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Thought Leadership

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FAQ: System and Organization Controls (SOC) Reports

FAQ: System and Organization Controls (SOC) Reports

What kinds of companies need SOC reports? Organizations that provide the following types of services for customers/clients may benefit from a SOC examination and report to demonstrate to customers/clients the strength of their internal controls: Software as a Service Outsourced Transaction Processors (e.g., Payroll Processors, TPA’s) Professional Services with Access to Sensitive Client Data (e.g, […]

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As of October 1, 2019, CMS will Begin Enforcing Accounting Classification Rule for Crossover Bad Debts

CMS to Begin Enforcing Accounting Classification Rule for Crossover Bad Debts

On April 4, CMS announced that for cost reporting periods beginning on or after October 1, 2019, providers must comply with a “longstanding” rule to claim reimbursement for crossover bad debts from the Medicare program. After this point, providers will be denied reimbursement for their crossover bad debts unless the underlying balances are logged to […]

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Managing Your Not-for-Profit for the Long Term

Managing Your Not-for-Profit for the Long Term

The length of the current economic expansion, coupled with recent volatility in the economy and the financial markets serve as a reminder that organizations need to keep a long-term view as they strive to continue fulfilling their missions. Charitable Giving Trends and Your Donor Base The impact of the 2017 Tax Cuts and Jobs Act […]

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AGC's Take on the Labor Shortage

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 having a hard time filling hourly craft positions, which represent the bulk of the construction workforce, and 56% report having a hard time finding project […]

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Five Star and Nursing Home Compare Changes Clarified

Five Star and Nursing Home Compare Changes Clarified

Centers for Medicare & Medicaid Services (CMS) issued a memorandum, about changes to the Five-Star Rating system on Nursing Home Compare that will go into effect in April 2019. CMS has also revised and posted the Technical User’s Guide reflecting these changes. Important highlights of the changes are: CMS will end the survey freeze on […]

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Worksheet S-10 Update

Worksheet S-10 Update

Over the past six months, CMS instructed all MACs to complete audits of the FFY 2015 Medicare Cost Report Worksheet S-10s. Each MAC was required to complete 50 audits (approximately 25% of all DSH eligible providers nationally), and Blue & Co. represented providers in multiple MAC jurisdictions. Here’s what we learned. S-10 Audit Requests & […]

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