AAFCPAs to Lead Three Educational Sessions at HFMA Conference Sharing Our Expertise with CHCs

Posted on April 27, 2018September 9, 2021

AAFCPAs has been asked to share the firm’s expertise by presenting educational workshops on three important topics at the Healthcare Financial Management Association’s (HFMA) Inaugural Federally Qualified Health Center (FQHC) Conference on May 3^rd, 2018 in Manchester, New Hampshire.
AAFCPAs is an ideal fit to contribute our knowledge base at this must-attend conference for finance professionals serving Community Health Centers (CHC) throughout New England. This Conference includes three tracks: Finance, Billing and Front-End with topics specific to each track. Five AAFCPAs professionals are happy to share their expertise on the following topics:

Effective Modeling for Accounts Receivable Allowances and Testing Estimates

Matthew Hutt, CPA, CGMA and Christopher Gendron will provide insights on developing efficient processes to record third party allowances, with a focus on reducing the time and effort needed to monitor allowances on patient accounts receivable. Additionally, attendees will leave this session better equipped to perform proper valuations of 3^rd party receivables throughout the year.

Accounting for Deferred Revenue & Temporarily Restricted Funds (and Knowing When to Use Each)

Charles Webb, CPA, CHFP and Courtney McFarland, CPA, MSA will provide attendees with guidance and illustrative examples to better distinguish between exchange transactions and contributions, and when to use temporarily restricted net assets vs deferred revenue. We will share best practices for tracking exchange transaction revenue and restricted grants, as well as processes for reporting restricted grant releases.

Effective Use of Dashboards and Key Performance Indicators: Let the Data Tell the Story

Healthcare executives use financial metrics to support planning and decision making, yet many struggle with the data equation: Is the data accessible, meaningful, and available on demand? AAFCPAs Matthew Hutt, CPA, CGMA and Robyn Leet will provide insights for bringing clarity to your data, and tools for deriving meaning out of the information in our systems through dashboarding.
Learn more about the HFMA Inaugural FQHC Conference. >>
Please feel free to spread the word so others may benefit from these helpful professional development sessions.
AAFCPAs understands the complexities of the healthcare industry and offers proven and valuable solutions to help position you for success in a time of unprecedented change and innumerable regulations. Our depth of experience in the CHC industry is unmatched by our peers and allows us to provide proactive guidance on industry best practices, internal control structure and related business issues.
AAFCPAs is a proud member of HFMA, a nationwide professional association organized to improve financial management of healthcare institutions and related patient care organizations.

About the Authors

Courtney McFarland, CPA, MSA, 340B ACE

Courtney is an audit & consulting partner in the firm’s Healthcare Practice with extensive experience advising the nation's healthcare safety net community, including Federally Qualified Heath Centers (FQHCs), clinics, and behavioral health providers. She delivers a full range of solutions solving the challenges that AAFCPAs’ healthcare clients face, including: audits in accordance with Uniform Guidance/Single Audit and Government Auditing Standards, 340B pharmacy program requirements, best practices for reconciliation & analysis of statistical and programmatic data, …

Matthew Hutt, CPA, CGMA

Matt leads AAFCPAs’ Healthcare Division, providing assurance, tax and advisory solutions for sophisticated and complex healthcare organizations including Federally Qualified Health Centers, behavioral health providers, home care agencies and hospices, nursing homes, and senior care living centers. Matt advises healthcare providers on consolidation and coordination of care, including the integration of behavioral health into the primary care delivery system. He also provides consulting solutions for providers transitioning to new value-based reimbursement models, and data driven …

Robyn Leet

Robyn brings over 20 years of continuous business process improvement and internal controls experience to AAFCPAs’ diverse clients. From her beginnings as an auditor in public accounting, she learned the fundamentals of business requirements and frameworks. This knowledge was applied to further her impact in her roles as Controller in private, closely-held businesses. These opportunities have bolstered her broad exposure to businesses in multiple stages of growth and with varying levels of needs to validate …

Related Insights

Grants for Mental Health Centers, Applications Due July 19

AAFCPAs would like to make clients aware that the Commonwealth of Massachusetts’ Executive Office of Health and Human Services (EOHHS) announced the establishment of time-limited supplemental payments to eligible providers enrolled with MassHealth as mental health centers (MHCs). With a July 19th deadline to apply, AAFCPAs advises that clients not delay. Grant Eligibility Eligibility for […]

$240M Funding Available to Expand Behavioral Health

AAFCPAs would like to make Federally Qualified Health Center (FQHC) clients aware that the Health Resources and Services Administration (HRSA) has earmarked $240 million to help its health centers meet rising demand for mental health and substance use disorder services. Applicants must be Health Center Program award recipients with an active H80 grant award. A […]

Nonprofit Challenges in Navigating Tax Issues

Nonprofit organizations are often thought to be tax exempt. But this is a misnomer, as there are many situations where a nonprofit may have to either pay or collect and remit tax. Private foundations, also under the umbrella of 501(c)(3) nonprofit organizations, are subject to a 1.39 percent net investment tax on their investment income […]