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Category: Construction Industry

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A Conversation on Revenue Recognition (ASC 606)

Update published on June 5, 2020: FASB issued Accounting Standards Update (ASU) 2020-05, Revenue from Contracts with Customers (ASC 606) and Leases (ASC 842) Effective Dates for Certain Entities, as part of […]

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AGC’s Take on the Labor Shortage

According to an industry-based survey released in the fall of 2018 by the Associated General Contractors of America (AGC) and Autodesk, 80% of construction firms are reporting that they are […]

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Proposed Rules for Classification of Debt

The Financial Accounting Standards Board has given preliminary approval for adoption of new rules regarding the classification of debt, and these new rules could have a significant impact on a […]

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Is now the time to sell?

Consider the 4 P’s of a Successful Transition Process There’s a well-known saying, “A rising tide lifts all boats,” suggesting as improvements in the general economy occur so will the […]

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Ohio Rural Health Transformation Program

In December 2025, Governor Mike DeWine announced that the state of Ohio will receive more than $200 million from the Centers for Medicare and Medicaid Services (CMS) and the U.S. […]

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Occupational Mix Survey – Importance of Payroll Decisions

Occupational Mix Survey – Importance of Payroll Decisions

The deadline for hospitals to submit the Occupational Mix Survey is June 30, 2026.  The Centers for Medicare and Medicaid Services (CMS) collects this data every three years on the […]

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Contract Labor: Impact on Wage Index

Contract Labor: Impact on Wage Index

Outsourcing is a common practice in all areas of business, including the healthcare sector.  Although this is a major expense for a hospital, it can influence the wage index factor […]

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