Financial Clarity and Control for Independent Medical Practices
HHS provides the financial infrastructure independent practices need — bookkeeping, reporting, forecasting, and strategic planning — without the cost of a full-time CFO.
Get StartedFinancial Services
Practice Bookkeeping
Accurate, timely books maintained by healthcare-specialized accountants who understand the difference between patient revenue and capitation payments.
Financial Reporting
Monthly P&L, balance sheet, and cash flow reports in a format physicians can actually understand — with commentary on what’s driving the numbers.
Budgeting & Forecasting
Annual budgets and rolling 12-month forecasts that tie your financial targets to operational drivers — staffing ratios, patient volume, and payer mix.
Cash Flow Management
We monitor cash positions daily and alert you to shortfalls before they become crises — with strategies to smooth collections seasonality.
Tax Planning Coordination
We work directly with your CPA to ensure your practice financials are clean, categorized correctly, and ready for tax preparation.
Growth Financial Modeling
Thinking about adding a provider, opening a second location, or acquiring a practice? We model the financial impact before you commit.
Most Practices Don't Know Their True Financial Position
There is a persistent gap between what physicians think they're earning and what their practice actually nets after overhead. Most practice owners look at top-line collections and assume they're doing well, but when you subtract staffing costs, rent, supplies, billing fees, malpractice insurance, technology subscriptions, and the dozens of other line items that make up medical practice overhead, the real picture often looks very different. Overhead ratios for independent practices typically run between 55% and 70%, and many owners don't have the reporting in place to see exactly where their money is going — let alone identify where they're overspending.
What HHS delivers is fundamentally different from what a bookkeeper or a general CPA provides. A bookkeeper records transactions. A CPA prepares taxes. Neither one is proactively managing your cash flow, forecasting your financial position 12 months out, or modeling the financial impact of adding a provider or opening a second location. HHS functions as a fractional CFO for your practice — maintaining your books, producing actionable monthly reports with commentary, monitoring cash positions daily, building budgets tied to operational drivers, and coordinating with your CPA so tax season is seamless. You get the financial leadership of a large organization at a fraction of the cost.
Financial visibility changes the way physicians make decisions. When you can see your true cost per visit, your revenue per provider, and your overhead ratio by category, you stop making decisions based on gut feel and start making them based on data. You know whether you can afford to hire. You know which payers are worth keeping and which ones are costing you money. You know when cash flow seasonality is coming and you plan for it instead of scrambling. Financial clarity isn't just an accounting function — it's the foundation for every strategic decision your practice makes.
Frequently Asked Questions
Do you replace our CPA?
No. HHS handles day-to-day financial management and reporting. We coordinate with your CPA for tax preparation and compliance filings.
What accounting software do you use?
We work in QuickBooks Online primarily, but can adapt to other platforms your practice already uses.
How do we get started?
We begin with a financial assessment — reviewing your current books, reporting setup, and identifying immediate improvement opportunities.
Fund Your Practice's Growth
HHS connects you with the right financial solutions for every stage of growth.
Get StartedAre you a physician or practice?
Let us handle the business side so you can focus on patient care.
Partner With UsAre you an investor or health system?
Explore partnership and investment opportunities with HHS.
Contact Investor Relations