Thought Leadership

When it comes to thought leadership and staying informed, we’ve got you covered. See below for recent articles, webinars, and downloadable resources available.

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Pharmacy Benefit Managers: What is Your Plan Paying For?

Pharmacy Benefit Managers: What is Your Plan Paying For?

The world of pharmacy benefits continues to get more complicated, and that is unfortunately not an accident. Pharmacy benefit managers, also known as PBMs, such as Optum, CVS Health, and Express Scripts, cover more than 80% of the American public’s pharmacy needs. Due to their size and control over the pharmacy industry, they can negotiate […]

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pharmacy benefits

On-Demand Webinar: Transparency and Control, Demystifying Pharmacy Benefits

The world of pharmacy benefits is not transparent by design — pharmacy benefit managers do not want you to look into where your costs are truly going. Join Blue & Co., LLC on Tuesday, April 13 from noon to 1 p.m. for a webinar where our team of Pharmacy Consultants will explain how pharmacy benefit […]

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Revenue Improvement

Revenue Improvement Case Study: Outpatient Physical and Occupational Therapy

Blue & Co. reviewed publicly available information on a 120 bed, non-profit, acute-care hospital. The data suggested there was revenue improvement opportunity in their outpatient physical and occupational therapy departments. The department had approximately 27,000 patient visits the previous year. During an assessment, we co-validated a significant set of revenue improvement opportunities: charge capture improvement, […]

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provider relief funds update

Provider Relief Funds Weekly Update: New FAQs

Provider Relief Funds Update Last week HHS updated their FAQ’s for the first time in almost a month. We did learn that the period to incur COVID-19 expenses and lost revenues is still set to end on 6/30/21 and there was no mention of an extended time period. For now, HHS is moving ahead with […]

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Understanding Your Options When Your Organization Fails the Public Support Calculation

Understanding Your Options if Your Organization Fails the Public Support Calculation

If your organization is exempt under section 170(b)(1)(A)(vi), section 170(b)(1)(A)(iv) or section 509(a)(2) of the IRS code, it must annually meet one of two public support calculation tests (shown on Form 990, Schedule A) to maintain its publicly supported status: The organization is over 33 1/3% publicly supported. This means that 33 1/3% or more […]

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Patient Experience Competencies

Patient Experience Competencies to Drive Your Consumerism Strategy

The concept of consumerism in healthcare delivery is rooted and shaped in the world of retail services. To keep it simple, patient experience competencies should drive your consumerism strategy. However, it is primarily driven by high deductible health plans, changing technology, shifting patient demographics and value-based care payer contracts, healthcare care consumerism and the experience […]

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Annual Wellness Visit

Annual Wellness Visit: Your Organization Should Care

Beginning 2011, Medicare began covering the Annual Wellness Visit (AWV) as a yearly appointment with a primary care provider (PCP) to create or update a personalized prevention plan at no cost to the beneficiary. This plan may help prevent illness based on current health and risk factors. It is not a routine physical, and an […]

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IRS Deadline Extension

IRS Extends Tax Filing Deadline

On March 17, the IRS ended weeks of speculation and issued an information release (IR-2021-59), which provides individual taxpayers an additional month to file their income tax returns. Individuals now have until May 17, 2021, to file their Form 1040, and no interest or penalty on taxes due will begin to accrue until that date. […]

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American Rescue Plan Act

The American Rescue Plan Act of 2021

Weekly PRF Update There still have been no updates from HHS for reporting on PRF payments for the 2020 calendar year, but the passage of the American Rescue Plan (ARP) Act of 2021 offered new details on the requirements for a new round of PRF payments. Section 1150C appropriates another $8.5B to the Provider Relief […]

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INDOT Technical Applications Pathway and Prequalification Application - Common Questions

INDOT Technical Applications Pathway and Prequalification Application – Common Questions

By: Andrew Eiler, CPA The Indiana Department of Transportation (INDOT) introduced a new online system for construction contractors to complete their Contractor Prequalification application. Two common questions have been encountered when using the new INDOT Technical Applications Pathway (ITAP); presentation of contract assets and retainage receivable, and aggregate bidding capacity listed on the qualification certificate. […]

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Statement of Functional Expenses: Three Steps for Accurate Expense Allocations

An area of common concern for not-for-profit organizations is how to best allocate certain expenses among the various functions between management and general activities, program services and other supporting activities like fundraising and membership development. Users of your financial statements, and of course your auditors, will want to ensure that expenses that are not directly […]

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IRS Deadline Extension

The American Rescue Plan Act – What it Means for your Income Taxes – Now and in the Future

By: Derek Gray, CPA, Director On Saturday, March 6, the Senate passed a $1.9 trillion COVID-19 relief package, The American Rescue Plan Act, with the House expected to pass the bill on Tuesday, March 9.  President Biden hopes to sign this bill into law before unemployment aid programs expire on March 14. Provisions in the […]

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Columbus CEO Talks Cybersecurity and Data Management with Blue & Co. | Blue & Co, LLC | Cybersecurity and Data Management Practice

Columbus CEO Talks Cybersecurity and Data Management with Blue & Co.

The following article was made available and moderated by Ray Paprocki, publisher and general manager at Columbus CEO. In this article, Ray interviews Tom Skoog, the Cybersecurity and Data Management practice leader at Blue & Co., LLC. Columbus CEO Virtual Roundtable: Cybersecurity The U.S. government recently blamed the Russians for a major hack of federal […]

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Webinars

pharmacy benefits

On-Demand Webinar: Transparency and Control, Demystifying Pharmacy Benefits

The world of pharmacy benefits is not transparent by design — pharmacy benefit managers do not want you to look into where your costs are truly going. Join Blue & Co., LLC on Tuesday, April 13 from noon to 1 p.m. for a webinar where our team of Pharmacy Consultants will explain how pharmacy benefit […]

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Understanding the Employee Retention Credit (ERC)

On-Demand Webinar: Understanding the Employee Retention Credit (ERC): What You Need To Know

You’re Invited! On Wednesday, March 3, 2021, Blue & Co. hosted a webinar entitled Understanding the Employee Retention Credit (ERC): What You Need To Know. In this session, you will learn more about the expansion of the Employee Retention Credit (ERC). The panelists discuss: Explanation of the credit and amounts Who is eligible to take […]

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On-Demand Webinar: Maximizing and Accounting for Not-For-Profit Revenue Sources

  This session was hosted by Blue & Co. and Ashley|Rountree and Associates on Thursday, February 25 from 12:00 p.m. to 1:00 p.m. EST. This webinar is Maximizing and Accounting for Not-For-Profit Revenue Sources. This webinar is part of a two-part series discussing unique funding opportunities and issues related to revenue sources for not-for-profit organizations. The […]

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Future of the 340B Program

On-Demand Webinar: The Future of the 340B Program

Over the past year, there have been many changes within the 340B Program. Join Jason Prokopik from Blue & Co., LLC and Wes Butler from Barnett Benvenuti & Butler on Tuesday, February 9 from noon to 1 p.m. EST as they discuss how the recent political changes could impact the 340B Program and what it […]

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An Outpatient Rehabilitation Update: Practical Strategies for Success with New Regulations

On-Demand Webinar: An Outpatient Rehabilitation Update: Practical Strategies for Success with New Regulations

WellSky will be hosting a webinar covering An Outpatient Rehabilitation Update: Practical Strategies for Success with New Regulations on February 9th starting at 11:00 a.m. CST. In December 2020, the Centers for Medicare and Medicaid Services (CMS) released the fiscal year 2021 Physician Fee Schedule and Outpatient Prospective Payment System (OPPS) final rules. Less than […]

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340B Reimbursement Update

On-Demand Webinar: The Year of Changes – PFS, FMV, CR, Stark, & AKS

You’re Invited: The Year of Changes – PFS, FMV, CR, Stark, & AKS Webinar There have been a plethora of changes to PFS, FMV, CR, Stark, & AKS over the last few months coming from all different sides, but ultimately meeting in the middle. Join us Thursday, January 28, from 3:30 p.m. to 4:30 p.m. […]

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