Hospital Accountants
The fast-paced nature of hospitals demands accountants who can confidently navigate the finances involved. That’s where we can help.
- Specialist accounting for hospitals and other healthcare providers
- Industry-specific and data-driven insight
- Experience with over 80,000 clients
Stay compliant with experienced hospital accountants
Hospitals form an integral part of the healthcare industry. Like with other healthcare services, having a handle on hospital accountsand finances allows establishments to spot key opportunities and challenges.
Working with Xeinadin’s hospital accountants means you can alleviate in-house pressures by outsourcing key financial responsibilities. These include accounts, bookkeeping and tax management. With our help, you can stay compliant and refocus your efforts on providing optimal healthcare for your patients.
Why choose Xeinadin for hospital accounting services?
- Tailored approach: Our hospital accountants offer a bespoke service designed to help you achieve your financial goals and remain stable.
- Broad set of expertise: We offer support across a wide array of services and specialise in numerous industries. This gives us the capacity to provide tailored support across most organisations.
- Innovative solutions: We use advanced technology to assist our clients, whether through cloud accounting or R&D support.
- Reputation: We're one of the UK's largest accountancy firms, with over 2,000 advisors and over 80,000 clients across the UK and Ireland.
- Local to you: We have over 130 offices, so our experts could be closer than you think.
Book a meeting
To find out more, request a free, no-obligation chat with our expert team. From there, we can establish how having a hospital accountant could be beneficial to your organisation.
Get in touch
Our experts will give you a clear overview of how we can tailor our services to suit your requirements.
Our accounting services
Meet our hospital accounting experts
Daniel Tremain
Director - HealthcareSittingbourne
Michael Ogilvie
DirectorEastbourne
Caroline Blake
DirectorChester
Hospital accountant FAQs
We work with professionals across the entire healthcare sector. Beyond private and NHS hospitals, we also assist GP practices, dental practices and even health charities.
The healthcare tax system is complex. The amount of VAT or corporation tax paid will depend on several factors. The same applies to business rates. Whether a hospital is public or private plays a large role in this.
For example, if a private hospital is a registered charity, it can be granted an 80% relief on business rates. This is done on the condition that they ensure the service is available for socially beneficial purposes. An example of this includes accepting NHS referrals.
Are hospitals tax-exempt? The answer to this is no, hospitals aren’t explicitly tax-exempt. However, certain hospitals have some tax exemptions. Working with an experienced hospital accountant means you will always remain tax compliant in line with the VAT Act 1994, the Corporation Tax Act 2010 and others.
Our range of hospital accountant services is extensive.
We can help you with your accounts, bookkeeping, tax and payroll services so you stay on top of your financial operations. Auditing in a hospital can also help us ensure your financial records and accurate and compliant.
Beyond this, we can help out with more specialist services such as R&D and cloud accounting, so you stay adaptable. Our business advice also helps clients to keep thinking about the next steps.
View all our services to see how we can help.
We know how multi-faceted healthcare expenditure can be. Hospital accounting support from Xeinadin means you can get a handle on the following types of expenses:
- Medical supplies: These cover general hospital equipment and pharmaceuticals.
- Operational costs: These include utility, IT and hospital maintenance costs.
- Salaries and benefits: An extensive category for most hospitals, this covers employee compensation for medical and non-medical staff.
- Insurance: This covers everything from employers’ liability insurance to public liability insurance to protect against legal claims.
Having greater transparency over your expenditures means you can spot key patterns and identify areas for improvement going forward.
Get in touch
Our experts will give you a clear overview of how we can tailor our services to suit your requirements.
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