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May 17, 2013 10:17:31 am

FASB, IASB Propose New Lease Accounting Standards

The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have jointly released... » continue reading

Tags: Accounting Standards, FASB, IASB, Lease Accounting

comments | 0

May 16, 2013 11:19:59 am

HHS Data Shows Disparity in Hospital Pricing

The U.S. Centers for Medicare and Medicaid Services (CMS) recently released data from across the country on hospital pricing for the 100 most common Medicare inpatient stays.  The data, comp
... » continue reading

Tags: Healthcare

comments | 0

May 15, 2013 3:23:32 pm

Support for Whistleblowing Increasing

The increased frequency of news reports of whistleblowing has made this important act of speaking out a viable tool to fight fraud and other instances of wrongdoing.  Support for whistleblowers is also increasing in both the United States and th... » continue reading

Tags: Audit, Internal Audit, Risk, Compliance, Fraud, Whistleblowing, Healthcare, Nonprofit

comments | 0

May 08, 2013 2:12:17 pm

Proposal Would Make Tribal Government Financial Records Public

The U.S. Office of Management and Budget (OMB) is seeking comments on a proposal that would make Native Americian tribes’ complete Single Audit reporting package, which includes t
... » continue reading

Tags: Tribal, Audit, Internal Audit

comments | 0

May 03, 2013 1:28:44 pm

HHS Proposal Would Increase Rewards for Reporting Fraud

The U.S. Department of Health and Human Services (HHS) has announced a proposed rule that would substantially increase the rewards paid to Medicare beneficiaries and other individuals who report suspe... » continue reading

Tags: Healthcare, Risk, Audit, Internal Audit, Fraud, Medicare

comments | 0

April 24, 2013 10:23:28 am

Moody’s Reports Sequestration Will Further Negatively Impact Nonprofit Hospitals

According to a report from Moody’s Investors Service, the nonprofit hospital sector, which has had a negative outlook rating since 2008, will be further challenged as a result of sequestratio... » continue reading

Tags: Nonprofit, Healthcare, Moody’s

comments | 0

April 23, 2013 11:12:59 am

FASB Releases Private Company Framework for Feedback

The Financial Accounting Standards Board (FASB) and the Private Company Council (PCC) is asking for feedback for their proposed for a framework to determine when exceptions to the general account... » continue reading

Tags: Accounting Standards, FASB, PCC, private companies

comments | 0

April 19, 2013 10:46:01 am

CMS Provides Resources on EHR Incentive Audits

The Centers for Medicare & Medicaid Services (CMS) has released a notice for healthcare providers eligible for an incentive payment for either ... » continue reading

Tags: EHR, CMS, Healthcare, Meaningful Use

comments | 0

April 17, 2013 10:24:31 am

FASB Proceeds with Lease Accounting Proposal

The Financial Accounting Standards Board (FASB) has decided to move forward with the proposal that will require all leases to be reported on the balance sheet, despite dissent from th
... » continue reading

Tags: Accounting Standards, FASB, IASB, Lease Accounting

comments | 0

April 12, 2013 10:29:14 am

Obama’s Proposed Budget Demonstrates Commitment to Native American Health

President Obama’s proposed budget for Fiscal Year (FY) 2014 for Indian Health Services (IHS) represents a 2.9% increase over FY 2012 enacted levels.  The $4.4 billion budget proposed an inc... » continue reading

Tags: Tribal, Healthcare, Indian Health Services, FY2014 Budget

comments | 0

April 10, 2013 2:18:47 pm

IRS Releases Proposed Regulations for Nonprofit Hospitals

The Internal Revenue Service (IRS) has issued proposed regulations for nonprofit hospitals to comply with the community health needs assessment (CHNA) requirement of the Affordable Care Act (ACA). &nb... » continue reading

Tags: Healthcare, Nonprofit Hospitals, Affordable Care Act, Compliance, IRS, Form 990

comments | 0

April 09, 2013 12:03:51 pm

340B Programs Should be Audit-Ready

Coinciding with the expansion of federal programs under the Patient Protection and Affordable Care Act (PPACA), oversight over federal programs is also increasing.  Facilities whi
... » continue reading

Tags: Healthcare, Hospitals, Medicaid, Affordable Care Act, 340B Program, Internal Audit, Compliance

comments | 0

April 04, 2013 2:42:32 pm

FASB Delays Anticipated Lease Accounting Standards

The Financial Accounting Standards Board (FASB) is delaying its expected February release of a revised exposure draft on lease accounting to at least early May.  


The cur
... » continue reading

Tags: Accounting Standards, FASB, IASB, Lease Accounting

comments | 0

April 02, 2013 12:55:37 pm

Hospitals Could Gain Revenue from Medicaid Expansion

According to a new study, hospitals would gain $2.59 in revenue from new Medicaid enrollees for every dollar they lose from private health insurance if all 50 states implement Medicaid expansion under the
... » continue reading

Tags: Healthcare, Hospitals, Medicaid, Affordable Care Act

comments | 0

March 28, 2013 1:47:30 pm

Studies: Internal Audit Role Shifting

The results of two new studies has found that the role of internal audit is moving closer to the board of directors and gaining more independence from the influence of the Chief Executive Officer (CEO).
 
... » continue reading

Tags: Internal Audit, Risk, Compliance

comments | 0