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Medical Practice Accounting • GAAP Standards

Clinical Accounting & Books Closed by Day 5

Gain institutional visibility into clinic profitability, physician wRVU compensation, and clinical equipment overhead. Selva Infotech delivers GAAP-compliant monthly financial packages closed reliably on the 5th business day of every month.

View Monthly Deliverables
Day 5
Monthly GAAP Close
99.9%
Reconciliation Accuracy
100%
Audit-Ready Statements
Healthcare financial director and practice accountant analyzing clinic profit and loss dashboard
Clinical Precision

Healthcare Accounting Solutions We Deliver

Specialized ledger management tailored to physician practices, ambulatory surgery centers (ASCs), and hospital networks.

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Day 5 Month-End Close

No waiting 30 days for financial statements. Receive complete balance sheets, income statements, and cash flow reports on the 5th business day.

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Physician Compensation (wRVU)

Automate complex provider payroll formulas based on work RVUs, collections thresholds, clinical shifts, and partnership profit splits without disputes.

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Multi-Clinic Ledgers & MSO

Consolidated multi-entity bookkeeping for multi-location groups, holding companies, and Management Services Organizations (MSOs) with inter-company eliminations.

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Medical Supply & Pharma AP

Track clinical supply costs, implantables, and pharmaceutical accounts payable to capture vendor early-payment discounts and eliminate duplicate invoices.

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Cash Flow & EBITDA Projections

Understand practice burn rates, capital expenditure planning for diagnostic equipment, and 12-month rolling cash forecasts.

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Bank & Merchant Reconciliation

Daily three-way reconciliation between your EMR billing deposit reports, clearinghouse 835 remittance files, and bank statements.

Upgrade Your Practice Financial Operations

Schedule a 20-minute financial discovery call with our healthcare controllers. We will review your current close timeline and show you how to close by Day 5.

✓ Accounting Request Submitted! A medical controller will contact you within 2 business hours.