Clinical Financial Management and Analytics

Encompass Medical Partners’ (EMP) Clinical Financial Management and Analytics team can provide your company the support needed to keep your practice operating. Our services include:

Payroll and Retirement Fund Management Services

  • Payroll and benefits management
  • Retirement plan administration
  • Processing and tracking of payroll wire transfers
  • Verify taxes paid by payroll provider
  • Process loans and distributions
  • Maintenance of all IRS standards for plan participant contributions
  • Payout of quarterly bonuses, if required or necessary

Financial Management Services

  • Payment of bills via check, commercial card, or Automated Clearing House (ACH)
  • Monthly reconciliation of all bank statements
  • Invoice management
  • Reimbursement of employee invoices
  • Filing and payment of local and federal taxes
  • Management of all financial statements
  • Management of all month end processes, including distribution of provider month end packets

Practice Analytics Services

  • Determination of appropriate staffing levels
  • Creation and maintenance of an executive dashboard, including reports from the billing system
  • Insurance product facilitation, including Medical Malpractice, Employment Liability, General Liability, Workers Compensation, Directors and Officers, etc.
  • Quarterly tracking of key performance indicators