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Healthcare

Healthcare Accounting Services

As financial regulations for individual sectors become more complex, our extensive knowledge of the healthcare sector will deliver tangible benefits and visible advantages to you.

We are not only experts in tax and accountancy, we also use our specialist sector knowledge to advice private, public, non-profit health and social care organisations.

Our expert team of healthcare accountants have many years of experience in the sector, delivering a personal, proactive, and industry-specific approach through on-going support and advice. Currently, we’re working with over 350 healthcare clients across the firm.

If you are a care homeowner looking for a specialist accountant, or a practice manager looking for expert professional advice in the dental or medical sector, Bishop Fleming’s healthcare team has the expertise and experience you need.

How we can help with healthcare sector advice

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Care homes

We understand the challenges facing providers and our dedicated care home team work closely with them to make the most effective use of technology so that they can focus on running their business.

Our team of specialists provide advice to over 250 clients, from the owner-managed and privately owned to large portfolios and corporate groups. These include Care homes (retirement/residential homes for the elderly), nursing homes, learning disability, challenging behaviour and specialist needs, rehabilitation, supported or assisted living, domiciliary care agencies and foster carers.

Download our Care Homes brochure here.

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Doctors

The GP sector is ever-changing and presents a range of financial challenges for practices. We are proud to class ourselves as specialists within the sector and have an experienced, innovative and dedicated team who are passionate about the service we deliver.

We have a wealth of experience within the GP sector, providing a variety of services to many GP practices, hospital consultants, locum GPs and other healthcare professionals, including:

  • Preparation of year end accounts
  • Partnership and personal tax returns
  • Management accounts
  • Budget forecasting
  • Drawings projections
  • Tax planning
  • Partnership agreements
  • Accounting software
  • Mergers and acquisitions
  • Superannuation 
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Dentists

In today’s rapidly changing professional world, it helps if you can work with advisers who truly understand the pressures you face.

With changes surrounding pay, personal tax and pensions as well as staffing costs and structure being key issues facing the dental sector. Maintaining a healthy and profitable dental practice requires good management and high quality on-going support from your advisers.

Our specialist healthcare team work closely with over 50 dental practices and associates, and our experts have in-depth knowledge of the sector, providing proactive accounting and financial advice.

Whether you are newly qualified, a principal, associate or limited company, we offer realistic, customised advice that will help you to build your future the way you want. Our commitment, insight and practical approach will help you to achieve more from your practice. Useful at any time, our skills are particularly valuable during periods of change such as acquisition, disposal, incorporation, or making the transition between NHS and private practice.

As part of our commitment to the dental profession, our team of experts attend specialist dental training courses to keep up to date with the latest developments and regularly sponsor local independent dentist training days and foundation dentist events.

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NHS organisations

Bishop Fleming is registered with Local Auditor status with the ICAEW and has two accredited Key Audit Partners, who both have many years’ experience of working with a number of NHS commissioners, acute hospitals, mental health trusts and ambulance service providers, providing both internal audit and external audit services.

We are passionate about working with the NHS sector, to share our specialist experience with organisations, to ensure that you receive the level of assurance that you require.

 

Members of our healthcare team are representatives of the Kreston Medical & Healthcare Group and Institute of Chartered Accountants in England and Wales (ICAEW) Healthcare Group. They attend regular meetings and training to share best practice whilst keeping up to date with the latest developments in the sector.

We pride ourselves on offering a comprehensive service to: 

Care Homes, Dentists, Doctors, Pharmacies, Opticians, Vets, Chiropractors, Physiotherapists, Hygienists and many other related healthcare businesses.

To find out how we can help you or your business with Healthcare sector advice, please contact a member of our team.

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