lutz healthcare blog
7 Steps to Improve Physician Retention
Physician retention can be an issue for healthcare organizations. Overall, it can be expensive to replace physicians, so it is essential…
The Importance of MGMA© Financial Statements
MGMA© Formatted Financial Statements allows a medical practice to track income and expenses by provider, compare to industry benchmarks…
GASB 96 + Subscription-Based Information Technology Arrangements
Governmental entities are required to implement GASB 96 for fiscal years beginning after June 15, 2022. Subscription-Based Information…
Rural/CAH EHR Software Conversion Best Practices
There is a rising trend of rural healthcare facilities going through EHR software conversions. It can greatly impact a facility’s…
7.27.22 | Implementing Lease Guidance for Hospitals | Webinar
New lease accounting standards ASC 842, GASB 87 and GASB 96 require healthcare organizations to track various leases on the balance sheet…
Understanding Healthcare Accounting: How Income and Expenses Affect Growth
Medical practices must adhere to healthcare accounting best practices to keep their income and expenses in order and drive growth…
Provider Relief Fund Reporting
The Provider Relief Fund (PRF) Reporting Portal opened for Reporting Period 2 on January 1, 2022, and will remain open through March 31, 2022, at 11:59 PM ET…
Medicare Sequestration Update
The Budget Control Act of 2011 established a Medicare Sequestration of 2%, which is an automatic reduction of certain federal spending…
CMS Blanket Waivers Update
On April 7, 2022, CMS issued a memorandum that ended specific waivers for skilled nursing facilities/nursing facilities (SNFs/NFs)…
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