The Case of Doctors in the Dark
A group of physicians in a busy medical clinic, who prided themselves in giving exceptional care, was completely in the dark about the financial health of their clinic. They didn’t understand their overhead costs or their monthly revenues.
Scarrow Yurman & Co worked with the internal accountant to prepare the year-end financial statements and explained the financial performance of the association to the doctors. We also presented an analysis of internal control weaknesses to the lead physician.
Now the doctors understand how to track their monthly performance and can get back to focusing on patient care.