Accounting and Financial Reporting

Message to Providers: Expect More Pricing Scrutiny

Healthcare finance leaders should review their organizations’ cost structure to ensure that their healthcare spending consistently adds value to patient care.

Jeff Helton,  PHD, FHFMA, CMA, CFE January 10, 2017

With So Much Uncertainty, How Do You Build Your Hospital’s Budget?

Advisory Board’s John Johnston shares expert insights from a colleague, Sean Angert, regarding today’s challenges with hospital budgeting and margin sustainability, with planning advice for CFOs.

John Johnston January 6, 2017

Healthcare Revenue Recognition: 5 Steps for Net Revenue Modeling and Reporting Considerations

This article describes five steps FASB has outlined for entities to follow to prepare for implementation and achieve the objectives of the new standard ASU 2014-09 for recognizing revenue. 

Andrew Holloway December 19, 2016

What happened to charity care in financial statements

Reporting charity care is an important means for healthcare organizations to communicate the benefits that they are providing to their communities.

Brian Conner December 19, 2016

Ask the Experts: Definition of Bad Debt

What is the standard industry definition for bad debt percentage?

HFMA November 18, 2016

Ensuring an Effective Approach to Budgeting

Having strict budget variance review processes facilitates meaningful conversations throughout the year and reduces the likelihood that spending will rise above budget targets.

Jeff Goldstein November 10, 2016

Ask the Experts: Physician Office Staffing

At what size should a medical practice consider hiring a controller and what is the current salary for such a position?

HFMA August 9, 2016

Ask the Experts: EHR Software

Is it acceptable practice to retire fully depreciated EHR software or any percentage given that numerous upgrades have occurred?

HFMA July 11, 2016

HFMA’s P&P Board Comments on GASB’s Proposed Statement on Leases

HFMA has a long-standing recommendation to GASB to avoid differences between private-sector and public-sector standards that cannot be justified by fundamental differences between the two sectors.

HFMA June 8, 2016

Ask the Experts: Hospital Financial Statistics

What is the average amount of time to be used to calculate accounts receivable (A/R) days and days cash-on-hand?

HFMA May 12, 2016
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