As part of Georgia’s new Rural Hospital Tax Credit Program, Draffin & Tucker, LLP is pleased to announce they will be contributing $124,000 through this program to all eligible rural hospitals in the state. This contribution will be equally divided between all 49 eligible hospitals. “Draffin & Tucker, LLP is proud to serve rural [...]
Draffin & Tucker's Matt Atkins, CPA, CIA, authored the article, "Auditing the Hospital 340B Drug Program," for the May 2017 Compliance Today. In his article, Matt states, "There are more than 3,500 hospitals currently participating in the 340B Drug Pricing Program. Along with the financial benefits of the program, there are numerous compliance risks. For this reason, [...]
Draffin & Tucker submitted comments to the DOR regarding the Qualified Rural Hospital Organization Expense Tax Credit and Proposed Rule 560-7-.57. While Draffin & Tucker finds much of the proposed rule to be appropriate, we also believe there are areas which could be modified to streamline the process and relieve some of the administrative burden of the [...]
Draffin & Tucker’s Jeremy Wilson authored the article “Georgia Senate Bill 258: The General Assembly’s Attempt to Sustain Georgia’s Tax-Exempt, Rural Hospitals with a State Income Tax Credit,” that appeared in the Georgia Society of Certified Public Accountants September/October 2016 issue of Current Accounts. In the article, Jeremy talks about the concerns Georgia’s rural [...]
340B Compliance Assistant Welcome to the monthly 340B Compliance Assistant. The focus of this newsletter is to provide 340B Program education to Pharmacy staff. Covered entities must comply with Program guidance and provide ongoing training to staff. Our goal is to assist in providing this education through this newsletter.
Draffin & Tucker was engaged by the National Association of Community Health Centers to develop its 150-page 340B Guidance Manual. The manual was published in March 2016 and can be purchased from NACHC at www.nachc.org. In addition to assisting with the publication, Cindy DuPree also presented a four-part webinar series for the Association in [...]
Hospital Inpatient Prospective Payment System (IPPS) and Long Term Acute Care Hospital (LTCH) Proposed Rule Issues for Fiscal Year (FY) 2017* Date: 2016-04-18 Title: Hospital Inpatient Prospective Payment System (IPPS) and Long Term Acute Care Hospital (LTCH) Proposed Rule Issues for Fiscal Year (FY) 2017 Contact: press@cms.hhs.gov *Content by the Centers for Medicare & Medcaid Services. On [...]
The Department of Labor (DOL) emailed a notice regarding auditor selection on November 16, 2015, to all plan administrators required to submit an annual audit of their employee benefit plan(s) with the Form 5500 filing. The email, A Message from the U.S. Department of Labor – The Importance of a Quality Benefit Plan Audit sent [...]
On Dec. 7, 2015, Draffin & Tucker partner, Jim Creamer, CPA, spoke to the Georgia Association of Healthcare Executives at their annual mini-cluster CPE conference in Macon, Ga. At the conference, Jim participated in a panel discussion on “Sustaining a Financially Vibrant Healthcare Organization.” Jim and the panel discussed issues such as workforce shortages and [...]
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