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Educational Podcast: Unraveling the Mysteries of Employee Benefit Plan Costs

Clients often ask “How much does my employee benefit plan cost, and how do costs relate to compliance and risks?” Plan costs are often buried and difficult for plan sponsors to truly figure out. In order to meet their fiduciary responsibilities, plan sponsors must ensure they “pay only reasonable plan expenses…” among other things. Plan sponsors take on substantial personal risks. As a decision-maker, you are a fiduciary, personally liable... continue reading

AAFCPAs Celebrates National Health Center Week

AAFCPAs Celebrates National Health Center Week

This week, August 12-18, 2018, is National Health Center Week, and AAFCPAs invites you to join us in celebrating the great work and significant impact of these consumer-driven and patient-centered organizations! Did You Know Health Centers… Serve as the health care home for more than 27 million patients in over 10,000 communities across the country; Reduce health care costs and produce savings – on average, health centers save 24% per Medicaid patient when compared to other... continue reading

Educational Podcast: The Tax Cuts and Jobs Act, and What Nonprofits Need to Know

Educational Podcast: The Tax Cuts and Jobs Act, and What Nonprofits Need to Know

The Tax Cuts and Jobs Act, known officially as H.R. 1, (The Act) represents a dramatic overhaul of the U.S. tax code, and includes widespread changes to the tax rules affecting charitable nonprofits. AAFCPAs’ Joshua England, JD, LLM, Trust, Estate, Tax and Nonprofit Attorney provides an overview of how The Act impacts nonprofits, including guidance on operational changes nonprofits may need to make right away. Josh also provides insight on how... continue reading

Educational Podcast: Nonprofit Executive Panel

Educational Podcast: Nonprofit Executive Panel

In this panel session, we took advantage of this unique opportunity to leverage the collective expertise and experiences of peers to curate new ideas to help nonprofit clients improve their approach to sustainability. AAFCPAs Co-Managing Partner Carla McCall, CPA, CGMA moderated this interactive panel of nonprofit executives, who shared their real-life stories of adaptability in pursuit of long-term financial and programmatic sustainability. From mergers and collaborations, to creative revenue streams and unique... continue reading

Educational Podcast: Accounting Standards Update

Educational Podcast: Accounting Standards Update

In this educational podcast, AAFCPAs Nonprofit Assurance Practice leaders Matt Hutt, CPA, CGMA and Amanda Pelcher, CPA provide specific implementation guidance for major new standards, including: the Nonprofit Financial Statement Framework, Revenue Recognition, and Lease Accounting. Matt and Amanda provide operational insights and best practice recommendations on these complex technical accounting areas, allowing clients to confidently apply the standards with greater efficiency and ease. Watch this video clip(1 min 43 sec) for a summary;... continue reading

Merger talks with Partners go on after Harvard Pilgrim CEO’s abrupt departure

Merger talks with Partners go on after Harvard Pilgrim CEO’s abrupt departure

Boston Business Journal | CEOs traditionally play important roles in the merger discussions involving other health care systems throughout the state. But experts say whether Schultz’ departure hurts or helps a merger depends on his role in the conversations up to this point. “If the former CEO Eric Schultz was a driving force, this could slow things down significantly or cause Harvard Pilgrim to reconsider or rethink their strategy,” said... continue reading

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 Leads 340B Primer at Mass League CFO Forum

AAFCPAs’ Matt Hutt, CPA, CGMA and Courtney McFarland, CPA, MSA, in collaboration with the Massachusetts League of Community Health Centers (The League), will present an educational 340B Compliance Primer on June 6th, 2018 from 11am – 12:30pm as part of The League’s CFO Forum at the Mass League Training & Learning Center, Worcester, MA. This educational primer will: Provide attendees with an understanding of compliance requirements for running a 340B in-house or contract pharmacy... continue reading

Medicaid Cost Report Webinar OnDemand; 340B Primer June 6th

Medicaid Cost Report Webinar OnDemand AAFCPAs’ Healthcare Practice leaders Matt Hutt, CPA, CGMA, and Courtney McFarland, CPA, MSA, in collaboration with the Massachusetts League of Community Health Centers (The League), presented a timely Medicaid Cost Report Training session for MA community health centers on May 31st 2018. This webinar is now available OnDemand so you may benefit from our knowledge & insights whenever and wherever you may need it. Access the recording and slides here. >>... continue reading

AAFCPAs to Lead Medicaid Cost Report Training Providing Critical Guidance for June Filing

AAFCPAs to Lead Medicaid Cost Report Training Providing Critical Guidance for June Filing

AAFCPAs’ Matt Hutt, CPA, CGMA and Courtney McFarland, CPA, MSA, in collaboration with the Massachusetts League of Community Health Centers (The League), will present this timely Medicaid Cost Report Training sessions for MA community health centers. Matt and Courtney will be joined by AAFCPAs’ client Mel Benson, CFO of Brockton Neighborhood Health Center.  As a reminder, all CHCs, regardless of Fiscal Year End date, are required to file their fiscal year 2017 cost report... continue reading