Healthcare
About
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Between patient care, regulatory demands, and complex billing processes, managing finances can feel overwhelming for those in the healthcare sector. Our team of experienced accountants and business advisers is here to provide tailored solutions, freeing you to focus on what matters most – your patients.
We work closely with practices of all sizes, from private hospitals with single clinics to multi-facility operations. We also support across the whole sector from Private Care Networks and GP practices to dentists, consultants, and care homes. Whether you want to simply stay compliant with financial regulations or get strategic advice on growing your practice, our team is here to support you.
Our approach
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Sector specialisation
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Strategic advice
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Mergers and Acquisitions Support
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Tax Planning
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VAT
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Funding
Sector specialisation
Years of experience working with practices in the healthcare sector have given us a deep understanding of your financial and business challenges. This means our team knows the best practices and can advise you on ways to maximise profitability, optimise cash flow, navigate complex regulations, and manage patient billing effectively.
Strategic advice
We provide strategic financial guidance to optimise your practice’s performance. This includes cash flow management, budgeting, profitability analysis, and long-term financial planning, so you can make informed decisions for the future of your hospital or clinic.
Mergers and Acquisitions Support
The healthcare landscape is constantly shifting, with hospitals seeking to expand services, improve efficiency, and navigate changing regulations. Our M&A support services can support you through the entire process from valuing your practice and conducting due diligence to finding a buyer and ensuring a smooth transition.
Tax Planning
As well as ensuring the practice is running tax efficiently, we can support healthcare professionals in minimising their exposure to tax, ensuring your wealth is protected.
VAT
We understand the complexities of VAT compliance in the healthcare sector. Our team can advise you on VAT registration requirements, calculating VAT on your services, and filing VAT returns.
Funding
Securing funding is often crucial for growth and development in the healthcare industry. We can assist you in exploring financing options, such as bank loans, government grants, and venture capital, and help you prepare a compelling business plan to secure funding.
Services
We have worked with the team at SB&P for many years and appreciate their client centric approach. Not only have they served many of our clients admirably, a few years ago we decided to appoint them as our own accountancy advisers and have been pleased with the relationship.
Schedule a Free Consultation
Contact us today for a free consultation to discuss your specific healthcare accounting needs and discover how we can help your practice.