REED TINSLEY, CPA

Reed Advises Physicians + Medical Practices

281-379-5988 connect on linkedin

I am a highly experienced Houston-based CPA, holding certifications as a Valuation Analyst and Healthcare Business Consultant. Specializing exclusively in the healthcare sector, work closely with physicians, medical groups, and other healthcare entities with managed care contracting issues, operational and financial management, strategic planning, and growth strategies. My expertise encompasses multiple areas including managed care contracting, operational efficiency, financial management, strategic planning, and growth strategies.

I have published numerous articles in national and regional publications and am frequently asked to speak on a variety of health care topics, including capitation, revenue enhancement, and integration strategies. My articles have been published in the Journal of Medical Practice Management, MGMA Journal, Hospital Physician, Texas Medicine Family Practice Journal, Group Practice Journal and the American Bar Association Health Law Journal. I also serve on the Editorial Board for the book Medical Group Practice: Legal and Administrative Guide published by Wolters Kluwer.

My seminars have received sponsorship from both the American Medical Association and the Southern Medical Association. Along with my consulting and speaking projects, I authored Medical Practice Management Handbook for CPAs, originally published by Harcourt Brace.  Additionally, I have co-authored three healthcare publications by John Wiley and Sons: Performing an Operational and Strategic Assessment of a Medical Practice, Valuation of a Medical Practice, and Healthcare Financial Operational Manual for IPAs. I have written two books published by the American Medical Association: Negotiation of Managed Care Contracts and Medical Practice Mergers.

Being a hands-on sole practitioner, when you contact my office, you will be communicating with me directly. Please don’t hesitate to contact me either by phone at 281-379-5988 or by e-mail at reedt@rtacpa.com. You can also download my CV here. Join my circle of esteemed physician and healthcare clients that I consider my special family. I look forward to working with you!

Memberships

Below is a list of my current active memberships:

  1. Member and past president, National Society of Certified Healthcare Business Consultants
  2. Member, American Academy of Professional Coders
  3. Member, American Health Lawyers Association
  4. Member, American Institute of CPAs
  5. Member, Association of Certified Fraud Examiners
  6. Member, Association of Independent Doctors
  7. Member, Financial Planning Association
  8. Member, Health Care Compliance Association
  9. Member, Houston CPA Society
  10. Member, Medical Group Management Association
  11. Member, National Association of Certified Valuation Analysts
  12. Member, National Association of Tax Professionals
  13. Member, Texas Society of CPAs

Books Written by Reed Tinsley

Below is a list of books published by Reed Tinsley:

  1. Healthcare Financial Operations Manual for Independent Practice Associations, Published By John Wiley & Sons
  2. Managed Care Contracting: Successful Negotiation Strategies, Published By American Medical Association
  3. Medical Practice Management Handbook, Published By Harcourt Brace Professional Publishing
  4. Performing an Operational and Strategic Assessment for a Medical Practice, Published By John Wiley & Sons
  5. Physician Practice Mergers, Published By The American Medical Association
  6. Valuation of a Medical Practice, Published By John Wiley & Sons

Partial List of Articles Published

  1. “An Easy Way to Analyze E/M Coding for Group Practices”
  2. “Be Conservative in Calculating Equipment ROI”
  3. “Does Your Practice Live and Breathe Your Mission Statement?”
  4. “Identifying Appropriate Business Valuation Approaches Under Stark and AKS”
  5. “Improving a Practice’s Receivables Collections”
  6. “Is Overhead Really to Blame for Today’s Woes?”
  7. “Is There A Merger In Your Future?”
  8. “It Doesn’t Become A/R if You Collect it at the Front Desk”
  9. “Managing a Medical Practice Using Month End Management Reports”
  10. “Managing by the Numbers”
  11. “Negotiating or Renegotiating Managed Care Contracts”
  12. “Now is the Time to Review Practice’s Buy/Sell Agreement”
  13. “Patient Overpayments and Escheat Laws”
  14. “Phone Conduct and Patient Satisfaction”
  15. “Physician Owner Agreements – What to Look For”
  16. “Plan Ahead Before Merging Medical Practices”
  17. “Should You Consider Selling Your Practice to a Hospital?”
  18. “Steps to Survive an Insurance Audit”
  19. “Strategic Planning Programs for Physician Practices”
  20. “The 12-Step Way to Reduce Overhead: Staffing Efficiencies”
  21. “The ABCs of Building a Financially Healthy Medical Practice”
  22. “The Urge to Merge – Things to Keep in Mind in the Beginning”
  23. “Why are Physicians Such Poor Planners?”
  24. “Why Merge Medical Practices?”

Partial List of Article Publishers

  1. AHLA Tax & Finance Substantive Law Committee
  2. American Academy of Allergy, Asthma and Immunology
  3. American Academy of Orthopaedic Surgeons
  4. American Bar Association
  5. Association of Otolaryngology Administrators
  6. Exit Planning Institute
  7. Group Practice Journal
  8. Houston Medical Journal
  9. Medical Economics
  10. Medical Group Management Association
  11. Oklahoma MGMA
  12. Southern Medical Journal
  13. Texas MGMA
  14. The IPA Association of America
  15. The Journal of Family Practice

Reed Tinsley’s Speaking Engagements

I am available to speak at your next physician conference or provide in-house teaching seminars. Available topics include:

  1. Physician Practice Management
  2. Managed Care Contracting
  3. Evaluating Physician Practice Finances
  4. Group Practice
  5. Regulatory Compliance
  6. Physician Compensation
  7. Practice Mergers

Seminars can be specially designed for a speaking or teaching assignment.

Partial List of Lectures/Seminars Given

  1. 10 Resolutions Every Physician Practice Should Make
  2. 10 Tips for Better A/R Management
  3. Accountable Care Organizations – The Good, The Bad, The Ugly
  4. Can Physicians Make Tough Decisions?
  5. Compliance Strategies for Physician Practices
  6. Cost Accounting for Medical Practice
  7. Current Issues in Physician Compensation
  8. Evaluating the Financial Health of Your Practice
  9. Financial Strategies to Report and Achieve Success
  10. Hospital Acquisition of Physician Practices
  11. How to Manage Practice Operating Overhead
  12. How to Merge Medical Practices
  13. How to Thrive, Not Just Survive, in a Changing Health Care Environment
  14. How to Value a Medical Practice
  15. Implementing the Right Internal Controls in a Medical Practice
  16. Negotiating and Renegotiating Managed Care Contracts
  17. Physician Buy-Ins and Buy-Outs
  18. Physician Compensation – What Works and What Doesn’t
  19. Physician Employment Contracts and Relationships
  20. The Affordable Care Act
  21. Using Financial Statistics to Manage a Medical Practice

Partial List of Lecture Sponsors

  1. American Academy of Allergy, Asthma, and Immunology
  2. American Institute of CPAs
  3. American Medical Association
  4. American Society of Appraisers, Houston Chapter
  5. American Urological Association
  6. Association of Maternal Fetal Medicine Management
  7. Association of Otolaryngology Administrators
  8. Business Valuation Resources
  9. Decision Health
  10. Healthcare Billing Management Association
  11. Iowa Medical Society
  12. IPA Association of America
  13. Medical Group Management Association – Alabama Chapter
  14. Medical Group Management Association – Central Texas Chapter
  15. Medical Group Management Association – Colorado Chapter
  16. Medical Group Management Association – Kansas City Chapter
  17. Medical Group Management Association – Mississippi Chapter
  18. Medical Group Management Association – National
  19. Medical Group Management Association – Texas Chapter
  20. Medical Group Management Association – Texas Gulf Coast Chapter
  21. National Association of Certified Valuation Analysts
  22. National CPA Healthcare Advisors Association
  23. National Society of Certified Healthcare Business Consultants
  24. PAHCOM
  25. Radiology Business Management Association
  26. Society of Thoracic Surgeons
  27. Southern Medical Association
  28. Texas A&M Family Medicine Residency Program
  29. Texas Medical Association
  30. UCLA College of Medicine
  31. University of Michigan Medical School

What Clients Say About Reed Tinsley

Here is what past participants have said about my seminars:

“Thanks again for a most informative and helpful program – really good information – I learned a lot, and appreciate your taking us through the thought process behind all that work – that seems to be mostly what never gets talked about.” K.H., Alexandria, LA

“Thanks for a great seminar! Quite worthwhile!” P.H., Pensacola, FL

“I just attended the seminar that you gave in Seattle and I wanted to tell you how helpful your seminar was. I walked away with useful information to grow our practice.” S.J., Fergus Falls, MN

“Your workshop was very informative and well presented. It was really worth the trip.” C.D., East Stroudsburg, PA

“Your class was very refreshing and renewed my dedication to the field.”, S.G., Minneapolis, MN

“The seminar “Evaluating the Financial Health of Your Practice” was one of the most useful programs that I have attended in many years. The material that you presented was relevant and applicable to the day to day work environment of a physician practice. I plan to implement many of the reports that you presented.” L.B., Cary, N.C.

“Let me say the seminar was outstanding! The program, Evaluating the Financial Health of Your Practice, was one of the best educational programs I have attended.” P.M., Libertyville, IL

“My ‘ROI’ from your MGMA Financial Management conference in Kansas City back in 2007 or ’08 is endless.  Thank you!” Anne, Bend, OR

“I really appreciate the data that you send out.  You are performing an outstanding service to physicians and their managers.” Fred, Walnut Creek, CA

“First of all, let me say that I thought your lecture at the conference was one of the best that I attended. The information presented, the topics and “hands on” was applicable for any and all medical practices. Thank you!  I liked your style and confidence.” Jessica, Bristol, TN

Frequently Asked Questions about Working with Reed Tinsley

What services does Reed Tinsley, CPA offer?

I offer specialized services focused on healthcare professionals and medical practices. Key services include: 

  •  Financial and Tax Consulting: Providing tax planning, preparation, and financial management guidance to reduce liabilities and ensure compliance. 
  •  Healthcare Valuation: Offering practice valuation services for mergers, acquisitions, and transitions. 
  •  Practice Start-Up Services: Assisting in the creation of new medical practices, including business planning and entity selection. 
  •  Litigation Support: Providing expert testimony and financial consulting in healthcare-related legal disputes. 

My services are tailored to help healthcare professionals optimize their financial and operational success. 

Who can benefit from Reed Tinsley, CPA’s services?

My services benefit a wide range of healthcare professionals, including: 

  • Physicians and Medical Practices: For those seeking to improve practice management, financial performance, and tax strategies. 
  •  Healthcare Entrepreneurs: Ideal for individuals starting a medical practice who need guidance on business planning and regulatory compliance. 
  •  Practice Buyers and Sellers: Benefiting from healthcare valuation and financial consulting for mergers, acquisitions, and transitions. 
  •  Medical Billing Teams:  Practices needing to enhance cash flow and improve billing processes through revenue cycle management. 

How can Reed Tinsley, CPA help improve my medical practice’s financial performance?

I can help enhance your medical practice’s financial performance through a variety of targeted strategies. Typically we can start by optimizing tax planning to reduce liabilities and improve cash flow, while also identifying opportunities to manage expenses and cut unnecessary costs without sacrificing quality care. I can work with you to streamline your billing and collections processes to ensure quicker payment cycles, improving overall cash flow. Additionally, I can conduct benchmarking by comparing your practice’s financial health against industry standards, pinpointing areas for growth and improvement. By analyzing your profitability, we can uncover revenue opportunities and cost-saving measures that drive your practice toward greater financial stability and success.  

How can I schedule a consultation with Reed Tinsley, CPA?

To schedule a consultation with me, please use the contact page on here. There, you’ll find options to either fill out a contact form or reach out directly via phone or email.  

What resources are available on the Reed Tinsley, CPA website?

On my website, you can find a variety of resources designed to assist healthcare professionals and medical practices. These include: 

  • Service Descriptions: Detailed information about the consulting services Reed offers, including medical practice management, financial consulting, and healthcare valuation. 
  • Blog: Articles and insights on relevant topics in healthcare finance, tax planning, and practice management, providing valuable tips and updates. 
  • FAQs: Answers to common questions about Reed’s services, helping potential clients understand what to expect. 
  • Contact Information: Details on how to reach Reed Tinsley, including phone numbers, email addresses, and a contact form for scheduling consultations. 

Can Reed Tinsley, CPA assist with tax planning and preparation for my medical practice?

Yes, I can assist with tax planning and preparation for your medical practice. I provide specialized tax services designed for healthcare professionals, including optimizing tax strategies to minimize liabilities and enhance cash flow. I can manage the preparation and filing of your tax returns, ensuring accuracy and compliance with current tax laws. Additionally, I offer advice on tax-efficient practices and investments, helping your practice achieve better financial outcomes. With my expertise in healthcare finance, I can address the unique tax challenges faced by your medical practice and help you navigate them effectively. 

What is a CPA?

A Certified Public Accountant (CPA) is a professional designation for individuals who have met the education, experience, and examination requirements set forth by the American Institute of Certified Public Accountants (AICPA) and state regulatory authorities in the United States. CPAs are highly qualified and recognized professionals in the field of accounting and financial management.

What is a health care CPA?

As a healthcare CPA, I am distinguished by my ability to provide value to a practice, offering expertise in accounting, taxes, and tax planning. Payment for my services is seen as an investment, not overhead, as working with me contributes to a practice’s financial success. Additionally, I serve as a valuable resource to physicians, offering free communication and access to a network of over 200 healthcare-focused professionals through the National Society of Certified Healthcare Business Consultants.

What is a medical practice management consultant?

A medical practice management consultant is a professional who specializes in providing advisory and consulting services to medical practices, healthcare facilities, and healthcare professionals. Their primary goal is to help these entities optimize their operations, improve efficiency, and enhance the overall quality of patient care while maintaining regulatory compliance.

What services do medical practice management consultants, such as Reed Tinsley, provide to physicians and medical practices?

Medical practice management consultants offer a wide range of services to physicians and medical practices aimed at enhancing their operational efficiency, financial viability, and overall quality of patient care. Some of the key services provided by Reed Tinsley include:

  • Medical Practice Management
  • Medical Practice Merger Advice
  • Medical practice and Health Care Entity Valuation
  • Litigation Support
  • Medical Practice Brokerage

Why should physicians and medical practices work with a CPA and a medical practice management consultant such as Reed Tinsley?

Why should physicians and medical practices work with a CPA and a medical practice management consultant such as Reed Tinsley?

Client Quotes

My ‘ROI’ from your MGMA Financial Management conference in Kansas City back in 2007 or ’08 is endless. Thank you!”

ANNE, BEND, OR

Connect With Reed