Boston, MA (September 27, 2023) — AAFCPAs, a preeminent 300+ employee CPA and consulting firm specializing in tax, assurance, accounting, wealth management, business process and IT advisory solutions, is pleased to announce the promotions of new directors, managers, and rising professionals. Promotions recognize the exceptional accomplishments and achievements of each along with a steadfast dedication […]
AAFCPAs would like to make FQHC clients aware, as part of the Massachusetts Economic Growth and Relief Act of 2022, $20,000,000 was allocated to the Health Safety Net (HSN) Trust Fund for community health centers or hospital-licensed health centers (health centers) participating in the MassHealth program. Payments were to be made to the health centers […]
AAFCPAs would like to make clients aware, effective January 1, 2022, Massachusetts Medicaid (MassHealth) launched an alternative payment methodology (APM) for Community Health Centers who are licensed as a freestanding clinic and not financially or physically an integral part of a hospital. Under the APM, there is a quarterly wrap reconciliation completed by MassHealth which […]
AAFCPAs’ Healthcare Practice leaders Courtney McFarland, CPA, 340B ACE and Pauline Legor, CPA, in collaboration with the Massachusetts League of Community Health Centers (The League), presented this educational 340B Drug Pricing Program Compliance webinar, recorded live on July 27, 2022. This educational webinar highlights hot topics surrounding management and compliance of 340B in-house and contract pharmacies, including: How […]
AAFCPAs Promotes Four to Manager to Support Firm Growth
It is with great pleasure that AAFCPAs recognizes the skill, effort, and character of four exceptional team members who have recently been promoted to Manager. Through their commitment and tireless enthusiasm to deliver excellence in service to our growing client base, each of the following individuals has earned this distinguished recognition and promotion to his […]
CMS Announces Extension for Specific 2019 Fiscal Year End Cost Reports
AAFCPAs would like to make healthcare clients aware that, due to recent events surrounding COVID-19, the Centers for Medicare and Medicaid Services (CMS) has granted an automatic extension for Medicare Cost Report filing for all providers with specific 2019 fiscal year ends. The following is a summary of the fiscal year ends and their extended […]
Health Center Cost Reports Extended by CHIA and CMS
AAFCPAs would like to make Community Health Center (CHC) clients aware that due to recent events surrounding COVID-19, the Centers for Medicare and Medicaid Services (CMS) and the Center for Health Information and Analysis (CHIA) have both announced deadline extensions for 2019 cost reports. CMS Announces Extension for Specific 2019 Fiscal Year End Cost Reports […]
CHIA Announces Cost Report Due Date for 2019 as May 4, 2020, Regardless of Fiscal Year End
AAFCPAs would like to make our Massachusetts-based Community Health Center (CHC) 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 2019. All CHCs, regardless of Fiscal Year End date, are required to file their fiscal year 2019 cost […]
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