Print Friendly, PDF & Email


AAFCPAs Releases 2019-2020 Tax Planning Guide for Businesses & Individuals

As we approach the second tax filing season under the monumental Tax Cuts & Jobs Act (TCJA), we now have a clearer and broader view of what the future holds for businesses, individuals, tax exempt and government entities. This view includes insight into opportunities and pitfalls to consider for 2019-2020. Download AAFCPAs’ 2019-2020 Tax Planning Guide for Businesses & Individuals >> Provisions of the TCJA included small income tax rate reductions for most... continue reading

AAFCPAs to Lead 340B Compliance Webinar

AAFCPAs to Lead 340B Compliance Webinar

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 Drug Pricing Program Compliance live webinar on October 16 from 2pm – 3:30pm. This educational webinar will provide attendees with an understanding of compliance requirements for running a 340B in-house or contract pharmacy, including: How to successfully prepare for an Office of Pharmacy Affairs (OPA) audit How... continue reading

AAFCPAs Celebrates 2019 National Health Center Week

Next week, August 4-10, 2019, is National Health Center Week, and AAFCPAs invites you to join us again this year in celebrating the great work and significant impact of these consumer-driven and patient-centered organizations! National Health Center Week gives our Health Center clients a chance to bring light to the health needs in our communities and the shared stake in community health. It allows them to show not only what... continue reading

AAFCPAs’ 2019 Medicaid Cost Report Training

AAFCPAs’ 2019 Medicaid Cost Report Training

AAFCPAs’ Matt Hutt, CPA, CGMA and Courtney McFarland, CPA, MSA, in collaboration with the Massachusetts League of Community Health Centers (The League), will again present coveted guidance on the Medicaid Cost Report for Massachusetts community health centers.

CHIA Announces Deadline Extension for Community Health Center FY 2018 Cost Reports

The Center for Health Information and Analysis (CHIA) announced Friday that they are extending the deadline for all Community Health Centers (CHCs) to file their fiscal year 2018 cost report to Monday, July 8, 2019. All Massachusetts CHCs, regardless of Fiscal Year End (FYE) date, are required to file their fiscal year 2018 cost report by July 8, 2019. No additional extensions will be granted beyond the July 8, 2019... continue reading

Guidance for CHCs on Critical, ACO-related Budgeting, Forecasting, and Risk/Settlement Planning

Recently, healthcare providers have seen an increasing prominence of alternative payment methodologies (APMs), primarily in the form of Accountable Care Organizations (ACOs), which include risk sharing and/or incentive payment components. In Massachusetts, community health centers (CHCs) are beginning to have their first exposure to ACOs through the Medicaid 1115 waiver and the recently implemented MassHealth ACOs.  Generally, CHCs have adapted to the MassHealth ACO environment and related care coordination efforts... continue reading

FQHCs: 2019 New Medicare Services and G Code Payment Updates

AAFCPAs would like to make Rural Health Clinic (RHC) and Federally Qualified Health Center (FQHC) clients aware that the Centers for Medicare & Medicaid Services (CMS) has issued important reimbursement updates related to virtual communication services, and Medicare G Code rates for 2019. Virtual Communication Services Effective January 1, 2019, RHCs and FQHCs may now receive payment for virtual communication services when at least 5 minutes of communication technology-based or... continue reading

Year in review: The Top 10 Insights from 2018

Year in review: The Top 10 Insights from 2018

2018 was a big year for finance professionals, with monumental changes in tax code & accounting rules, and other significant challenges & opportunities affecting commercial businesses, nonprofits, and individuals & their families.  Below are AAFCPAs’ most widely-read news alerts & insights in the past year: AAFCPAs’ 2018-2019 Tax Planning Guide for Businesses & Individuals Financial and Estate Planning Opportunities Related to the New Tax Law Whitepaper: Guidance on the New... continue reading