Welcome to our Blog page. Here, you can read our firm’s latest blog posts about timely tax, accounting and audit issues.

Is Your Medical Practice Ready for the New Revenue Recognition Rules?

November 12, 2018 | By Angie Walters, CPA, CITP

In May 2014, the Financial Accounting Standards Board (FASB) finally issued its new revenue recognition standard after many years of deliberation....

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The Role of Accounting in Healthcare Management

November 05, 2018 | By Angie Walters, CPA, CITP

Sound financial management is critical in any industry, but healthcare is particularly challenging because the industry changes so fast. The...

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A Threat-Based Approach to Health Care Cybersecurity

October 29, 2018 | By Jason Cope, CPA
As healthcare consumers increasingly adopt technology to gain greater access to their personal medical records and wellness tracking, what are the... Read more.

Benefits of a Medical Practice Internal Financial Audit

October 22, 2018 | By Angie Walters, CPA, CITP

As a medical practitioner, you know it’s important to monitor your revenue and expenses. Yet how carefully are you tracking your billing and...

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How to Buy a Medical Practice: 4 Steps to Ensure a Successful Purchase

October 15, 2018 | By Erick Cutler, CPA

Thinking of buying a medical practice? You likely have a list of priorities that must be met before you make such a big decision. Location and...

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Why Health Care Practice Owners Should Focus on Their Financial Goals

October 12, 2018 | By Angie Walters, CPA, CITP

You put in years of education, countless hours of residency work and many long hours to build your health care practice. It’s easy to get lost in...

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CMS Releases Proposed CY 2019 Physician Fee Schedule

October 11, 2018 | By Angie Walters, CPA, CITP

The Centers for Medicare & Medicaid Services (CMS) recently released the CY 2019 Physician Fee Schedule Proposed Rule. While the rule has yet to...

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Understanding Medicare Cost Reports

September 12, 2018 | By Angie Walters, CPA, CITP

Nearly every U.S. hospital – and many other healthcare providers – accepts Medicare and is therefore required to provide annual, detailed reports...

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5 Tips for Managing the Cash Flow of Your Medical Practice

August 20, 2018 | By Angie Walters, CPA, CITP

In the past, insurance companies more or less kept the cash flow of a medical practice healthy. Not any longer. Increasingly, medical practices...

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Can Your Medical Practice Benefit from a Section 179 Deduction?

August 06, 2018 | By Erick Cutler, CPA

Section 179 of the U.S. Internal Revenue Code allows a taxpayer to deduct the full purchase price of qualifying equipment and/or software...

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