New Revenue Recognition Standard Creates Additional Disclosure Requirements for Hospitals
By Joelle Pulver, CPA
Moss Adams
By Kate Jackson, CPA
Moss Adams
Fundamental changes to how hospitals recognize revenue are beginning to take effect. One of the biggest entails significantly altering the manner in which hospitals and other entities disclose revenue-recognition policies and revenue within financial-statement footnotes. Read article
What Are Your Three Most Important Decisions
By Thomas Ferkovic, R.Ph., MS
Managing Director, Medic Management Group, LLC
Life is about decisions, every day we make decisions about schedules, finances, patients, even lunch. Many, many decisions. Decisions made this quarter, or this year will affect your future. Okay, maybe not the lunch decision. Not making a decision can also affect your future. Not dealing with an issue such as an unproductive physician or disruptive employee, missing an investment opportunity for the future are all decisions. Passive decisions. No decision, is a decision that we must recognize. Read article
Cities And Counties Unlikely To Heed FDA Warning On Importing Foreign Drugs
By Phil Galewitz
Senior Correspondent, Kaiser Health News
Cities and local governments in several states said they will continue to use a Canadian company to offer employees prescription drugs at a highly reduced price, even though federal officials raised safety concerns about the practice last week. Read article
How to Build Cost Effective Senior Living Facilities
By Nicholas Kott, Commercial Account Executive, Builder’s Risk Specialist Parker, Smith & Feek
By Michael Reph, CLCS, Principal, Vice President, Account Executive Parker, Smith & Feek
The senior living industry continues to build out and refurbish its footprint throughout the United States, regardless of less than optimal occupancy rates of 88 percent for independent and assisted living facilities in Q4 2018. Read article