For many small businesses and startup companies, having a full accounting department is a luxury that they simply cannot afford. Draffin Tucker has a dedicated team of bookkeepers, accountants, and CPAs with years of experience in working with companies of various sizes to ensure that your company's records are complete and accurate. We serve as [...]
The current productivity standards require 4,200 visits per full-time equivalent physician and 2,100 visits per full-time equivalent non-physician practitioner. If actual visits are less than the productivity standards, the average cost per visit will be computed based on the productivity standards rather than actual visits, resulting in the cost per visit to be lower than [...]
Medicare Uncompensated Care Data – Worksheet S-10 Audits CMS has instructed Medicare Administrative Contractors (MACs) to audit cost report data included on Worksheet S-10 for cost reporting periods beginning October 1, 2017, through September 30, 2018. The focus of the audits is on charity and bad debt adjustments that are now being utilized to distribute [...]
The proposed Medicaid Fiscal Accountability Regulations (MFAR) could result in severe Medicaid cuts to both hospitals and other providers in states that heavily rely on IGTs and provider taxes to finance the state share of Medicaid payments. CMS is accepting comments on this proposed regulation. The Georgia Hospital Association (GHA) has developed a Georgia-specific template [...]
The “Parking Tax” imposed under I.R.C. Section 512(a)(7) upon enactment of the 2017 Tax Cuts and Jobs Act has now been retroactively repealed under the Taxpayer Certainty and Disaster Tax Relief Act signed into law on December 20, 2019. The 2019 Act repeals the highly contested unrelated business income tax on tax-exempt organization disallowed fringes [...]
The Georgia Department of Community Health (DCH) has communicated to providers in a memorandum dated November 21, 2019 that DCH is preparing to make interim payments for the State Fiscal Year 2020 Disproportionate Share Hospital program. Interim payments will not be provided to private hospitals due to the unavailability of state matching funds. The following [...]
Partner Jeremy Wilson talks about how they can help provide a mid-year financial wellness check for your business. http://ceonews-video.s3.amazonaws.com/video/video-files/MetroAtlantaCEO-07-30-19-02-Wilson.mp4
Partner, Miles Espy gives details on current tax breaks associated with the acquisition of business vehicles. http://albanyceo.com/video/2019/07/miles-espy-how-maximize-tax-deductions-business-vehicles/ http://ceonews-video.s3.amazonaws.com/video/video-files/AlbanyCEO-06-17-19-01-Espy.mp4
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 [...]
Determining whether an expense qualifies as a deducible business expense is challenging for the new business owner. Below, are summarized guidelines to help determine whether an expense qualifies as being deductible as a business expense. In general, an expense is deductible if: (1) it is related to a trade or business, (2) it is [...]
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Phone: 229-883-7878
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Fax: 229-435-3152
This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.
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