Category: Healthcare

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OMB COVID-19 Memorandum Summary (M-20-17)

We wanted to provide an update on the recent memorandum from the Office of Management and Budget, which provides agencies with additional flexibilities for recipients affected by the loss of […]

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COVID-19: Important Coding Updates

This article is being updated as new information becomes available. It was originally published on April 3rd and was most recently updated on May 1st with additions to the Specimen […]

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Outpatient Therapy Options During COVID-19

COVID-19 is creating a dip in outpatient therapy appointments … and revenues.  However, due to recent regulatory waivers announced by CMS, hospitals have a unique opportunity to provide therapy services […]

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Medicare Cost Report Filing Extension

On March 24, 2020, multiple Medicare Administrative Contractors (MACs) have announced CMS has extended the due date for cost report filings. The providers covered in this extension include Hospitals, Rural […]

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Expansion of Telehealth with 1135 Waiver

Under this new waiver, Medicare can pay for office, hospital, and other visits furnished via telehealth across the country, including in patients’ places of residence, starting March 6, 2020. A […]

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Top 5 501(r) Misses to Avoid

With the final 501(r) regulations released on December 29, 2014, one would think that every tax-exempt hospital should be fully compliant with these regulations by now. However, the IRS continues […]

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2020 CY OPPS Final Rule

Reductions to 340B Payments and Certain Provider-Based Departments and a Delay on Pricing Transparency Rules This past weekend, CMS released the final rule for CY 2020 Outpatient Prospective System (OPPS) […]

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Kwong IRS penalty refund claim

Kwong Court Decision May Create IRS Penalty Refund Opportunities for Taxpayers

By Aimee Reavling, CPA, Director and Sara Jacobi, CPA, Firm Director of Taxation at Blue & Co. Recent court decisions, including Kwong v. United States, may create an opportunity for […]

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ASC 860 accounts receivable factoring

Accounts Receivable Factoring: What Manufacturers Need to Know About ASC 860

By Stephen Clyde, CPA, Manager at Blue & Co. In today’s environment, many manufacturers and distributors are taking a fresh look at how they manage working capital. Longer customer collection […]

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SECURE 2.0 not-for-profit compliance

SECURE 2.0: Why 2026 Is a Critical Compliance Year for Not-for-Profits

By Holly Fields, CPA, Senior Manager at Blue & Co. The SECURE 2.0 Act was signed in December 2022 and builds on the original SECURE Act to improve retirement savings […]

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