, or Allied Health Practice. PABS Australia comprehends the intricate financial needs and operational hurdles encountered by healthcare providers and medical practices. With extensive experience in collaborating with the medical industry, our team possesses the expertise and accounting solutions essential for optimising financial procedures and ensuring compliance requirements are upheld.

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Unburden your team from the intricacies of financial management

By opting for outsourcing, you can relieve your team from the intricacies of overseeing a finance department. This not only results in significant cost reductions but also guarantees precise financial reporting by capitalising on the proficiency of professionals equipped with industry-specific knowledge.

Procure to Pay

We handle all your accounts payable needs: processing, recording, coordinating invoices, and preparing reports.

Order to Cash

Helping businesses manage crucial finance functions that affect cash flow seamlessly.

Revenue Cycle Management

Categorisation of membership fees, personal training sessions, product sales, and consultation fees.

Inventory Management

Monitor movements of healthcare supplies and maintain accurate records of medical payments, purchase orders, inventory etc.

Monthly Financial Statement

Ensure your practice’s financial well-being with timely and accurate financial statements and reports.

Bank Reconciliation

Keep accurate track of all your bank and card transactions.

Cash Flow Management

Maintain healthy cashflow management of your practice with improved order to intake management, care to claim, claim to payment cycles and point-of-service claims.

KPI Reporting

Increase patient satisfaction by revealing key patient care insights and optimising reports.

BI and Analytics

Financial analysis and reporting tool: Transforming financial data into actionable insights.

Benefits

Tailored financial services to meet all your needs

Streamlined and clear accounting processes

Precise procure to pay and order to cash services

Expertise as per your industry with professional accountants

Automation-centric approach to drive process transformations

Customer-mediated project objectives and outcomes

Technology Agnostic

Our technology-agnostic approach distinguishes us with unmatched adaptability, agility, and reliability. Having worked with all major bookkeeping, payroll, tax, and BAS software, we don’t play favourites when delivering top-notch services. If your preferred software isn’t listed, there’s no need to worry. Our certified professionals effortlessly integrate with your chosen tools, offering you strategic advantages, much-needed flexibility, and unwavering reliability.