Accounting for RAC Audit Adjustments and Exposures
This Principles and Practices Board issue analysis provides accounting guidelines for healthcare finance leaders who must respond to RAC audits and adjustments.
Medicare Incentive Payments for Meaningful Use of Electronic Health Records
This P&P Board issue analysis addresses certain accounting and reporting issues resulting from incentive payments under the Medicare program for the meaningful use of EHR technology.
Medical Practice Clinical Productivity Evaluation Tool
Hospital and physician leaders can use this evaluation tool to determine how to improve physician productivity in medical practices.
P&P Board Statement 20: Mergers, Acquisitions, and Collaborations
Note: FASB is currently working on updated guidance on mergers and acquisitions by a not-for-profit organization. Current information on this work is available on FASB’s web site . Guidance for the for-profit sector is available in FASB Statements No. 160, No. 141(r), and Statement No. 141. Note on Statement 20: Mergers, Acquisitions, and Collaborations The Principles and…
P&P Board Statement 11: Accounting and Reporting for Risk Contracts
Principles and Practices (P&P) Board Statement No. 11, Accounting and Reporting by Institutional Healthcare Providers for Risk Contracts, deals with the unique accounting considerations providers of healthcare services confront when entering into risk contracts. A lack of guidance for managed care programs which enter into risk contracts also led the American Institute of Certified Public Accountants…
P&P Board Statement 18: Public Disclosure of Financial and Operating Information
Note on Statement 18: Public Disclosure of Financial and Operating Information by Healthcare Providers The Principles and Practices Board undertook this project to identify the types of financial operating data that should be disclosed by healthcare providers on an ongoing basis. This statement seeks to improve the understanding between those who provide financial information and…
P&P Board Statement 17: Assessments and Arrangements Similar to Taxes
Note on Statement 17: Assessments and Arrangements Similar to Taxes on Tax-Exempt Institutional Healthcare Providers This Principles and Practices Board project was undertaken in response to frequent requests from HFMA members for accounting and financial reporting guidance for assessments and other arrangements in lieu of taxes. This statement addresses recommended accounting for three broad types…
P&P Board Statement 16: Classifying, Valuing, and Analyzing Accounts Receivable
Note on Statement 16: Classifying, Valuing, and Analyzing Accounts Receivable Related to Patient Services This Principles and Practices Board project was undertaken in response to the frequent requests from HFMA members for a standard calculation of “days of revenue in receivables.” The board’s work on this project indicated that every element of the calculation required…