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CARES Act Healthcare Provider Relief Fund

AAFCPAs would like to make healthcare providers aware that as part of the Coronavirus Aid, Relief and Economic Stimulus (CARES) Act legislation, $100 billion in Provider Relief Funds was pledged to hospitals and other healthcare providers. These funds are designed to reimburse healthcare-related expenses and lost revenue related to COVID-19, and to guarantee uninsured Americans […]

Health Centers Awarded $1.3 Billion Through CARES Act

AAFCPAs would like to make community health center clients aware that on April 8, 2020, the Health Resources and Services Administration (HRSA) awarded $1.3 billion to the nation’s community health centers under the Health Center Coronavirus Aid, Relief, and Economic Security (CARES) Act Funding.  The distribution of funding was determined based on a $503,000 base, […]

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 […]

Cancelled Fundraising Events, Written Notice Requirements

On March 10, 2020 MA Governor Charlie Baker declared a state of emergency for the Commonwealth of Massachusetts in response to the spread of the Coronavirus. The Governor’s administration offered guidance to the public to limit or eliminate attendance at large gatherings. As a result, several of AAFCPAs’ nonprofit clients have made the difficult decision […]

Value-Based and Alternative Payment Methodologies Require a New Approach to Data Analysis, Reporting

Value-Based and Alternative Payment Methodologies Require a New Approach to Data Analysis, Reporting

Since the inception of electronic medical records and practice management systems, healthcare facility finance teams have had an overwhelming amount of data at their disposal that has gone largely underutilized. With the emergence of Accountable Care Organizations (ACOs) and other alternative payment methodologies (APMs), providers have been asked to become more patient-focused, implementing care management […]

AAFCPAs’ 340B Compliance Webinar OnDemand

AAFCPAs’ 340B Compliance Webinar OnDemand

This educational webinar provided 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 to ensure 340B Program integrity and maintain accurate records documenting compliance with all 340B Program requirements Major risks of the 340B Program […]

Viewpoint: Nonprofits should stay vocal about transportation 'tax'

Viewpoint: Nonprofits should stay vocal about transportation 'tax'

Boston Business Journal | “Organizations are tax-exempt for a reason: to optimize their abilities to benefit society,” says Carla McCall, CPA, CGMA, AAFCPAs’ Co-Managing Partner. In this op-ed, Carla urges nonprofits to participate in the survey to show Congress how detrimental the original provision in the TCJA was to their mission.

AAFCPAs’ 340B Basics: Program Compliance Webinar OnDemand

AAFCPAs’ 340B Basics: Program Compliance Webinar OnDemand

AAFCPAs’ Matt Hutt, CPA, CGMA and Courtney McFarland, CPA, MSA, in collaboration with the Massachusetts League of Community Health Centers (The League), will present coveted guidance on 340B Basics and Program Compliance for Massachusetts community health centers in this live webinar.

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.