Skip to main content
About UsResourcesTestimonialsContact Us
Industry Expertise

Healthcare Bookkeeping Services for Medical Practices

Insurance reimbursement tracking and practice overhead management are eating your time. Twelix handles your books so you can focus on patient care.

Everything our healthcare bookkeeping covers

What we handle for you, and the deductions we capture along the way — all built into how we run your books from day one. Nothing you need to bring to a meeting.

01
Insurance payment reconciliation
Insurance payments matched to remittance advice and reconciled to actual deposits — revenue never overstated or understated.
02
Revenue tracked by payer type
Insurance, Medicare/Medicaid, and self-pay revenue tracked separately, giving you a clear picture of your most and least profitable payer mix.
03
Patient billing & A/R management
Patient balances tracked and followed up — cash flow stays healthy.
04
Clinical supplies vs. admin expenses
Medical supplies, clinical equipment, and patient-care costs tracked separately from admin and overhead, so your cost structure is always clear.
05
Practice overhead & expense categorization
Every expense sorted right for maximum year-end deductions.
06
Provider compensation & payroll
W-2 employees and 1099 contractors classified correctly, provider comp calculated cleanly, payroll integrated end-to-end.
07
Equipment depreciation & asset tracking
Maximize deductions on every device and stay tax-ready.
08
HIPAA-conscious financial documentation
Financial records maintained with appropriate access controls and documentation practices consistent with HIPAA requirements.
09
Monthly P&L with healthcare KPIs
Overhead %, collections rate, and revenue per provider at a glance.

Deductions we track for you

Medical Equipment

Section 179 deduction for diagnostic equipment, surgical tools, and exam tables.

Continuing Education

CME courses, conferences, medical journals, and licensing fees.

EHR Software

Electronic health record systems and practice management software.

Office Rent & Utilities

Practice space, medical suite rent, and facility costs.

Malpractice Insurance

Professional liability and malpractice coverage premiums.

Lab & Testing Supplies

Diagnostic supplies, testing materials, and disposable medical items.

Twelix Accounting Demo

Clean books, handled for you
every single month.

Hand off the categorizing, reconciling, and reporting to a dedicated Twelix bookkeeper. You get CPA-ready financials on schedule — and your time back to actually run the business.

Book a Free Consultation

Why Businesses Choose Twelix

We don't just keep your books, we give you the financial clarity to run your business with confidence.

150,000+
Transactions reconciled
11,000+
Hours of bookkeeping
200+
Clients served
99%
5-star reviews
60%
Cost reduction
14+
Industries served
Hear it straight from our clients

Healthcare Bookkeeping Challenges Which We Take Care of

Insurance Reconciliation

Matching payments from multiple insurance carriers to patient accounts is time-intensive and error-prone.

Revenue Cycle Complexity

Patient billing, co-pays, deductibles, and write-offs create multi-step revenue recognition challenges.

Compliance Requirements

Healthcare financial records must meet regulatory standards for audits and reporting.

Practice Overhead

Managing staffing costs, supply expenses, and equipment depreciation requires specialized tracking.

Insurance Reconciliation

Matching payments from multiple insurance carriers to patient accounts is time-intensive and error-prone.

Revenue Cycle Complexity

Patient billing, co-pays, deductibles, and write-offs create multi-step revenue recognition challenges.

Compliance Requirements

Healthcare financial records must meet regulatory standards for audits and reporting.

Practice Overhead

Managing staffing costs, supply expenses, and equipment depreciation requires specialized tracking.

Insurance Reconciliation

Matching payments from multiple insurance carriers to patient accounts is time-intensive and error-prone.

Revenue Cycle Complexity

Patient billing, co-pays, deductibles, and write-offs create multi-step revenue recognition challenges.

Compliance Requirements

Healthcare financial records must meet regulatory standards for audits and reporting.

Practice Overhead

Managing staffing costs, supply expenses, and equipment depreciation requires specialized tracking.

Healthcare Bookkeeping FAQ

Yes. We reconcile payments from all major insurance carriers against patient accounts monthly.

Absolutely. We use encrypted systems and follow strict data security protocols for all client data.

We set up per-provider revenue and cost tracking so you can see profitability at the individual level.

We integrate with Kareo, athenahealth, AdvancedMD, and other practice management platforms.

Yes. We provide per-location and consolidated financial reporting.

Still have a question?

Drop us a line and we'll get right back to you.

… =

Ready to Fix Your Healthcare Books?