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Trending in Healthcare

 
Healthcare.

Marcum LLP's experience within the Healthcare industry covers the full continuum of care with a special focus within the post-acute care geriatric segments of the industry, hospitals, and physician practices.

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September 2016

By Frank Miceli, Partner, Assurance and James Kennedy, Partner, Assurance

On August 18, 2016, the Financial Accounting Standard Board ("FASB") issued Accounting Standards Update (ASU) 2016-14, Presentation of Financial Statements of Not-for-Profit Entities. Not-for-profit entities (NFPs) have been preparing their financial statements...

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By Joshua Banach, Senior Manager, Advisory Services

On August 5, 2016, The Centers for Medicare & Medicaid Services (CMS) released the fiscal year 2017 final payment rule regarding Medicare hospice payment and...

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By Bonny Kohr, Senior Manager, Advisory Services

The Centers for Medicare and Medicaid Services (CMS) learned that on August 10 and 11, 2016 incorrect death terminations for over 3,000 beneficiaries were processed,...

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August 2016

By David Glusman, Partner, Advisory Services

In July, the Centers for Medicare and Medicaid Services (CMS) significantly expanded its payment reform efforts by proposing bundled payment episodes for cardiovascular and orthopedic services.

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By Melissa Korey, Supervisor, Advisory Services

Last spring, the Centers for Medicare and Medicaid Services (CMS) posted the application for an exception to the 3-day inpatient hospital stay requirement for Skilled...

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By David Glusman, Partner, Advisory Services

There are many new things happening with regard to the Health Insurance Portability and Accountability Act of 1966 (HIPAA), not least of which is a...

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July 2016

By Matthew Bavolack, National Healthcare Industry Group Leader

Over the past few years, the pace of change in the healthcare industry has been daunting, making it almost impossible for providers to keep up with all aspects of the transformation.

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By Janet Potter, Senior Manager, Advisory Services

On April 25, 2016, the Centers for Medicare and Medicaid Services (CMS) published in the Federal Register the skilled nursing facility (SNF) prospective payment system (PPS)...

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By Marilyn Mines, Senior Manager, Advisory Services

The Centers for Medicare and Medicaid Services (CMS) is being funded by the Centers for Disease Control and Prevention (CDC) to undertake a 3-year pilot...

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June 2016

Healthcare organizations need to be aware of ongoing and projected employment shortages for physicians and nurses, which have resulted in increasing demand for outsourced services.

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Bonny Kohr, Senior Manager, Advisory Services

Beginning October 3, 2016, Hospice Notices of Election (NOEs) submitted to the Medicare Administrative Contractor (MAC) without a principal diagnosis will not be processed and will be returned to the...

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By David Glusman, Partner, Advisory Services

The long-term sustainability of physician practices is directly tied to their revenue, and that means physicians must have a thorough understanding of their current and future revenue sources and their...

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By Bonny Kohr, Senior Manager, Advisory Services

Palmetto GBA the Jurisdiction M Medicare Administrative Contractor (MAC) for home health has updated the Type II Diabetes Local Coverage Determination (LCD - L35132) once again.

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May 2016

By David Murcko, Manager, Assurance Services

Planning and forecasting financial budgets for hospitals or physicians practices is difficult in any period but especially in this presidential election year. The election results may dramatically...

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By Janet Potter, Senior Manager, Advisory Services & Bonny Kohr, Senior Manager, Advisory Services

On April 28, 2016, the Centers for Medicare and Medicaid Services (CMS) published in the Federal Register the proposed hospice wage index and payment rule update along...

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By Darlene Angelucci, Senior Manager, Assurance Services

Today the method by which healthcare is structured, delivered and reimbursed is on the precipice of profound and far-reaching change. According to Dr. Jim Weinstein, president and CEO of Darmouth-Hitchcock...

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April 2016

By Gregory Marazita, Partner, Assurance Services

On February 25, 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-02, Leases. The new standard creates Topic 842, Leases, in the FASB Accounting Standards Codification...

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By Janet Potter, Senior Manager, Advisory Services

It is time once again for skilled nursing facilities (SNFs) and hospice agencies to access their Program for Evaluating Payment Patterns Electronic Report (PEPPER). This annual report is a great...

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By Janet Potter, Senior Manager, Advisory Services

As promised, the Office of Civil Rights (OCR) recently announced it will begin Phase 2 of its HIPAA privacy, security and breach notification audits later this year. The majority of...

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March 2016

By Matthew Bavolack, Principal, Healthcare Industry Group Leader

ACOs, bundled payments, money follows the person, sequestration... Today's healthcare market continues to be reimbursement challenged. More so today than ever, it is imperative that providers properly...

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By Tom Reinke, Manager, Advisory Services

Leading healthcare systems are moving away from productivity- based physician compensation arrangements to new models that are consistent with the payment reforms being implemented by CMS and...

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By Marilyn Mines, Senior Advisor, Advisory Services

Centers for Medicare and Medicaid Services (CMS) recently announced that the Quality Improvement and Evaluation Systems (QIES), which is used to submit required assessment information to the...

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February 2016

By Bonny Kohr, Senior Manager, Advisory Services

The Centers for Medicare and Medicaid Services (CMS) has established a prior authorization program for certain DMEPOS, effective February 29, 2016. The purpose of the prior authorization...

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By Marilyn Mines, Senior Manager, Advisory Services

The Office of the Inspector General (OIG) publishes a work plan every year. As a result of the various in-depth studies OIG conducts, millions of dollars are...

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By James Kennedy, Partner, Assurance Services
Gregory Marazita, Partner, Assurance Services
Eric Saunders, Director, Assurance Services

The Financial Accounting Standards Board ("FASB") has been working on a financial statement project that may result in a number of changes to accounting standards and financial reporting for non-profit...

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January 2016

By Matthew S. Bavolack, National Healthcare Industry Group Leader

Welcome to Marcum LLP's first addition of “Trending in Healthcare”, a quarterly newsletter designed to provide clients, referral sources and colleagues an update on trends in the healthcare market place....

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By Marilyn Mines, Senior Manager, Advisory Services

Fiscal year 2016 has barely begun and the draft for Minimum Data Set (MDS) v1.14.0 is already posted. Normally, this would not be discussed so early in the fiscal...

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