Best-In-Class

Healthcare Accounting Services

Plenty of firms take on healthcare clients. Very few are healthcare experts.

 

W Squared has been the fully outsourced accounting department for healthcare organizations since 2005, from single site practices to multi entity groups. Reporting by location, by provider, by month, that you can actually act on.

The W Squared Difference

See what sets W Squared apart from traditional accounting firms.

Feature

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Others

20+ Years Healthcare Accounting Focus

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Generalist

Multi-Entity, Multi-Location Expertise

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Limited

Revenue Cycle Fluency

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Location-Level Benchmarking & Reporting

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Basic

Consistent, On-Time Month-End Close

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Variable

Full Stack: AP/AR Through CFO Advisory

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Additional Cost

Expert Advice to Support Growth

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Audit & Diligence-Ready Financials

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“It’s been a remarkable partnership for over 9 years.”

“They’re great people – people I trust completely. 
I’ve never once worried about the accuracy of their work.”

 

– Decode Health

One Fully Integrated Accounting Team For Your Healthcare Business

Most firms give you an accountant.
W Squared gives you the whole team.

 

That means the day to day work gets done, the close happens on schedule, reporting arrives on time, and someone oversees it all. Our team handles:

  • Day-to-day accounting operations
  • Month-end close and general ledger management
  • Accounts payable and receivable
  • Multi-entity consolidation
  • Financial reporting and audit-ready financials
  • System alignment across locations

One engagement. One team.

Fully Integrated Accounting Department
Built for Complex Healthcare Organizations

Built For Healthcare Organizations

Our healthcare accountants work with:

  • Single and multi location practices
  • Specialty medical groups
  • Dental, dermatology, cosmetic and veterinary practices
  • Behavioral health and hospice providers
  • Senior living operators
  • Healthcare administrators overseeing multiple entities
  • Organizations preparing for audit or private equity transactions

Most clients come to us saying the same thing: They have not seen a reliable report in months, and the data sits in different places. We know what that looks like, we know how to fix it, and we have done it hundreds of times.

Find Out What's Broken

Schedule a call with us to review your accounting setup.

Thirty minutes. We’ll tell you what we’d fix first.

How We Deliver Healthcare Accounting Services

We align people, processes, and systems to stabilize your accounting function.

People | Processes | Systems

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Discovery Call

We review your accounting structure and reporting requirements.

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Structured Onboarding

Entities are mapped and workflows are defined.

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Stabilized Operations

Close cycles and reporting processes are standardized.

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Ongoing Reporting & Support

You receive consistent financial reporting with embedded leadership oversight.

We work within modern accounting and spend management platforms that support multi-location reporting:

Systems

Start a Conversation About Your Healthcare Accounting Structure

Tell us about your organization and where your accounting function requires reinforcement.

 

We will determine whether outsourcing healthcare accounting services through a fully integrated department is the right fit.

EXCELLENT
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Based on 10 reviews
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andy smith profile picture
andy smith
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
W Squared has been a wonderful partner. I have been impressed with the entire W Squared team, including their professionalism, can-do-spirit and responsiveness. Recommend W Squared highly.
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Rick Jacques profile picture
Rick Jacques
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
We've worked with W2 for five years now, and they have been great. Very responsive, available, quickly familiar with our company, all in all great folks. Couldn't recommend them highly enough.
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KJ Harden profile picture
KJ Harden
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
Very professional and experts in their field. I am glad our company chose LBMC W Squared as our accounting partner!
Posted on Google Google
David Manning profile picture
David Manning
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We have worked with LBMC W Squared for 3.5 years and have had a great experience with the entire team. The professionalism and ability to help our organization as we have scaled has been immensely important to our success. Without LBMC W Squared's support we wouldn't been able to achieve our goals nor grow as quickly as we have. They have been able to troubleshoot and customize their process to meet our needs and the uniqueness of our industry. Could not recommend them more.
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Michael Farrell profile picture
Michael Farrell
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
I have engaged the W Squared team to provide outsourced accounting support for three separate companies. I have found the team to be highly qualified, responsive and cost effective and wouldn't hesitate to recommend the LBMC team for outsourced accounting support.
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Adam Salvador profile picture
Adam Salvador
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
Professional, reliable, and knowledgeable. LBMC W Squared provided exceptional service, addressing all our financial needs with precision and clarity. Highly recommend!
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Conrad Pendergast profile picture
Conrad Pendergast
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
The LBMC/W2 team has helped our business improve our accounting and payables processes, setting us up with a foundation to grow. Jonathan, Sam, and Ashley have all been a pleasure to work with.
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Irena Snider profile picture
Irena Snider
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
LBMC W Squared has been an incredible partner to work with as the company's outsourced accounting function. LBMC implemented best in class processes and procedures, and implemented new systems and technology that have significantly improved timeliness and accuracy. They have customized the reporting based on the needs of the business and have been flexible to adapt when needs have changed. The team is very knowledgeable and true professionals in every aspect, I highly recommend working with LBMC W Squared.
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Paige Tabor profile picture
Paige Tabor
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
LBMC W Squared is the team I trust for business accounting! After a change in jobs, I actively sought out the opportunity to work with LBMC W Squared again. They understand my business, they help me learn key elements of business management, and they are there for me when I need them most. I'm so glad to be working with LBMC W Squared again!
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Melissa Smithson profile picture
Melissa Smithson
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
W Squared has been a great partner with our distributor business in helping us with Microsoft CRM customization, reports, and help desk support, as well implementation of the Inventory component of Microsoft Great Plains! Very customer focused and seem to be experts in each of these fields. I would recommend W Squared to any business!

FAQ's

It means engaging a fully integrated accounting department responsible for daily operations, close, consolidation, and reporting.

No. We manage healthcare accounting services and financial reporting, not clinical billing.

Yes. Multi-entity healthcare structures are a primary focus.

CFO-level advisory is available as an add-on for existing clients.

No. We support tax and audit preparation by delivering audit-ready financials.

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