Client Alerts

20 08, 2019

FASB Issues Proposal to Delay Effective Dates to Provide Relief for Certain Entities

2019-08-20T22:34:13+00:00August 20th, 2019|Client Alert|

FASB Issues Proposal to Delay Effective Dates to Provide Relief for Certain Entities The Financial Accounting Standards Board (FASB) has issued a proposed Accounting Standards Update that would grant private companies and certain not-for-profit organizations additional time to implement FASB standards on leases, current expected credit losses, and hedging.  Public comment ends September 16, 2019. In [...]

15 08, 2019

Entity-owned Retail Pharmacies and the 340B Program

2019-08-15T05:50:38+00:00August 15th, 2019|Client Alert|

Many 340B covered entities utilize entity-owned retail pharmacies to assist patients in accessing affordable medications. While there are many considerations to be considered in the operation of a retail pharmacy, one thing is very clear: If the pharmacy is owned by a 340B covered entity (CE), the pharmacy must adhere to the same 340B Program rules [...]

12 08, 2019

Low Volume Hospital Adjustments for FFY 2020

2019-08-20T14:33:39+00:00August 12th, 2019|Client Alert|

Low Volume Hospital Payment Adjustments for FFY 2020 The Bipartisan Budget Act of 2018 modified the qualifying criteria for the low volume hospital payment adjustment for fiscal years 2019 through 2022.  Under the modified criteria, the payment increases are applicable for hospitals that have less than 3,800 total discharges and are located more than 15 [...]

24 06, 2019

Not-for-Profit Goodwill and Intangible Amortization

2019-08-20T14:50:18+00:00June 24th, 2019|Client Alert, Uncategorized|

Not-for-Profit Goodwill and Intangible Amortization The Financial Accounting Standards Board (FASB) recently issued new accounting guidance which allows all not-for-profit (NFP) entities to elect a simplified goodwill and intangibles accounting alternative.  Under the new guidance (ASU 2019-06), an NFP would: Amortize goodwill on a straight-line basis over 10 years, or less than 10 years, if [...]

12 06, 2019

SFY 2019 Nursing Home UPL Payments

2019-06-12T15:27:31+00:00June 12th, 2019|Client Alert|

In a memorandum dated June 3, 2019, from John Upchurch, the Georgia Department of Community Health (DCH) communicated the process of the State Fiscal Year 2019 Nursing Home Upper Payment Limit (UPL) payments. The transfer amounts and gross nursing home UPL funds are available on the DCH website: https://dch.georgia.gov/nursing-home-supplemental-reimbursement. The timetable for these payments is [...]

11 04, 2019

Revisions for FY 2017 Potentially Aberrant Worksheet S-10

2019-04-11T16:20:00+00:00April 11th, 2019|Client Alert|

Recently, Medicare Administrative Contractors (MACs) notified certain hospitals of potentially aberrant data on their Worksheet S-10 for cost reporting periods beginning in federal fiscal year 2017 (i.e., October 1, 2016, through September 30, 2017).  The letter requests providers review their reported data, specifically Line 20, Column 2 - Charity Care Charges for Insured Patients.  It [...]

3 12, 2018

SFY 2019 Indigent Care Trust Fund Interim Payments

2018-12-03T20:47:48+00:00December 3rd, 2018|Client Alert|

The Georgia Department of Community Health (DCH) has communicated to providers in a memorandum dated November 30, 2018 that DCH is preparing to make interim payments for the State Fiscal Year 2019 Disproportionate Share Hospital program.  Interim payments will not be provided to private hospitals due to the unavailability of state matching funds. The [...]

25 09, 2018

Medicare Uncompensated Care Data – Worksheet S-10 Audits

2018-10-02T16:17:28+00:00September 25th, 2018|Client Alert|

CMS has instructed Medicare Administrative Contractors (MACs) to audit provider cost report data reported on Worksheet S-10.  The focus of the audits is on charity and bad debt adjustments reported that are now being utilized to distribute Medicare Uncompensated Care payments.  The MACs are reviewing policies that govern which patient accounts receive these adjustments [...]

20 09, 2018

Georgia Medicaid Disproportionate Share Hospital (DSH) Surveys for 2019 Payment Data

2018-09-20T12:18:20+00:00September 20th, 2018|Client Alert|

In a memorandum dated September 11, 2018, from John Upchurch, the Georgia Department of Community Health (DCH) communicated survey instructions for completing the FY 2019 Disproportionate Share Hospital (DSH) Data Survey.  These instructions can be accessed at the following link: https://dch.georgia.gov/indigent-care-trust-fund. Myers and Stauffer will send the survey to each hospital via their web [...]