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It's not just business
Barbara H. Fulp, CPA is a summa cum laude graduate of High Point University. She has worked in public accounting since 1986. Her experience in public accounting includes medical practice management, providing specialized comprehensive management resources for physicians in private practice and for related health care organizations. She also worked as a Medicare auditor of cost reimbursement for Blue Cross and Blue Shield of North Carolina. Barbara serves as advisor and partner to startup and maturing businesses which encompass diverse industries. Her experience in personal financial and estate planning is an added benefit to the physicians. She has presented sessions on retirement planning to the Board of Trustees of Wake Forest University, School of Medicine as well as to other groups of professionals. Barbara is President of the Kernersville Rotary Club and President of the Winston-Salem Estate Planning Council. She is currently serving on the Wake Forest University Planned Giving Advisory Council, and in the past on the Board of the YMCA. The team of professionals at Barbara H. Fulp & Company, PLLC are skilled and responsive. They will work tirelessly with you to restore health to YOUR health care practice.
Barbara H. Fulp & Company, PLLC, Certified Public Accountants provides planning and management oversight by offering a wide range of services with the aim of providing our clients with a sound basis for making important practice management decisions. Businesses, especially medical practices, need checkups just like patients. However, most medical providers don’t regularly check up on their business’ weaknesses. These weaknesses represent the malignancies of a business’ financial viability, and come in various forms such as employee theft, improper collection of accounts receivable, poor patient flow, noncompliance with human resource development / labor laws and skyrocketing overhead. As such, Barbara H. Fulp & Company, PLLC has developed a routine, objective evaluation program that encompasses nearly every aspect of a medical practice. In addition to the on site practice check-up, Barbara H. Fulp & Company, PLLC will monitor and benchmark the practice’s financial livelihood on an ongoing basis so that there are no surprises along the way.
Strategic planning services We structure compensation arrangements and advise on legal structure and organization of group practices. Barbara H. Fulp & Company, PLLC assists new physicians as they establish their practices and handles mergers of existing practices. We evaluate opportunities for growth. We develop strategies to help our clients progressively respond to changes in the economy and in the way health care is delivered. Our approach combines an in-depth understanding of the problems and opportunities within the health care system with technical expertise in management, contracts, economics, finance, systems, health planning and statistics. We take pride in offering confidential and objective advisory services free of conflict of interest. We are compensated strictly on a fee-only basis. We do not accept commissions or reimbursement from third parties.
Some of the services we offer:
On a project basis: Budget and business plan preparation Accounts receivable analysis Physician and extender compensation Operations analysis RBRVS analysis Medical practice start up Physician contract review Lease negotiation Financing Systems and procedures Reimbursement and coding Financial controls Billing and collections analysis Overhead Management Key Benefits: Evaluate company financial performance Complete accounts receivable analysis to improve cash
flow
WHAT CAN WE DO FOR
YOUR PRACTICE? Just like physicians, we conduct a thorough review of the practice before we can offer diagnosis and treatment. Rx : Call today. We can help you make your practice the best it can be. Restoring Health |
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