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Tuesday, September 12, 2017

Timothy Stitt Earns CPA License!

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Timothy Stitt, Healthcare Consultant, has earned his Certified Public Accountant (CPA) license. Stitt joined the Firm in October, 2016. He received his B.S. and Master of Science in Accounting from Syracuse University. Tim is a member of the Firm’s Healthcare Consulting Department.

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Thursday, September 7, 2017

MACRA’s October 2, 2017 Deadline is Approaching. Are You Ready?

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MACRA’s October 2, 2017 Deadline is Approaching.  Are You Ready? Clinicians who qualify for the Medicare Merit-Based Incentive Payment Program (MIPS) are provided the following options for submitting data in 2017 under “Pick Your Pace” and avoid the 4% reduction in Part B payments for 2019: Option #1-Submit test data and avoid the 4% reduction […]

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Wednesday, August 23, 2017

Welcome New Hire: Nora J. Lee-Deming

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Fust Charles Chambers LLP has hired the following individual as a Manager in the Firm’s Healthcare Consulting Department. Nora J. Lee-Deming joins the Firm after holding several reimbursement and accounting positions in various healthcare organizations in New York, Pennsylvania and New Jersey. She received her B.S. in Business Administration and Finance from Walden University and resides […]

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Tuesday, August 22, 2017

Not-for-Profit Newsletter – Summer 2017

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THREE CRITICAL PRIVACY ISSUES EVERY NONPROFIT ENTITY SHOULD CONSIDER BOARD GOVERNANCE: A BOARD MEMBER’S PERSPECTIVE IRS FOCUSED ON CHARITABLE DONATION SUBSTANTIATION COMPLIANCE ALIGNING YOUR PEOPLE STRATEGY WITH YOUR ORGANIZATION: STRATEGY = RESULTS WHAT THE WHITE HOUSE TAX PLAN MEANS FOR CHARITABLE GIVING MEET SASB: WHY SUSTAINABILITY METRICS ARE SMART FOR NONPROFITS and more… View Publication

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Tuesday, August 22, 2017

Healthcare Newsletter – Summer 2017

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THE NEW MEASUREMENT OF VALUE IN MEDICINE: UNDERSTANDING OUTCOMES & COMPETITION IN A CHANGING INDUSTRY THE EVOLVING CYBER THREAT & HOW HEALTHCARE CAN MITIGATE IT BLOCKCHAIN COULD BE THE ANSWER TO HEALTHCARE’S INTEROPERABILITY PROBLEM and more… View Publication

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Tuesday, August 22, 2017

Deadline for 2019 Medicare Wage Index Reclassification Is Fast Approaching

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Deadline for 2019 Medicare Wage Index Reclassification Is Fast Approaching The deadline for filing a Medicare Wage Index Reclassification Application with the Geographic Classification Review Board (MGCRB) is September 1, 2017. A hospital may seek geographic reclassification from a rural area to an urban area, from a rural area to another rural area, or from […]

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Monday, August 21, 2017

340B Recertification Process to be Delayed

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340B Recertification Process to be Delayed As part of the transition to the new 340B Office of Pharmacy Affairs Information System (340B OPAIS), the current 340B database will be offline and unavailable as of August 15, 2017. The transition will involve the archiving of information in the current 340B database in preparation for the release […]

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Tuesday, August 15, 2017

Critical Access Hospitals: Optional Payment Method

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Optional Payment Method Under Section 1834(g)(2) of the Social Security Act, a Critical Access Hospital (CAH) may elect the Optional Payment Method, better known as Method II Billing, for the payment of both facility services and professional services furnished to its outpatients by a physician or practitioner who has reassigned their billing rights to the […]

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Monday, August 14, 2017

FCC Participates in United Way’s Pump it Forward Friday!

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Pump It Forward Friday is a fundraiser, run by the Young Leaders United affinity group of the United Way of Central New York, where volunteers pump customers’ gas and clean their windshields for tips. All proceeds go to the United Way Community Program Fund. 

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Tuesday, August 8, 2017

Significant Changes Proposed to EBP Audit Reporting

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In an effort to improve communication value, audit quality and relevance of the auditor’s report, the AICPA Auditing Standards Board (ASB) has issued an exposure draft proposed Statement on Auditing Standards (SAS), Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA.  The exposure draft will significantly affect and alter […]

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