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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Employer Tax Credits for Providing Paid Sick and Family Leave Related to COVID-19

The American Rescue Plan Act, enacted March 11, 2021, aims to deliver economic relief to families and workers. On April 21, President Biden announced a provision of the American Rescue Plan Act that allows eligible employers to claim refundable tax credits for providing emergency paid sick leave to employees who take time off for reasons […]

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Charity Reimbursement

Charity Reimbursement: Protecting it from Audit Scrutiny

There is a new audit trend coming down the pipeline that could impact your charity reimbursement for Medicare bad debt. In the past there was no enforcement of statements being sent to a charity patient before they were deemed indigent. Until a patient has been approved for charity, they are still deemed non-indigent. Auditors are […]

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HIPAA and Covered Entities

Anyone who works in the healthcare industry knows that their organization takes steps to protect patient health information under a series of guidelines known as HIPAA. There are several provisions to HIPAA that require organizations to use Federal guidelines to ensure digital health information is secure. Those provisions include: Privacy Rule Security Rule Enforcement Rule […]

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Rural Health Clinic Payment

Rural Health Clinic Payment Reform

On December 27, 2020 the Consolidated Appropriations Act of 2021 introduced changes to the existing Rural Health Clinic payment structure. Changes to the Rural Health Clinic Payment Structure This legislation introduced the following reforms: Phase-in steady increases in the RHC statutory cap over an eight year period Subjects all new RHCs to the new Medicare […]

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Flexible Budgeting Not-for-Profits

Flexible Budgeting for Not-for-Profits

Organizational budgeting is far from a simple process, and this is especially true for those in nonprofit leadership. There are often many complexities to consider when developing a financial plan capable of carrying the mission forward into the next fiscal year and, certainly, the added challenges of the COVID-19 pandemic have not made this task […]

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Skilled Nursing Facilities

Skilled Nursing Facilities CMS Proposed Rule for 2022

The Centers for Medicare and Medicaid Services (CMS) released the proposed rule for fiscal year (FY) 2022 that would update Medicare’s prospective payment system (PPS) rates for skilled nursing facilities (SNFs). CMS estimated that the proposal would impact payment to skilled nursing facilities (SNFs) Medicare Part A as an increase of around $444 million dollars […]

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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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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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