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AAFCPAs Healthcare eBook: Strategic Guidance for Healthcare Executives

Running a healthcare operation was complex even before recent activity shook the industry into a near-constant state of flux. Whether considering the shifting relationship between payers and providers, increased cyber-security threats, outcomes-based models, or any of the seemingly countless concerns, the need for organizations to stay one step ahead of change has never been so great. At AAFCPAs, we take that goal to heart. Our work in the healthcare space... continue reading

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 professionals serving Community Health Centers (CHC) throughout New England. This Conference includes three tracks: Finance,... continue reading

AAFCPAs’ Charlie Webb Earns Certified Healthcare Financial Professional (CHFP) Credential

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. The healthcare reform environment has caused the industry’s key stakeholders to fundamentally rethink existing business models.  Care... continue reading

Denials Management: Best Practices in Improving Revenue Cycle Processes & Monitoring Third-Party Payer Denials

The complexities surrounding third-party revenue cycle management, patient eligibility, and systems capabilities to support process design changes continue to increase, as do third-party claim denials across virtually all payers. Denials can affect the bottom line of healthcare organizations, leading to lost revenue and productivity; however, in many cases, denials are preventable. In order to prevent denials, it is critical that healthcare organizations develop & implement an effective denials management process, including:... continue reading

Best Practices for Complying with HIPAA & Safeguarding Patient PHI Accessible to Your Business Associates

Healthcare is predicted to be the most targeted industry for cyberattacks in 2017, according to the 2017 Data Breach Industry Forecast from Experian.   “Electronic health records remain likely to be a top target for hackers,” Experian found. To further heighten & complicate these risks, providers’ responsibilities for protecting personal health information (PHI) under the Health Insurance Portability and Accountability Act (HIPAA) extend to certain vendors, referred to as “business... continue reading

HRSA Operational Site Visits: Considerations, Risks and Common Trouble Spots

Does your Health Center have its Health Resources & Services Administration (HRSA) site visit looming?   If so, or if your Center has been through a recent HRSA Operational Site Visit (OSV), you know what a daunting, stressful and time consuming process this may be.  HRSA is continually refining and clarifying the 330 program compliance requirements as most recently demonstrated through the issuance of the new Draft Health Center Program Compliance... continue reading

AAFCPAs Partner, Charlie Webb to Serve on Board of Directors of Habitat for Humanity

AAFCPAs is excited to announce that Charlie Webb, CPA has been appointed and agrees to serve on the Board of Directors for the Habitat for Humanity-Metro West / Greater Worcester (HFH MWGW).  Charlie will donate his time, talent and expertise to better the strategic goals of the organization, and to help foster affordable housing opportunities for low-income families.  He will provide strategic direction and advice on financial aspects of new... continue reading

CMS Requires Payroll-Based Journal, Electronic Staffing Data Submission for Skilled Nursing Facilities, Effective July 1, 2016

Effective July 1, 2016, skilled nursing facilities (SNFs) will be required to submit staffing, time and attendance information electronically to the Centers for Medicaid and Medicare Services (CMS) via their Payroll-Based Journal (PBJ) system.   These requirements originate from section 6106 of the Patient Protection and Affordable Care Act (PPACA), and the final rule requires facilities to submit direct care staffing information, in a uniform and auditable format, at least quarterly. ... continue reading

AAFCPAs Promotes Five to Partner to Support Firm Growth

AAFCPAs Promotes Five to Partner to Support Firm Growth

Westborough, MA 1/13/2016 – AAFCPAs is excited to announce the promotion of five additional Partners to our team.  Julie Chevalier, Dan Stanhope, Matt Troiano, Charlie Webb, and Matthew Boyle provide best value assurance, tax & advisory solutions, with outstanding client service to AAFCPAs’ growing client list of nonprofit organizations, privately-held commercial companies, and high-net-worth individuals & their families. Julie Chevalier, CPA, Tax Partner Julie is responsible for ensuring that clients... continue reading