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Strategic Tax & Accounting for Physiotherapy Clinics
Optimize your associate fee splits, navigate complex HST exemptions, and structure your Professional Corporation for maximum wealth retention with Teixeira Accounting.
Scaling a Rehab Clinic Requires Precision Accounting.
Running a successful physiotherapy or multidisciplinary rehab clinic involves managing a complex web of revenue streams. From direct patient billing and MVA insurance claims to managing associate contractor splits and retail product sales, standard bookkeeping simply cannot capture the nuance of your operations.
At Teixeira Accounting, we specialize in the financial architecture of rehab clinics. We help you benchmark your overhead, ensure strict CRA compliance regarding independent contractor status, and build tax strategies that allow you to keep more of what you earn.
Clinic Overhead Analyzer
Are your clinic expenses eating into your profit margins? Adjust the sliders below to evaluate your overhead ratio against industry benchmarks for highly optimized clinics.
Clinic Overhead & Profitability Analyzer
Evaluate your clinic's overhead ratio against industry benchmarks and identify potential tax-optimized savings.
By optimizing tax strategy and operational efficiency to hit the 35.0% benchmark.
This tool is for general information only and does not replace professional tax or accounting advice.
Associate Fee Split Analyzer
Evaluate the true profitability of your associate practitioners after accounting for their fee split and your clinic's overhead.
Your clinic's fixed and variable costs as a percentage of total revenue.
The actual bottom-line profit the clinic retains from this associate's billings.
This tool is for general information only and does not replace professional tax or accounting advice.
Associate Splits & HST Compliance
One of the highest risks for a clinic owner is the misclassification of associate practitioners. If the CRA determines your independent contractors are actually employees, you could be liable for years of unremitted CPP and EI premiums. We review your compensation structures to ensure they meet the strict criteria for independent contractor status.
Additionally, while physiotherapy services are generally exempt from HST, the sale of retail products (braces, tapes, orthotics) is taxable. We implement cloud accounting systems that seamlessly segregate these revenue streams, ensuring you remit the exact right amount of HST without overpaying.
Operational Advisory
Fee Split Reconciliations
Automating the calculation of associate percentages against collected revenues, preventing overpayments.
MVA & WSIB Tracking
Implementing robust Accounts Receivable tracking to ensure delayed third-party insurance claims don't cripple your cash flow.
Physiotherapy Accounting FAQs
Expert answers to common tax questions for Canadian rehab clinics.
Ready to Optimize Your Clinic?
Stop letting outdated accounting hold your practice back. Partner with a dedicated CPA firm that understands the business of rehab clinics.
