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Finance & accounts services for healthcare service providers

Finance & accounts services for healthcare service providers

Reduced government funding, increased regulatory burden resulting from the ever-changing HMRC legislations and the continuing healthcare reforms in the UK give rise to unique challenges. Most healthcare service providers are under pressure to do more with limited resources. Our finance & accounts and payroll services provide accurate information and the right advice to help you meet your business objectives.
QX’s business began in the healthcare industry and it is one we understand well. This understanding brings added value in our servicing and delivery of finance, accounting and payroll for our healthcare clients. Our services provide up to 50% cost reduction compared to in-house accounting, while conveying the benefits of increased accuracy, rigorous compliance and process excellence. One of our healthcare clients has now saved in excess of £2.5 million over the contract period and continues to save more.
finance and accounts services for healthcare service providers

Services

Since 2003, we have worked with the UK’s leading GP groups, healthcare recruitment agencies, NHS trusts, and other healthcare service providers. We understand that the needs of healthcare professionals and organisations are varied and complex. We have multi-disciplinary teams of accountants with in-depth knowledge in different aspects of healthcare accounting.

We offer a dedicated team led by an experienced team leader, who closely coordinates with you to deliver bespoke financial services and reports. We provide expert advice and guidance for dealing with budgetary controls and regulations. We excel at handling a large volume of transactions for master vendors, implementing self-billing processes, ensuring timely and correct payment, recovery of old outstanding advances & overpayment to contractors, accurate balance sheet reconciliation, and management reporting. Clearly defined SLAs and KPIs and regular reporting ensure that you get the promised services, on time and on cost.


Why healthcare firms choose QX


Cost savings
Healthcare providers are hardest hit in this time of financial constraints. By outsourcing the non-core business functions, you benefit from up to 50% cost reductions.
Accurate and reliable
Our accountants and payroll specialists have worked with NHS trusts and GPs for years, and excel at delivering timely, accurate, and bespoke financial data that adds real value to the business.
Compliance guaranteed
Our accountancy and payroll teams stay a step ahead of the ever-changing raft of HMRC legislation by keeping clients compliant and meeting all HMRC and other obligations.
Flexible staffing
Increase or decrease the size of your team based on your fluctuating workload. We also cover sickness and holidays so that you always have the finance team support you need.
Better business decisions
Regularly measured, managed and updated SLAs and KPIs give companies full control over F&A. Detailed reporting and analysis paves the way for better business decisions.
Happier employees and managers
Drawing from over a decade of experience in healthcare payroll, we ensure that your workforce contractors are paid on time, and managers have access to real time information. The result is improved efficiency and a happier workforce.







Wondering how exactly our services can help your company boost profitability?
Why not tell us about your business and get a free expert opinion?