Community Health Centers
AAFCPAs to Lead Medicaid Cost Report Training Providing Critical Guidance for June Filing
AAFCPAs’ Matt Hutt, CPA, CGMA and Courtney McFarland, CPA, MSA, in collaboration with the Massachusetts League of Community Health Centers (The League), will present this timely Medicaid Cost Report Training sessions for MA community health centers. Matt and Courtney will be joined by AAFCPAs’ client Mel Benson, CFO of Brockton Neighborhood Health Center. As a reminder, all CHCs, regardless […]
The Impact of Revenue Recognition on Healthcare
Revenue Recognition: ASU 2014-09, Revenue from Contracts with Customers (Topic 606), is effective for public business entities, and certain not-for-profit entities that have publicly traded conduit (or direct) debt, with annual reporting periods beginning after December 15, 2017. All other entities are required to adopt this by annual reporting periods beginning after December 15, 2018. […]
2017 Community Health Center Cost Reports Due June 26, Regardless of Fiscal Year End
AAFCPAs would like to make clients aware that the Center for Health Information and Analysis (CHIA) has just announced it is now collecting cost reports for the fiscal year ending in 2017 from all Community Health Centers (CHCs). All CHCs, regardless of Fiscal Year End date, are required to file their fiscal year 2017 cost […]
AAFCPAs to Lead Three Educational Sessions at HFMA Conference Sharing Our Expertise with CHCs
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 3rd, 2018 in Manchester, New Hampshire. AAFCPAs is an ideal fit to contribute our knowledge base at this must-attend conference for finance […]
AAFCPAs’ Charlie Webb Earns Certified Healthcare Financial Professional (CHFP) Credential
AAFCPAs is pleased to announce that Partner Charlie Webb, CPA, CHFP, has been awarded the CHFP Certification by the Healthcare Financial Management Association (HFMA). Charlie was awarded the CHFP credential in recognition of having earned a deep understanding of the new financial realities of health care, and his passing of HFMA’s rigorous Operational Excellence exam. […]
Best Practices for Maintaining Your Charge Description Master to Maximize Revenue
AAFCPAs reminds healthcare clients of the critical impact an accurate and up-to-date Charge Description Master (CDM) can have on the organization’s revenue cycle success. The CDM is the central mechanism of the revenue cycle, and the accuracy of the data elements serves as a link between service delivery, billing, and optimal reimbursement. Missing charges, over […]
AAFCPAs Healthcare Consulting Practice Adds Reimbursement Strategist Chris Gendron
In response to unprecedented demand from our healthcare clients, AAFCPAs expands its consulting expertise by welcoming the addition of Christopher Gendron, Healthcare Consulting & Reimbursement Strategist. Chris is a highly-skilled reimbursement and healthcare IT systems professional, with proven expertise in the complexities surrounding revenue cycle processes, and systems’ capabilities to support process design changes. He […]
New Care Management Services Billing Guidelines for Health Centers
AAFCPAs would like to make Federal Qualified Health Center (FQHC) clients aware that effective January 1, 2018, there are new billing guidelines for care management services. Care management services include the following four services: Transitional Care Management (TCM) Chronic Care Management (CCM) General Behavioral Health Integration (BHI) Psychiatric Collaborative Care Model (CoCM) FQHCs may be […]
Ensuring Sustainability Means Nonprofits Need to Act Now
MassNonprofit News | Although nonprofits cannot control market forces and potential changes in funding, they can take steps to ensure sustainability and greater capacity by broadening the scope of their financial planning process. AAFCPAs Jeffrey Cicolini, CPA, CGMA provides actionable insights to help nonprofits ensure long-term sustainability.