Matthew Hutt, CPA, CGMA

Partner

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 patient care, including: developing business process and controls for collecting and advantaging data to provide analysis on: provider activity, delivery of care, and analysis of efficiency & cost effectiveness. He has expertise with federal, state, and other regulatory compliance requirements, including Uniform Guidance/Single Audit requirements and other related federal funds.

Matt leads AAFCPAs Accounting and Assurance Committee, which is responsible for establishing the firms’ policies and procedure. This committee also reviews and comments on exposure drafts and implements new standards within the firm.

Matt is a member of AAFCPAs’ Lease Accounting Task Force, providing consulting solutions to clients for the efficient and effective implementation of the new lease standard, including assessing the impact of the new standards, and guidance throughout the transition process. He conducts numerous financial management and regulatory compliance training sessions for clients and membership associations, including: the Massachusetts League of Community Health Centers, the Rhode Island Health Center Association, and the Massachusetts-Rhode Island Chapter of HFMA.

Education

Northeastern University – Bachelor of Science, Business Administration with concentrations in Accounting and Management

Service

Healthcare Financial Management Association – Revenue Cycle Committee
Employment Options – Board of Directors and Treasurer
Northeastern University Alumni Mentoring Program
Strength Matters® Affordable Housing Financial Professionals Group

Publications

Contributed Insights

Navigating New York Medicaid Reimbursement: A Strategic Approach for FQHCs

Like many Federally Qualified Health Centers (FQHCs) across the country, New York’s centers are grappling with increasingly constrained budgets and rising staffing costs, making Medicaid reimbursements more critical than ever to sustaining their services. New York’s Medicaid system offers a key opportunity, providing FQHCs with the ability to apply for supplemental payments that cover costs […]

FQHCs Boost Revenue Through MassHealth Change in Scope of Services

AAFCPAs would like to make Federally Qualified Health Center (FQHC) clients in Massachusetts aware that MassHealth change in scope guidelines provide an adjustment process for certain changes in scope and an associated boost in revenue through an increased Prospective Payment System (PPS) rate. The U.S. Department of Health and Human Services (HHS) defines a change […]

Seminar Recap: Accounting Standards Updates for Nonprofits

During AAFCPAs’ recent Nonprofit Seminar (recorded live, April 2024), Matthew Hutt, CPA, CGMA, Amy Staunton, CPA, and Jennifer A. L’Heureux, CPA briefed approximately 400 attendees on the latest applicable accounting standards updates (ASUs) and how they affect nonprofit organizations. What we covered: The full session was recorded and may be viewed as a webcast at […]