A home for all your medical business accounting needs.
A home for all your medical business accounting needs.
A home for all your medical business accounting needs.
Healthcare businesses operate under a unique set of financial pressures, from complex compliance obligations to managing revenue across multiple income streams. We specialise in accounting for medical and healthcare businesses across Melbourne so your practice runs as well financially as it does clinically.
Healthcare businesses operate under a unique set of financial pressures, from complex compliance obligations to managing revenue across multiple income streams. We specialise in accounting for medical and healthcare businesses across Melbourne so your practice runs as well financially as it does clinically.
Your practice deserves an accountant who understands the healthcare industry.
Your practice deserves an accountant who understands the healthcare industry.
Medical businesses are not like other small businesses. The compliance requirements, income structures, and growth challenges are specific to healthcare and require specialist knowledge. Here is how we approach it.
Precision
Healthcare compliance leaves no room for error. We prepare every return, lodgement, and report accurately and on time so your practice is always meeting its obligations.
Precision
Healthcare compliance leaves no room for error. We prepare every return, lodgement, and report accurately and on time so your practice is always meeting its obligations.
Understanding
We work with doctors, dentists, physiotherapists, and other healthcare professionals and understand the specific financial challenges your industry presents, from GST-free health services to income splitting.
Understanding
We work with doctors, dentists, physiotherapists, and other healthcare professionals and understand the specific financial challenges your industry presents, from GST-free health services to income splitting.
Long-Term Focus
We are building a financial strategy that supports the sustained growth of your practice over the long term, from your first clinic to potential expansion.
Long-Term Focus
We are building a financial strategy that supports the sustained growth of your practice over the long term, from your first clinic to potential expansion.
Simplicity
Running a healthcare business is demanding. We make the accounting side as simple and low-friction as possible so your finances never distract you from patient care.
Simplicity
Running a healthcare business is demanding. We make the accounting side as simple and low-friction as possible so your finances never distract you from patient care.
Expertise
From Xero setup and payroll management to tax planning and financial modelling, we bring the full range of accounting expertise a growing medical business needs.
Expertise
From Xero setup and payroll management to tax planning and financial modelling, we bring the full range of accounting expertise a growing medical business needs.
Your practice deserves an accountant who understands the healthcare industry.
Medical businesses are not like other small businesses. The compliance requirements, income structures, and growth challenges are specific to healthcare and require specialist knowledge. Here is how we approach it.
Precision
Healthcare compliance leaves no room for error. We prepare every return, lodgement, and report accurately and on time so your practice is always meeting its obligations.
Understanding
We work with doctors, dentists, physiotherapists, and other healthcare professionals and understand the specific financial challenges your industry presents, from GST-free health services to income splitting.
Long-Term Focus
We are building a financial strategy that supports the sustained growth of your practice over the long term, from your first clinic to potential expansion.
Simplicity
Running a healthcare business is demanding. We make the accounting side as simple and low-friction as possible so your finances never distract you from patient care.
Expertise
From Xero setup and payroll management to tax planning and financial modelling, we bring the full range of accounting expertise a growing medical business needs.
Our Services
Accounting services built for medical and healthcare businesses.
The accounting services healthcare businesses rely on to stay compliant, manage their practice, and focus on their patients.
Tax Compliance
We handle every tax obligation for your practice accurately and on time so you are never caught out by the ATO.
BAS and IAS Lodgements
We manage every BAS and IAS lodgement so they are always submitted correctly and on time, without you chasing a deadline.
Business Solutions
We manage every BAS and IAS lodgement so they are always submitted correctly and on time, without you chasing a deadline.
Tax Planning
We build a proactive tax strategy tailored to your medical business, identifying every legitimate saving throughout the year.
Cash Flow Management
We forecast and manage your cash flow so your practice always has the funds it needs to operate and grow, regardless of payment timing.
Financial Reporting
We track your income, profit and loss, and practice performance through Xero so you always have accurate, current data to guide your decisions.
Business Advice
From pricing your services to planning a merger or expansion, we offer specialist advice that goes beyond compliance and helps your practice grow strategically.
Our Services
Accounting services built for medical and healthcare businesses.
The accounting services healthcare businesses rely on to stay compliant, manage their practice, and focus on their patients.
Tax Compliance
We handle every tax obligation for your practice accurately and on time so you are never caught out by the ATO.
BAS and IAS Lodgements
We manage every BAS and IAS lodgement so they are always submitted correctly and on time, without you chasing a deadline.
Tax Planning
We build a proactive tax strategy tailored to your medical business, identifying every legitimate saving throughout the year.
Cash Flow Management
We forecast and manage your cash flow so your practice always has the funds it needs to operate and grow, regardless of payment timing.
Financial Reporting
We track your income, profit and loss, and practice performance through Xero so you always have accurate, current data to guide your decisions.
Business Advice
From pricing your services to planning a merger or expansion, we offer specialist advice that goes beyond compliance and helps your practice grow strategically.
Our Solution
If these problems sound familiar, you're not alone.
The accounting challenges most medical businesses face and exactly how we solve them.
Without Elephant
Compliance eating into patient time
GST treatment handled incorrectly
No clear picture of profitability
Overpaying tax
Current accountant doesn't get healthcare
With Elephant Advisory
Every obligation managed
GST-free services managed correctly
Real-time reporting through Xero
Year-round tax planning
Specialists with medical industry experience
“We help medical and healthcare businesses get their financial house in order so you can focus on patient care and outcomes.”
“We help medical and healthcare businesses get their financial house in order so you can focus on patient care and outcomes.”
“We help medical and healthcare businesses get their financial house in order so you can focus on patient care and outcomes.”
FAQ
Let's clear a few things up.
No jargon, no runaround - just honest answers.
Do you specialise in accounting for medical businesses?
Which types of healthcare businesses do you work with?
How does GST work for medical practices?
How do you help medical businesses manage cash flow?
Can you reduce the tax our practice pays?
Can you connect Xero to our practice software?
Do you specialise in accounting for medical businesses?
Which types of healthcare businesses do you work with?
How does GST work for medical practices?
How do you help medical businesses manage cash flow?
Can you reduce the tax our practice pays?
Can you connect Xero to our practice software?
Do you specialise in accounting for medical businesses?
Which types of healthcare businesses do you work with?
How does GST work for medical practices?
How do you help medical businesses manage cash flow?
Can you reduce the tax our practice pays?
Can you connect Xero to our practice software?
Phone
Address
Unit 16 105/111 Ricketts Rd
Mount Waverley VIC 3149
OFFICE HOURS
Mon to Fri: 8.30am - 5.00pm
By appointment only.
Phone
Address
Unit 16 105/111 Ricketts Rd
Mount Waverley VIC 3149
OFFICE HOURS
Mon to Fri: 8.30am - 5.00pm
By appointment only.
Phone
Address
Unit 16 105/111 Ricketts Rd
Mount Waverley VIC 3149
OFFICE HOURS
Mon to Fri: 8.30am - 5.00pm
By appointment only.