Accounting For Health Practitioners
Health services in Australia rank above some of the best around the world. Medicare cover is available to all Australians, and almost half the Australian population has private health care.
Health services in Victoria are diverse and broad, from local General Practitioners to specialist doctors, private/public hospitals, physiotherapists, chiropractors, podiatrists, naturopaths, personal trainers, amongst many others.
Government policies and regulations of health services frequently change and can be complex for health services to manage. Medicare payments and private health payments can be confusing to manage. Health services can also have high output costs, including the cost of equipment and supplies.
It is very important that health services managers engage an accounting practice that has comprehensive knowledge of the industry, of government policy and procedures, and that can provide ongoing support to the business to ensure that it is performing to its full potential. Think Accountants are highly qualified and knowledgeable of this industry, and can provide great care and ongoing support to businesses in this industry.