AAFCPAs to Present Cost Report Training for MassLeague Members on 10/2

AAFCPAs Partner Matt Hutt, CPA, CGMA, and AAFCPAs Manager Courtney McFarland, CPA, in collaboration with the Massachusetts League of Community Health Centers, will present a Medicare and Medicaid Cost Report Training on October 2, 2015 from 9:00 am to 4:00 pm at the DoubleTree, Westborough, MA.
Matt and Courtney will provide guidance and best practices in implementing significant changes ​made ​to Federally Qualified Health Center (FQHC) ​Medicare ​and Medicaid Cost ​Reports.  FQHCs with fiscal year ends beginning after July 1, 2014 must pay particular attention to cost report changes affecting: revenue statistics, determination of full-time equivalent employees (FTE), expenses and visits, settlement amounts, and the calculation of allowable costs​. ​ ​  Matt and Courtney will clarify these changes, and also present cost report best practices for year ends beginning before July 1, 2014.  In addition, we will provide guidance for FQHCs on regulations coming from the Federal Office of Management and Budget (OMB) Uniform Guidance.

AAFCPAs’ live workshop will provide an overview of:

  • Medicare FQHC Cost Report for 2015
  • State Medicaid Cost Report for 2015
  • Changes to the Medicare FQHC Cost Report for 2016
  • Uniform Guidance cost allocation directives
  • Changes to HSN reimbursement and methodology for dates of service after 10/1

This event is presented exclusively for MassLeague members. Additionally, AAFCPAs’ Rhode Island clients are invited to attend.

About the Authors

Courtney McFarland
Courtney is an audit partner in the firm’s Healthcare Practice with over 15 years of assurance experience and a comprehensive understanding of the nuances of the healthcare industry. 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, tracking and monitoring risk-based contracts, maximizing reimbursements, and guidance on healthcare reform. Courtney is a member of AAFCPAs’ Revenue Recognition Task Force, dedicated to helping the firm and clients understand best practices for an efficient and effective implementation of the robust new framework.
Matthew Hutt CPA
Matt leads AAFCPAs’ Healthcare Division, providing assurance, tax and advisory solutions for Federally Qualified Health Centers (FQHCs), 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. Matt is also highly-sought after for his knowledge on issues related to affordable housing developers with requirements related to the US Department of Housing and Urban Development, MassHousing, Low Income Housing Tax Credits, Historical Tax Credits and New Markets Tax Credits. 

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