Deeper Insights To Grow Your Practice
Our goals for every client are to help them generate the most income for their practice and for themselves, to retain the most after taxes, all while helping them obtain the greatest ease of practice. We realized that most clients share these goals soon after we opened our doors in 1932.
Growing a private practice today is more challenging than it used to be. As a result, delivering these goals to our clients requires deeper insights than what was needed even a decade ago.
Here’s why we believe we deliver those insights to grow private practices.
We’ve Specialized In Private Practices Since 1932
When our founder, J. Paul Revenaugh, opened his doors in 1932, he did it to help doctors and dentists deal with business issues. He recognized that medical and dental schools didn’t train their students to deal with the business side of private practice. It’s still true today. Over the years Mr. Revenaugh kept the firm’s focus on private practices. In addition, in the 1950s he rallied support to form the precursor for what is today The National Society of Certified Healthcare Business Consultants, the leading organization for firms of all kinds devoted to serving private practices in healthcare.
Today PBM still specializes in private practices. PBM has grown, and we bring many points of view to our clients directly via our services:
- Healthcare Accounting
- Healthcare Practice Management
- Financial Planning
- Retirement Plans
We bring more perspectives indirectly via our extensive network of experts in real estate, insurance, malpractice, legal, billing and revenue cycle management, practice valuations, wealth management, and others. We put all of these perspectives together for every client we work with.
We Meet With Clients Proactively During The Year
Like any good idea, deeper insights come all the time…not just at tax time. As such we meet with clients proactively during the year. We’ll review the financials and talk through the issues they see and we see. Of course we also want them to call when they have a question, a concern, or a deeper insight.
Our Fee Structure Encourages Proactive Communication
We incorporate proactive communications into our rate. We do not turn on the billing clock every time a client calls. We want our clients to call without wondering how much more they just paid for this call or that follow up. When clients wonder, they don’t call. Nobody is served when that happens. Admittedly, we’re not the low cost provider on the market. We’re also not the highest. Our clients believe that they get excellent value for what they pay.
Our Clients Say So
Our clients stay with us for an average of 15 years, and counting. When we’ve surveyed our clients to ask why they stay, they say it’s because we know them so well. To them, we’re more of a business partner than an accountant. They trust us. We believe our deep roots in healthcare, our expertise, and our proactive communications are critical to knowing our clients and building trust.