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 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 3rd 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. >>
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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.