Dr. Thomas Arnold, OD

Dr. Thomas Arnold, OD

Dr. Thomas Arnold is a reputable Houston optometrist. He has been practicing for 36 years, and he is also a long-time MGA client. He intentionally keeps quality people in his corner, which he says is key to his success.

“My personal philosophy is that I’m an optometrist. I concentrate on optometry because that’s what I do. And I try to hire the best people I can for other disciplines. I’m not going to try to be the accountant. I’m not going to try to be the attorney. I’m not going to try to be the realtor. I’m an optometrist. So I believe that finding the best people, paying them what they want, and just letting them do their jobs is the way to go. That’s the way I run my business. So I am relying a lot on picking quality people to partner with.” — Dr. Thomas Arnold, OD

The MGA team is the right amount of conservative/aggressive for Tom. We take advantage of what’s on the table while staying within the lines. That’s because we know Tom. We know him on a personal level, and we understand his risk tolerance, his goals, and his priorities. That’s what MGA is all about — taking a personal approach to our client’s unique needs.

We have also been an instrumental part of Dr. Arnold’s exit planning strategy. From the beginning, our personal approach has allowed us to plan ahead together.

“What I would say about Paul and the MGA team is that they have become more than just my accountants. They have become my friends because they really take a personal approach. They just look at the whole person. So for the last 20 years, I’ve been planning this entire journey for my retirement and the next phase. And they’ve been right there with me through it all. So it’s more than a professional partnership, it’s a personal relationship.”

He also talks about MGA continually staying ahead of the curve, which allows us to provide the top-notch quality and efficiency that our clients know and deserve.

“Saying that MGA is cutting edge is such a cliché, but they are — they are forward-thinking. They not only keep up with technology, they kind of lead technology, I think. It’s great. We are all crunched for time, and the computers and electronic medical records and power points of the world take more time, not less. So I’m busier than I’ve ever been in my entire career because you have all these other avenues of things you are maintaining. But the MGA team makes things so easy for their clients.”

In other words, we really do make the complex simple for our great clients, like Tom.

Click here to read more about Dr. Arnold’s story and why he has chosen to partner with MGA for all these years.

BioTE

biote-featured-image

BioTE

Whether It’s Your Hormones Or Your Business, It’s All About Balance

The relationship between MGA and Dr. Gary Donovitz goes back a long way. Dr. Donovitz, founder of the Institute for Hormonal Balance and founder, chairman and medical director of BioTE®, and Russ Miller, MGA founder and partner, were college roommates. Kind of like the two guys from Lonesome Dove, Gary and Russ’s story demonstrates how two individuals and their organizations can work together to support each other as they grow — in their case, in leaps and bounds.

Not just an innovator — a true trailblazer

In 1985, Dr. Donovitz saw an unmet need. He realized he could help people feel better and achieve a healthier life through hormone therapy. Determined to make a difference in this burgeoning field, he founded the Institute for Hormonal Balance, specializing in gynecological wellness and advanced hormone optimization. He followed this with BioTE® Medical, now the largest provider of natural hormone pellet therapy in the U.S.

Some 20 years later, Dr. Donovitz has become a leading innovator in bio-identical hormone replacement, literally changing healthcare through an individualized, comprehensive method of hormone optimization. Having performed more than 50,000 pellet insertions, he is an international lecturer in sub-cutaneous hormone pellet therapy and has successfully taught the technique to nearly 2,000 practitioners nationwide.

How MGA helped an idea take flight and soar

When Dr. Donovitz came to us in need of financial and accounting guidance, we leapt into action, providing him with the consultative foundation for understanding the financial side of his business. In essence, we became his back-office.

Then, so that he could work on his business instead of just in his business, we focused on our areas of business proficiency (our specialty) so he could focus on the future of hormonal therapy (his specialty).

The result? With our help, Dr. Donovitz’s business has grown from one practice to 1,600. Moreover, our team has structured his organization for scalability and stability so that this expansive growth has gone hand-in-hand with financial stability.

Our MGA team accomplished this through a wide range of services, including:

  • Entity structure and estate planning
  • Tax compliance on state and federal levels
  • Full-service bookkeeping, including AR/AP, financial forecasting, month-end and quarter-end closing
  • Liaison relationship management
  • IT efficiency projects and recommendations
  • Agreed Upon Procedure reviews

This is one client’s success story. How can we help you write yours?

Dr. Donovitz and BioTE® Medical are committed to changing healthcare, and MGA is committed to helping them achieve that goal. And we can do the same for your business.

Similar to hormone balance, we create a genuine opportunity for people to have more successful careers, better relationships and more productivity, now and for years to come.

To learn more about BioTE® Medical, click here.

PFS Group

PFS Group

PFS Group

Jeff Gorski has been building revenue cycle solutions for healthcare systems for over 25 years. Complexity comes with his industry. Just ask anyone about that hospital bill you received for your surgery or your baby’s delivery.

As he will tell you, “revenue cycle is as complex a payment system as there is.” But his company, PFS Group, founded in 2005, has become one of the most successful, fastest-growing patient account management companies in the nation.

By combining experienced professionals with cutting-edge technology and top-notch processes, Jeff and PFS Group deliver outstanding results for its hospital partners.

He understands how to make the complexity surrounding billing and collections for hospitals more clear and understandable for patients. PFS’s job is to ensure that hospitals have outstanding reputations and their patients and the public see them as leading the way towards better revenue solutions.

MGA works closely with Jeff as he builds his business. Jeff is always asking us "what can you do for me?". We are already thinking forward with him. MGA is far more than his accounting firm — we are his business advisor and confidant. Always ready to think with him about how to keep growing, we find us sitting on a plane together flying to talk to others, so we find innovative solutions for PFS.

Some of the ways we work with clients like Jeff include:

  • The direction and long-term vision for the business
  • Business structuring, tax planning, and process review
  • Estate and gift planning
  • Business expansion and location consultation
  • Assurance services

To learn more about PFS group, click here.