Costing and Managerial Accounting

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Syntellis’ Axiom and Connected Analytics is a Peer Reviewed and recommended software solution to assist healthcare organizations address challenges in budgeting, planning, financial management, cost accounting, decision support, reporting, and financial and clinical analytics.

HFMA August 31, 2022

How HFMA/Boise State master’s degree cohort members are putting new knowledge to work

Abby Birch, Grayson Johnston and Jacob Dalmas, three members of the first HFMA/Boise State master's in Population and Health Systems Management cohort, discuss their experiences in the program.

Deborah Filipek June 1, 2022

Healthcare News of Note: Drug manufacturers reap $6.7 billion in provider relief funding, leaving hospitals and health systems with no aid allotted for the delta and omicron surges

Healthcare News of Note for healthcare finance professionals is a roundup of recent news articles: $7 billion from the Provider Relief Fund was used by the Biden administration to pay drug manufacturers, HHS takes a strong stance on requiring health plan/insurance issuers to deliver parity for mental health and substance-use disorder benefits, and investors show continued interest in healthcare M&A in 2022.

Deborah Filipek February 4, 2022

A checklist for successful hospital cost reporting in the time of COVID-19

COVID-19 will have long-term impacts on the operations of hospitals, and on their costs in particular., making it imperative that hospitals be mindful of how those impacts extend to their cost report data.

K. Michael Nichols, FHFMA, CPA January 31, 2022

Provider Relief Fund Phase 4 payments will be transmitted starting later this week, HHS announces

Provider Relief Fund Phase 4 payments will be made starting Dec. 16 to providers that applied and were deemed eligible.

Nick Hut December 18, 2021

COVID-19 requires intensified due diligence to understand its impact on the financial performance of health systems

Analyzing a health system’s financial performance is critical when making business decisions for the organization, but performing such an analysis is far from being straightforward for 2020 and 2021.

Tejash Lodhavia, ASA, CVA September 30, 2021

Cost reporting in the time of COVID-19 could have an impact on hospital payment

The changes due to the COVID-19 pandemic that hospitals must report in their annual cost reports will be pervasive throughout the reported data. Given that CMS and some state agencies use cost reports i9nformation to establish future rates, it is critical that hospitals exercise heightened due diligence in preparing their cost reports throughout the public health emergency.

K. Michael Nichols, FHFMA, CPA September 2, 2021

The Provider Relief Fund portal is now open: Providers can successfully navigate the PRF reporting process with these tips

Best practices can help providers navigate the Provider Relief Fund reporting process and related audit requirements.

Norman Mosrie August 10, 2021

Hospital groups raise red flags about spending offsets in bipartisan infrastructure bill

The bill would be paid for in part by extending the duration of the 2% reduction in Medicare payments and by tapping into the Provider Relief Fund.

Nick Hut June 29, 2021

HHS extends Provider Relief Fund use and reporting as healthcare providers continue to navigate COVID-19 impacts

The U.S. Department of Health and Human Services recently announced updates to the Provider Relief Fund, including staggering provider deadlines to spend funds.

Shawn Stack June 15, 2021
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