Monocacy Wealth Management
Healthcare Accounting Solutions
Healthcare is a high-stakes industry that requires precision, compliance, and strategic financial management. This is why leading healthcare providers turn to us. From payroll and financial reporting to tax planning, cash flow and budget analysis, we're here to support your organization's financial health.
Financial Clarity Begins Here
Ready to transform financial uncertainty into financial clarity? It all begins with a simple phone call.
(301) 360-9500Our Core Healthcare Accounting Services
Payroll Management
We have the tools and experience to overcome payroll complexities unique to your industry. That not only means streamlined operations but accuracy and compliance—all while reducing administrative burdens.
Financial Reporting
Healthcare organizations depend on accurate and timely reporting to make informed decisions and meet regulatory requirements. Our financial statements give you 360-degree views of your costs and revenue streams, allowing you to follow the data—not your instinct.
Tax Planning
Your industry faces unique tax challenges, from non-profit status to complex reimbursement structures. Our tax experts understand these intricacies and take a proactive approach to tax planning—one that reduces liability and allows you to allocate resources where they belong: patient care.
Compliance
Healthcare regulations and compliance measures are complex and everchanging. Our team will help you navigate this landscape, ensuring your financial practices align with industry-specific requirements.
Cash Flow Management
From streamlining the billing process, managing accounts receivable, and forecasting cash needs, our accounting experts are here to optimize your financial operations.
Audits
Our audit services go well beyond compliance checks. We take a deep dive into your financial records and processes, identifying potential risks and missed opportunities.
Long-Term Growth Strategies
We provide the financial insights you need to make informed strategic decisions. Whether you're expanding services or considering M&A opportunities, our data-driven analysis helps you chart a course.
The Principles that Fuel Your Success
At Faragalla and Associates, we believe success is mutual. That means we only succeed when you do. To ensure your success, everything we do begins with:
Integrity
We tell the truth even when it's hard. We also do the right thing—even when no one is watching. We know what it takes to build a business and promise to treat yours like it is our own.
Impactful Communication
We believe in guiding you out of the dark, not walking you further into the depths of a financial maze. That means clear, timely, and jargon-free communication delivered with a personal touch. If our insights aren't action-centric, we refine them until they are.
Continuous Improvement
In our industry, past success is rarely an indicator of future success. We strive to continuously improve and go the extra mile to ensure you achieve your goals in an ever-changing financial landscape.
Commitment
We facilitate a supportive environment to help you achieve your vision and reach your greatest potential. Our team is dedicated to providing the resources, guidance, and expertise needed to overcome challenges and seize opportunities.
Genuine Care
We have genuine concern, not only for one another but also our valued clients. We place a priority on empathy, kindness, active listening, and mutual respect. This is the foundation upon which we build every client relationship.
Real Reviews, Real Success
Our Core Offerings
Fractional CFO & Advisory Services
Elevate your financials without the unnecessary overhead. Our fractional CFO services provide big-company expertise on a small-company budget.
Tax Services
The word “audit” makes most people shudder. But not our clients. We turn tax season into opportunity season.
International Tax
We may have a local-first philosophy, but we have global expertise, allowing you to successfully navigate international tax regulations.
Accounting
Focus on your passion, not your paperwork. We handle the numbers so you can handle your business.
Payroll
Streamline your payroll process, stay compliant, and keep your team happy. We crunch the numbers so you can focus on what counts.
Audit & Assurance
Build trust with crystal-clear financial statements, giving stakeholders the assurance they need and you the credibility you can bank on.
Consulting
Maximize tax savings, optimize financial planning, and chart a course for sustainable growth. From startup to exit, we've got your back.
Business Valuation
When it comes to business, knowledge is power. We ensure you know your worth to maximize your exit.
Meet Your Financial Partners
We founded Faragalla and Associates in 1991 because we saw a major industry gap—too many accounting firms were leaving clients feeling overwhelmed and underserved.
We made a vow to change this by prioritizing personalized attention and clear communication at every step.
Learn more about our founding principles and the client-focused approach that has made us stand out for over 30 years.
Financial Insights: Our Blog
Transform Your Financial Uncertainty into Opportunity
Living in the financial dark means missed opportunities, unnecessary stress, and an uncertain future. Our team will give you the timely and actionable financial data you need to make informed decisions, drive business and personal growth, and secure your financial future. Contact us now for a free discovery call!
