(416) 422-0300 info@thinkaccounting.ca

Medical and dental

Accountants for doctors and dentists

Run the clinic. Own the numbers. Practice ops, tax planning and practice deals for physicians, dentists and their professional corporations, built into your fractional finance department.

Book a call

Businesses we’ve helped

Knipping Medicine PulseAlert Royal Oak Dental Penticton Dental Arts Penticton Family Dentist Penticton Smile & Implant Stardust Psychotherapy Nature's Touch Naturopathic Halton Hearing St. Clair Cosmetic Brooklin Vision Care NU Eyeglass Dr. Annette Richard Physiocure Vie Psychology Spectra Optical Katerina Nikolitch Nandini Menon Rommana Mehdi Heba Ibraheem Physiocure Vie Psychology Spectra Optical Katerina Nikolitch Nandini Menon Rommana Mehdi Heba Ibraheem

What practice books need to show

Five views that sit on a clean close. Example figures for illustration.

Collection rate

What you collect against what you bill, so billings are not mistaken for cash.

Overhead ratio

Clinic overhead against the month, before you call it take-home.

AR aging

Receivables by bucket, so cash does not stall between the clinic and the bank.

Revenue per provider

Revenue against providers who deliver care.

Payer mix (OHIP / insurance / private)

OHIP, insurance, and private pay on one view, so the mix does not hide cash or risk.

Who this is for

Physicians, dentists and the clinics they run, including medical professional corporations (MPCs) and dental professional corporations.

DentistsDoctorsHealth-techMultidisciplinary clinics

Why clinics outgrow generic bookkeeping

Running the clinic is not the same as owning the numbers. Payer mix and AR hide cash. Overhead eats the month. We build the department so collection rate, overhead, AR, revenue per provider, and payer mix sit on one close, with tax planning and practice deals in the same team.

Built into your fractional finance department

Practice ops are the base. Wealth and tax planning, GST/HST, and corporate tax ride on a clean clinic close. Practice deals use the same file. One firm. See Pricing, or Book a call.

Wealth

Wealth and tax planning

Personal and corporation tax in one plan, year-round, not a scramble at filing. Draws, corp structure, and the clinic close stay on the same team so advice is not arguing with a stale file.

Guides for physicians and dentists: How incorporated physicians should pay themselves and When should dentists and medical professionals incorporate?

Practice deals

Buying a practice

Before you buy, the numbers have to hold: patient book, payer mix, overhead, and cash after debt. We sit the diligence file and the ongoing close so you do not inherit a surprise.

Practice deals

Selling a practice

When you sell, buyers read collection rate, overhead, AR, and the patient book. We clean the close and package the story so diligence is not a scramble. We do not broker the deal.

What we close for clinics

Collection rate

Billings to cash, by payer where it matters.

Overhead

Clinic costs visible against the month.

AR aging

Receivables aged on the same close as cash.

Revenue per provider

What each provider brings in, month by month.

Payer mix

OHIP, insurance, and private coded cleanly.

Sales tax on the books

GST/HST coded where it belongs on taxable fees and supplies. Registrations and remittances scoped on the call.

The stack clinics run

Ledger, receipts, payroll, and payments into one close.

QuickBooks Online

QuickBooks Online

Ledger

Xero

Xero

Ledger

Dext

Dext

Receipts

Wagepoint

Wagepoint

Payroll

Stripe

Stripe

Payments

Plooto

Plooto

Payables

How we start

01

Book a call.

How you bill, who you serve, buy/sell timing if any.

02

Scope the close.

Collection rate, overhead, AR, revenue per provider, payer mix.

03

First clean month.

Clinic numbers owners can run. Wealth and tax plan on the same file.

One call.

The books, the returns, the decisions. Same team.

Book a call