Ostrow Reisin Berk & Abrams

Medical Industry

Since our founding in 1977, we have served numerous medical practices. ORBA addresses all factors relating to a client's financial success, including specialized consulting for a wide range of business management issues. We are also well versed in traditional services such as individual and corporate tax planning and compliance, bookkeeping, and audit and review services.

The following list details some of the business advisory services we provide for our medical practice clients.

Analyze internal control systems and recommend ideas for improvement.
Design and implement computerized accounting systems and financial reporting systems and training.
Design and implement pension and profit sharing plans.
Evaluate billing practices and procedures and recommend specific solutions to increase cashflow.
Help to recruit office management and general accounting personnel.
Develop and assist with receivable collection plans.
Consult on effective compensation strategies.
Introduce and implement 401(k) plans.
Develop personal financial/retirement/estate plans for individual doctors.
Perform valuations of medical practices

If you would like to speak with a member of our medical services team, contact Al Abrams, Nicki Chalik or Kal Shiner at 312/670-7444.