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Release Date:Thursday, July 31, 2014
Media Contact: Caryl Bixon-Gordon (201) 796-7788
Results Serve as Valuable Tool for Medical Practice Managers
ALBANY, N.Y., July 24, 2014 – SaxBST, the accounting, tax and advisory firm with offices in Albany, N.Y., has partnered with the New York Medical Group Management Association (NYMGMA) to conduct the organization's 2014 Salary and Benefits Survey. The results, which are now available, serve as a salary standards benchmark for medical practice managers throughout New York State.
Since 2006, SaxBST has been partnering with NYMGMA to conduct the survey. The association represents group medical practice executives throughout New York State and is committed to providing educational and advocacy services tailored for today's complex medical industry.
SaxBST, an outgrowth of a merger earlier this year between two of the region's most prominent accounting firms, Albany-based Bollam, Sheedy, Torani & Co. LLP (BST) and Sax Macy Fromm & Co., PC (SMF) in Clifton, N.J., has been specializing in medical and dental group practices for more than 40 years.
"We understand the financial success of a practice is no longer solely dependent upon the skills of the medical or dental professional," said Paul Petell, a partner with the firm's Medical and Professional Industry Services Group. "We help our clients and the industry as a whole develop sound management strategies through tools like the NYMGMA Salary and Benefits Survey. The data collected helps with the overall business of practice management and remaining competitive in this ever-evolving industry."
A member of MGMA, SaxBST provides a wide range of services to medical and dental practices, including practice assessments, compensation, practice succession, insurance coding and billing, group practice evaluations, strategic business planning and new practice set-up.
In addition to the Medical and Professional Industry Services Group, SaxBST's expertise extends to other industry areas and niches, including real estate, construction, manufacturing and distribution, employee benefits, retail, financial services, not-for-profit, governmental entities and labor unions. As one of the top 100 accounting firms nationally, SaxBST serves the needs of closely held companies, family owned businesses, not-for-profit and governmental entities and high net worth individuals throughout the New York tri-state area.
New York Medical Group Management Association, Inc. (NYMGMA) is the New York State Affiliate of the Medical Group Management Association, a professional association of more than 21,000 medical group administrators that provides education, networking and resources to its members. NYMGMA represents an active, non-profit association of more than 500 professional medical group managers from across New York State. To purchase the survey results report, contact Debbie Goldman at (631) 864-1960, or email@example.com.