Robert Constantino
Senior Living Facilities Face New Financial Challenges in 2025
Senior living facilities are under pressure, managing rising costs while striving to deliver consistent care to a population that is living longer and often requires more complex support. Staffing remains a central concern: wages are up, agency fees remain high, and the workforce is still recovering from post-pandemic attrition. At the same time, more individuals […]
Federal Shifts Signal Challenges and Support for Health Centers
As the federal fiscal year draws to a close, Community Health Centers once again find themselves in the policy spotlight. With core funding set to expire in September and new oversight proposals taking shape, health center leaders are managing a landscape defined by both renewed backing and regulatory headwinds. Lawmakers on both sides of the […]
CECL Standard To Impact Healthcare Entities
Transactions falling into the scope of CECL include amounts due from Medicaid and Medicare, as well as loan receivables, held-to-maturity debt securities, and loan commitments. AAFCPAs would like to make clients aware that the Financial Accounting Standards Board (FASB) has pronounced a shift in credit loss accounting within ASC 326, which is commonly referred to […]
HRSA Announces Changes to Uniform Data System Reporting
AAFCPAs would like to make Federally Qualified Health Center clients aware of recent updates made by the Health Resources Services Administration (HRSA) to the 2023 Uniform Data System (UDS) report, due February 15, 2024. Updates to UDS Reporting HRSA announced changes to how data on Table 6A are now defined including updates to applicable ICD-10-CM […]
Watch Now: Time & Effort Requirements
Matthew Hutt, CPA, CGMA and Robert Constantino, CPA, MSA provide an overview for FQHCs of the federal and state requirements of time and effort. Speakers covered: Federal and state requirements for time and effort Best practices for tracking and reporting of time and effort Implementation tips for tracking time and effort WATCH THIS WEBINAR ONDEMAND DETAILS […]
Uniform Data System COVID Reporting
Many health centers have increased virtual visit capabilities during the COVID-19 pandemic. AAFCPAs would like to make Federally Qualified Health Center (FQHC) clients aware that the Health Resources and Services Administration’s Bureau of Primary Health Care (BPHC) recently provided updated guidance on the Uniform Data System (UDS) reporting framework in response to the COVID-19 pandemic. […]