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100+
Clients Served
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100000+
Invoices Processed Per Month
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500+
Completed Projects
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1000000+
Reconciliation in a Month
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100+
Team Size
Dedicated Healthcare Accounting Services
With over a decade of specialised experience, our dedicated healthcare accountants provide comprehensive financial management for medical professionals and practices across the UK. We deliver transparent, fixed-fee services, including bookkeeping, payroll, tax compliance, and much more. Our expertise ensures your accounts remain accurate and compliant, while real-time financial insights empower you to make informed decisions. By entrusting your accounting to us, you can focus on delivering exceptional patient care with complete peace of mind.
Healthcare Accountant Services We Offer
- Bookkeeping
- Medical bookkeeping
- Financial Statement Preparation
- Auditing
- Accounts Receivable
- Accounts Payable
- Cash Flow forecasting
- Tax Preparation
Accounting Hurdles We Take Care for You
Our professionals meticulously manage your accounts, ledgers, and all financial records, allowing you to stay focused on delivering exceptional patient care with complete peace of mind.
Maintaining Accurate Financial Records
Our healthcare accountants ensure your financial records are consistently accurate, up to date, and fully compliant with all relevant UK regulations. We prioritise precision and transparency, giving you confidence in your financial reporting.
Streamlined Payroll Management
We optimise your payroll processes with advanced systems and strict verification protocols. Also, our team stays current with the latest industry regulations and best practices, ensuring timely and accurate payments for your staff while minimising compliance risks.
Enhanced Inventory and Asset Tracking
Our specialists provide real-time tracking of your inventory and assets, delivering instant, actionable insights. Through detailed valuations and robust monitoring, we maximise your financial clarity and safeguard your operations at every stage.
Practice Worry-Free with Professional Healthcare Accounting Services
When you partner with seasoned healthcare accounting professionals, you gain financial oversight to boost your practice. With precise record-keeping and efficient revenue management, we help improve your cash flow, reduce administrative stress, and ensure your practice remains compliant with all industry standards. This partnership not only safeguards your financial health but also creates opportunities to expand your patient base and invest in the growth of your clinic.
- Tailored Onboarding
- Seamless Integration
- Data Migration Support
- Dedicated Account Manager
- No Disruption to Operations
- Scalable Solutions
Switching to Whiz is Simple!
Switching to a new accounting partner may sound like a task, but with Whiz, it’s completely stress-free. We support you at every step, guaranteeing a seamless transition without downtime or disruptions. Leave your bookkeeping to us, so you can focus on what you do best.
Switch Now
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Why Choose Us?
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Innovative Workflow
We leverage cutting-edge technology and best practices to create streamlined workflows that ensure accuracy, efficiency, and timely delivery of your financial reports.
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Seamless Collaboration
We leverage cutting-edge technology and best practices to create streamlined workflows that ensure accuracy, efficiency, and timely delivery of your financial reports.
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Decade of Experience
With over 10 years of industry experience, we have a proven track record of helping businesses from various sectors stay organised and financially sound.
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Dedicated Experts
Our team consists of highly skilled, certified professionals who are dedicated to supporting your business. From accountants to financial analysts, we have the expertise to handle your unique challenges.
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Real-Time Support
Gain a clear, up-to-date view of your financial health round-the-clock. Our real-time reporting and dashboards provide actionable insights that help you make informed decisions and drive business growth.
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Cost Savings
Outsourcing your accounting and bookkeeping with us means you get lower overhead costs up 60%. We offer scalable services tailored to your needs, helping you save on hiring, training, and maintaining an in-house team.
Client Testimonials
See how we've helped others achieve their financial goals with personalized solutions and expert guidance.
"Excellent work with invoicing automation and AP & AR processing. Highly recommended!"
Aaron Attwell
Director
"Excellent team to work with. Great work. Will use their service again for sure."
Jon Kontopos
Vice President
"Exceptionally understanding and competent team. A wonderful experience."
Andy Seth
CFO
"Your team has been outstanding, and we're truly grateful for the exceptional service you've provided in managing our accounting and bookkeeping. The positive outcomes and seamless interactions have been invaluable to us."
Kevin G. Gilles
Founder & CEO
"We wanted to thank you for all of the work and efforts you have completed on our behalf in assisting with the management of our accounting and bookkeeping over the last several months. We have had nothing but positive results and interactions with the Whiz team."
Christopher T. Wright
CFO
"Let me open by saying how pleased I am working with you and the team. It has been an excellent journey so far and I very much appreciate the efforts over the last year."
Kendall Schoenrock
President, SilverRock Ventures
" Love working with the team. Very reliable and responsible"
Nikolas Dimitroulakis
Co Founder
How It Works
We simplify the process to help you achieve your financial goals with ease.
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Seamless Transition
We ensure a smooth, hassle-free transition, minimising disruption to your operations.
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Transparent Communication
We keep you informed at every step with clear, open communication.
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Accurate Finances
Our team provides precise financial tracking to ensure everything stays on budget and within scope.
Have questions in mind? Find answers here...
Our healthcare accountants offer several services to medical practitioners, such as cash flow management, tax preparation, reimbursement services, and managing billing and revenue cycle. Further, they also take care of NHS pensions, financial forecasting, and preparing documents for audits.
When an expert healthcare accounting services provider is optimising your finances and handling your accounts, you reclaim the time to redirect it towards your patients. With streamlined revenue cycle management, optimised patient payments, and accurate recording of transactions, your clinic’s efficiency automatically improves.
Outsourcing your medical practice accounting can significantly lessen your workload, reduce overhead costs, and ensure high-quality financial reporting. On the other hand, managing an in-house accountant entails high charges, unnecessary use of office space, and the need for constant administration.
Our accountants for healthcare practitioners offer end-to-end support when it comes to tax planning and preparation. We assist you to meet local UK tax regulations, such VAT, GMC, and NMC. We further prepare your financial documents for a smoother audit.
Thousands of business owners trust Whiz to manage their account
Let us take care of your books and make this financial year a good one.
Healthcare Accounting Services: Financial Assistance for Improved Business Efficiency
Our expert healthcare accountants help you achieve balance between optimising financial health and meeting regulatory compliances. We assist you to meet UK regulations as imposed by HMRC. With our help, you will always stay ahead on your books, avoid penalties, and maintain patient trust with ease.
Get a CallWith our experts, you can trust us to code medical histories correctly, as we understand the consequences of incorrect coding. We prepare medical bills for regular audits and keep them updated as well.
Medical practitioners are not particularly known for maximising their revenue generation opportunities. That’s why they need healthcare accountants who can assist them to make the most of the situations. Analysing revenue cycles plays a significant role in this process, including identifying bottlenecks, and making the billing process seamless.
Healthcare practitioners can invest in necessary medical equipment when they can save money with a robust financial plan. Our healthcare accountants help you plan, make budgets, and forecast accurately to manage cash flow effectively.
The UK healthcare regulatory landscape is evolving rapidly, with new compliance mandates and reporting requirements introduced regularly by bodies such as the CQC and NHS England. Our healthcare accountants monitor these changes closely, ensuring your practice remains compliant, up to date, and prepared for inspections or audits at all times.
We assist healthcare organisations in preparing mandatory annual reports and statutory accounts in line with the financial reporting standards. Our expertise streamlines the audit process, minimises risks, and guarantees full compliance with government and NHS requirements.
