posts tagged as ASC 606


5 Steps for Hospitals to Manage Risk Around Fall 2018 Uncompensated Care CMS Audits

Amid a growing uninsured population, CMS is set to begin auditing hospitals’ uncompensated care reports this fall. Hospitals’ lifelines will be proper patient-level documentation and clearly defined charity care policies. Read our five... read more


BDO Knows Healthcare Newsletter Explores Cyber Response, Valuation Methods & More

The healthcare industry is facing major transformation, driven by reforms brewing in Washington and the longer-term transition toward a value-based reimbursement model. As lawmakers continue to grapple with the complexities of revising... read more


What Implications Could FASB's ASC 606 Have for Healthcare?

The new revenue recognition accounting standard, ASC Topic 606 Revenue from Contracts with Customers, takes effect for public entities in 2018, with all other companies following suit in 2019. Its goal is to scrap industry-specific... read more


Unclaimed Property Concerns for the Healthcare Industry – Part One

Accounting professionals in the healthcare industry spend significant time reviewing contracts to determine the amount of receivables to record for a given service, pursuing reimbursement for claims, and determining whether any... read more


By Venson Wallin | February 05, 2016

How Are Changing Reimbursement Models Impacting Risk? 7 Questions to Address This Quarter

Healthcare providers are starting to feel the impact of the accelerating pace of reimbursement changes. Delivery models are transforming, ushering in new opportunities and risks that organizations must manage.  read more


BDO Knows Healthcare Fall 2015 Newsletter

How will healthcare providers adapt to the growing global market for telemedicine and the demand for telehealth services? read more