Print Friendly, PDF & Email


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

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

Insights for Community Partners Implementing Data Driven Patient Care: Educational Workshop

AAFCPAs’ Healthcare Practice to Present Educational Workshop at Providers’ Council’s Annual Conference AAFCPAs’ Partner Matt Hutt, CPA, CGMA, and AAFCPAs’ Healthcare Consulting & Reimbursement Strategist Chris Gendron will happily present a timely, educational workshop at the Providers’ Council’s 43rd Annual Convention & Expo in Boston, MA on September 20th on achieving success in data-driven population health strategies. As Community Partners (CPs) attempt to meet goals of integrating and improving member health outcomes, payers are expecting proven... 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

The Impact of Revenue Recognition on Healthcare

Revenue Recognition: ASU 2014-09, Revenue from Contracts with Customers (Topic 606), is effective for public business entities, and certain not-for-profit entities that have publicly traded conduit (or direct) debt, with annual reporting periods beginning after December 15, 2017. All other entities are required to adopt this by annual reporting periods beginning after December 15, 2018. Entities may now early adopt. This new standard may result in significant changes to the... continue reading

AAFCPAs to Lead Three Educational Sessions at HFMA Conference Sharing Our Expertise with CHCs

AAFCPAs has been asked to share the firm’s expertise by presenting educational workshops on three important topics at the Healthcare Financial Management Association’s (HFMA) Inaugural Federally Qualified Health Center (FQHC) Conference on May 3rd, 2018 in Manchester, New Hampshire. AAFCPAs is an ideal fit to contribute our knowledge base at this must-attend conference for finance professionals serving Community Health Centers (CHC) throughout New England. This Conference includes three tracks: Finance,... continue reading

AAFCPAs’ Charlie Webb Earns Certified Healthcare Financial Professional (CHFP) Credential

AAFCPAs’ Charlie Webb Earns Certified Healthcare Financial Professional (CHFP) Credential

AAFCPAs is pleased to announce that Partner Charlie Webb, CPA, CHFP, has been awarded the CHFP Certification by the Healthcare Financial Management Association (HFMA). Charlie was awarded the CHFP credential in recognition of having earned a deep understanding of the new financial realities of health care, and his passing of HFMA’s rigorous Operational Excellence exam. The healthcare reform environment has caused the industry’s key stakeholders to fundamentally rethink existing business models.  Care... continue reading

Best Practices for Maintaining Your Charge Description Master to Maximize Revenue

AAFCPAs reminds healthcare clients of the critical impact an accurate and up-to-date Charge Description Master (CDM) can have on the organization’s revenue cycle success. The CDM is the central mechanism of the revenue cycle, and the accuracy of the data elements serves as a link between service delivery, billing, and optimal reimbursement. Missing charges, over charges, and coding errors can adversely impact your revenue and create significant compliance issues, including... continue reading

AAFCPAs Healthcare Consulting Practice Adds Reimbursement Strategist Chris Gendron

AAFCPAs Healthcare Consulting Practice Adds Reimbursement Strategist Chris Gendron

In response to unprecedented demand from our healthcare clients, AAFCPAs expands its consulting expertise by welcoming the addition of Christopher Gendron, Healthcare Consulting & Reimbursement Strategist. Chris is a highly-skilled reimbursement and healthcare IT systems professional, with proven expertise in the complexities surrounding revenue cycle processes, and systems’ capabilities to support process design changes. He is a business process improvement architect & strategist with extensive experience managing systems selections, implementations,... continue reading

New Care Management Services Billing Guidelines for Behavioral Health Providers

AAFCPAs would like to make behavioral health provider clients aware that, effective January 1, 2018, there are new billing guidelines for care management services. Billing changes for care management affect the following services: Cognitive-assessment services Psychiatric collaborative care model (CoCM) General behavioral health integration (BHI) Note: These changes do NOT affect Federal Qualified Health Centers (FQHCs) or Rural Health Centers (RHCs). Effective January 1, 2018, there are five new evaluation... continue reading