Specialist Accounting & Advisory for the Medical Industry
Strategic financial support so you can focus on patient care.
Surgeons and medical practices face unique financial, regulatory and operational challenges.
From complex tax structures and practice income distribution to payroll, compliance, asset planning and growth strategy – the financial side of medicine demands more than basic accounting.
At Economos, we work with surgeons, specialists, multi-disciplinary clinics, day surgeries and large medical practices to provide high-level accounting, tax, audit and advisory services. Our goal is simple: help you protect your income, streamline your practice, and build long-term financial security while reducing administrative burden.
Services for the medical industry
Specialist Medical Accounting & Reporting
Tailored accounting and reporting for medical income streams, practice expenses, equipment purchases, asset depreciation and partner distributions.
Tax Advisory & Compliance for Doctors
Medical professionals face unique tax considerations. We provide expert guidance on:
- PSI (Personal Services Income) rules
- Practice and entity structuring
- GST and BAS
- Income splitting (where compliant)
- ATO representation
- Capital gains and investment strategies
Medical Practice Structuring & Asset Protection
We help surgeons and large practices establish optimal entity structures designed to:
- minimise tax
- protect personal and business assets
- manage partner buy-ins and exits
- support future expansion
Payroll, HR & Compliance Management
Complete payroll solutions for large practices, including:
- staff and contractor payments
- superannuation
- leave entitlements
- award compliance
- Single Touch Payroll (STP)
Practice Advisory & Performance Improvement
Guidance on how to run your practice more effectively, including:
- profitability analysis
- practice KPIs
- partner distributions
- fee modelling
- budgeting and cash-flow management
CFO Advisory for Growing Practices
High-level financial leadership without hiring a full-time CFO. We support:
- multi-site expansion
- financial modelling
- lender and investor reporting
- acquisition and merger planning
Audit & Assurance Services
Internal audits, financial control reviews, compliance audits and preparation for external audit requirements.
Cloud Accounting & Practice Management Integration
We can integrate secure cloud accounting with your practice software for seamless reporting and reduced admin.
Why medical practices choose us
Contact our medical accounting specialists
Frequently asked questions
Yes, we specialise in supporting surgeons, specialists, day surgeries and multi-disciplinary practices.
Absolutely. We can design and implement entity structures that support growth, asset protection and compliance.
Yes, including payroll management, super, STP, contractor payments and award interpretation.
Yes, we assist with valuation, structure, negotiation and tax planning for partner transitions.
Yes, including KPI analysis, financial modelling, multi-site expansion, mergers and practice performance optimisation.