Courtney McFarland, CPA, MSA, 340B Apexus Certified Expert™

Partner

Courtney is an audit & consulting partner in the firm’s Healthcare Practice with extensive experience advising the nation’s healthcare safety net community, including Federally Qualified Heath Centers (FQHCs), clinics, and behavioral health providers. She delivers a full range of solutions solving the challenges that AAFCPAs’ healthcare clients face, including: audits in accordance with Uniform Guidance/Single Audit and Government Auditing Standards, 340B pharmacy program requirements, best practices for reconciliation & analysis of statistical and programmatic data, tracking and monitoring risk-based contracts, maximizing reimbursements, and guidance on healthcare reform. Courtney is a member of AAFCPAs’ Covid-19 Response Task Force, and since March 2020, she has committed to helping clients understand and optimize government aid, relief, and economic stimulus initiatives.

Courtney trains professional staff on topics related to assurance, financial management and regulatory compliance for healthcare organizations. She is a regular guest speaker for the Massachusetts League of Community Health Centers, the Rhode Island Health Center Association (RIHCA), the Mass Council of Human Services Providers, and the Healthcare Financial Management Association (HFMA). She co-developed and taught 340B Program management workshops for members of the Massachusetts League and RIHCA. Courtney is recognized as a 340B Apexus Certified Expert™ (ACE) in the 340B Drug Pricing Program. She has extensive expertise evaluating decision points, potential compliance challenges, and audit areas of focus for 340B program participants.

Courtney is a 2023 honoree of the MassCPAs’ Women to Watch Awards in the “Experienced Leader” category. She has been enthusiastically serving AAFCPAs’ clients since 2004.

Education

Bentley University, Master of Science – Accounting
Gordon College, Bachelor of Science – Accounting

Professional and Civic Associations

340B Apexus Certified Expert Community
Healthcare Financial Management Association
American Institute of Certified Public Accountants
Massachusetts Society of Certified Public Accountants

Service

Baypath Humane Society – Treasurer, Board of Directors

Contributed Insights

New UDS+ Reporting Requirements Announced for Health Centers

Health centers have long been required to submit a Uniform Data System (UDS) report to the Health Resources and Services Administration (HRSA) by February 15 each year. However, AAFCPAs would like to ensure FQHC clients are aware HRSA introduced a new requirement, the UDS+ filing due by April 30, 2025, for calendar year 2024 data. […]

IRS Launches Second Employee Retention Credit Voluntary Disclosure Program

AAFCPAs would like to make clients aware that the Internal Revenue Service introduced its second Employee Retention Credit (ERC) Voluntary Disclosure Program, which runs until November 22, 2024. This initiative allows businesses to correct improper ERC payments at a 15 percent discount and avoid future audits, penalties, and interest. Under this program, businesses will need […]

Expert Tip from AAFCPAs – 340B Report Guest Blog

340b Report (August 15, 2024) – Monitoring and maintaining an active patient listing (APL) for all patients whose prescriptions qualify as eligible under the 340B program is imperative. This APL should be updated daily and maintained through the electronic medical record system. The entity’s 340B policy should specify the time period during which a patient […]