At HCS, we offer comprehensive payroll support designed specifically for medical practices. Our services help streamline operations, ensure compliance, and reduce administrative burdens. Let us take care of the day-to-day, allowing your team to focus on patient care.
Reliable Payroll Management
- Access to established Time & Attendance System for accurate tracking of employee hours and leave.
- Payroll Processing, including generation of annual W-2s and earnings statements.
- Management of Deductions such as insurance, retirement plans, and other employee benefits.
- Regulatory Compliance with all applicable New York State and federal payroll regulations.
- Time-Off Tracking for vacation, holidays, and other paid leave categories.
Integrated Financial Oversight
While we manage cash flow, banking, bank account reconciliation, accounts payable, and customized financial reporting, our physician clients retain signing authority for all expenses. This ensures transparency and control while reducing the day-to-day administrative load.
Clients are required to select a licensed accountant who is responsible for preparing the practice’s year-end tax returns.