Your healthcare career will likely take you through several key phases, and each one brings its own challenges, opportunities, and big decisions. At Amalgam Advisors, we’re here to guide you through all of it.
We’re not a general accounting firm with a few healthcare clients. Healthcare is all that we do. Our team works exclusively with medical, dental, and veterinary professionals, and we understand the specific financial environment you operate in – from equipment costs and insurance structures to unique compliance and contractor arrangements. Where a regular accountant might miss these details, we know them inside out.
Here’s how we support healthcare professionals at each stage of their career.
New graduate or associate
Just getting started? We can help you navigate tax obligations and avoid common financial mistakes. Whether you’re working as an associate dentist, sole practitioner, locum, or are part of a practice, we can show you how to structure your finances, plan ahead, and start building good habits.
Our services include:
- Tax return preparation and strategy
- Budgeting and income forecasting
- Advice on ABN, GST, and contractor obligations
Because we focus solely on healthcare professionals, we understand how your pay is structured, what deductions you’re entitled to, and how to plan for irregular income or future practice ownership.
Aspiring healthcare practice owner
Thinking about buying or starting your own clinic? This is a big milestone, and the right advice early on can make all the difference. We’ll help you get financially prepared, work out the best business structure and perform proper due diligence so you don’t end up buying a business with hidden problems.
Services we offer include:
- Practice valuations
- Due diligence on prospective purchases
- Financial modelling to check viability
- Corporate entity establishment
Because we’ve worked with hundreds of healthcare practices, we know what makes a good business (and what red flags to watch for).
Established practice owner
Once your clinic is up and running, we can be by your side to help you keep it profitable, efficient and growing. From bookkeeping and BAS to tax planning and strategic advice, we partner with you to build a financially sound business.
We also help practice owners with:
- Business advisory and growth planning
- Taxation structuring and minimisation strategies
- Bookkeeping and cash flow management
- SMSF set-up and ongoing compliance
Our team is proactive, so you won’t just hear from us at tax time. We’re here year-round to answer questions, identify risks and help you move forward with confidence.
Planning to retire or step back
At the stage where you’re considering selling or winding down your practice? We’ll help you do it in a way that protects your financial future and sets you up for the next stage of your life. Succession planning isn’t just about selling – it’s about doing it on your terms, with a clear strategy.
Support we offer includes:
- Practice valuations and sale support
- Exit strategy planning
- Succession options (including internal buyouts)
- Retirement modelling and SMSF support
We’re not your average accountants
At Amalgam Advisors, our work is centred around one goal: supporting healthcare professionals at every stage of their journey. We’re committed, specialised, and genuinely invested in your success, from your first tax return to the day you hand over the keys to your practice.
If you’d like guidance tailored to where you’re at in your career, we’re here and ready to help. Give us a call on 1300 604 380.
