Healthcare Industry
Optimize the way you do business by putting our Welch Healthcare Accounting team at the heart of your success. We provide a holistic accounting service to help all your business needs.
As a healthcare professional, you need to focus your time providing the best care to your patients. Welch has the flexibility to work with you wherever you are, delivering timely responses to all of your questions – even to questions you did not know you had. Think of our Welch Healthcare Accounting team as an extension of your team as we care for the health of your finances.
Accounting & Tax Services for Healthcare Professionals
Doctors
Our proactive holistic advice is aimed at making it easier for you to manage your financial life while taking the time you need to help your patients manage their wellbeing.
Dentists & Orthodontists
As a dental practitioner in a highly competitive industry you are focused not only on your patients, but also on the management of your hygienist team and practice as a whole.
Pharmacists
As a pharmacist, you need to dedicate your time and expertise on your practice. Welch will focus on the accounting and financial expertise so that you can focus yours on what you do best.
Veterinarians
As a veterinarian, you not only focus on providing the best care to your clients, but also on running a business in a highly competitive environment.
Surgeon
As chartered professional accountants, we at Welch strive to operate at your level, providing you with financial expertise and advice so that you can focus on your profession.
Clinic
Welch is your business partner, assisting you with all of your financial needs – including bookkeeping, inventory management and compensation strategies. Add to this our in-depth knowledge of corporate structure and taxation, and we can develop a plan to help you start, grow and successfully exit your clinic.
Healthcare Accounting, Tax & Advisory Services
Assurance and Accounting
- Audits, Review engagements
- Financial statements
- Accounting outsourcing
- Net worth statements
Tax
- Annual tax returns
- Tax consultation
- Tax compliance
- Tax planning
- Merger tax issues
Transaction Support
- Due diligence
- Valuation/fairness opinions
- Negotiation, structuring and management of deal
- Building acquisition strategies
Mergers and Acquisition
- Identification of potential buyers, marketing/road show
- Transaction execution
- Target identification, engagement and evaluation
Free Canadian Tax Preparation Services for Medical Students & Residents
We know preparing your personal income tax return can take a lot of time. We can do it for you free of charge.
OUR CLIENTS
Team Members
CPA, M.Fisc
Lévesque Marchand Welch SENCRL, Ottawa
613-236-9191 ext. 248
More About Healthcare Services
Frequently
Asked
Questions
Why do healthcare professionals need a specialized accountant?
Healthcare professionals often face complex financial decisions involving incorporation, personal and corporate taxation, compensation planning, practice growth, and retirement planning. A specialized healthcare accountant understands the unique challenges faced by medical professionals and can provide tailored financial guidance.
Welch LLP works with healthcare professionals across Ontario to provide accounting, tax, assurance, and advisory services that support both their professional goals and long-term financial success.
How can a Welch LLP advisor help healthcare professionals who own a clinic?
Healthcare professionals who own clinics manage both patient care and the complexities of running a business. In addition to providing medical services, clinic owners must navigate financial responsibilities such as bookkeeping, associate compensation, inventory management, taxation, financial reporting, payroll, and business growth planning.
Welch LLP works with healthcare owners to provide accounting, tax, assurance, and advisory services tailored to the needs of medical practices. From full-service bookkeeping and tax preparation to financial planning, practice growth strategies, and succession planning, our team helps clinic owners manage their finances so they can focus on delivering quality patient care.
What tax planning strategies are available for healthcare professionals?
Healthcare professionals may benefit from specialized tax planning strategies related to professional corporations, income management, compensation planning, retirement preparation, and business transitions.
Welch LLP helps healthcare professionals identify tax planning opportunities, manage corporate and personal tax obligations, and develop strategies designed around their unique financial goals.
Does Welch LLP provide healthcare accounting services across Canada?
Yes. Welch LLP provides healthcare accounting, tax, assurance, and advisory services to healthcare professionals and organizations across Ontario. With experienced teams in Ottawa and Toronto, Welch supports physicians, dentists, pharmacists, veterinarians, surgeons, and clinics with specialized financial guidance.
Whether you are starting a practice, managing growth, or preparing for a transition, Welch LLP provides the expertise needed to navigate complex accounting and tax decisions.
Simplify Complex Accounting for your Healthcare Practice
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Are You Ready To Talk To A Healthcare Specialist?
Get in touch, tell us your needs and we’ll assign an industry specialist to your organization.
