Running a medical practice is not just about delivering outstanding patient care—it also involves managing complex financial responsibilities. From navigating taxation regulations to ensuring compliance and cash flow, the financial side of healthcare can be overwhelming. That’s where medical accountants come in.
At Pace Advisory, we specialize in providing tailored accounting and tax advisory services in Melbourne. Our experienced team supports healthcare professionals—including doctors, dentists, specialists, and allied health practitioners—by simplifying their financial management and helping their practices thrive.
What Does a Medical Accountant Do?
A medical accountant is a qualified professional who understands the unique financial challenges and regulatory requirements of the healthcare industry. Unlike general accountants, medical accountants are well-versed in Medicare compliance, medical billing, private health insurance rebates, payroll for clinical staff, and equipment financing.
Key services provided by medical accountants include:
Tax planning and compliance
Business structure advice (sole trader, partnership, trust, or company)
Superannuation and payroll management
Cash flow forecasting and budgeting
Financial reporting for healthcare practices
Support with ATO audits and compliance checks
Whether you're setting up a new practice or expanding your current clinic, having the right financial guidance is critical to long-term success.
Why Choose Specialized Medical Accounting?
Healthcare professionals face unique challenges, such as managing bulk billing versus private billing, understanding tax implications of medical equipment purchases, or dealing with complex partnership structures. Medical accountants take these specifics into account and help you make informed decisions that align with your goals and obligations.
At Pace Advisory, our personalized approach ensures you receive advice that is practical, strategic, and fully aligned with the healthcare sector. We help you:
Reduce tax liabilities with effective planning
Optimize business performance through clear financial insights
Ensure compliance with ever-evolving healthcare regulations
Maximize profitability by identifying hidden opportunities
Accounting Solutions for Every Stage of Your Medical Career
From medical students and junior doctors starting their careers to specialists operating multi-location clinics, our accounting services scale with your needs. We assist with everything from income tax returns for locum doctors to business advisory for established practitioners.
Some of the healthcare professionals we work with include:
General Practitioners (GPs)
Surgeons and Specialists
Physiotherapists
Dentists and Orthodontists
Psychologists and Allied Health Workers
Partner with Pace Advisory
If you're a medical professional in Melbourne seeking expert financial guidance, Pace Advisory is your trusted partner. With years of experience supporting healthcare providers, we offer the insights and tools you need to grow your practice, stay compliant, and reduce financial stress.
Let us handle the numbers so you can focus on what matters most—your patients.
Contact us today to schedule a free consultation and discover how our medical accountants can add value to your healthcare business.