BDO Knows Healthcare Newsletter - Spring 2017

April 2017

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The healthcare industry is at the precipice of major transformation as legislative priorities come into greater clarity and the industry continues to shift toward a value-based reimbursement model. Amid this uncertainty, however, it becomes as important as ever for healthcare organizations to protect themselves from the unknown. In the Spring 2017 BDO Knows Healthcare Newsletter, we delve into critical, timely issues for healthcare organizations.
 

Back to Basics: Why Adhering to Central Real Estate and Facilities Management Principles is Critical for Hospitals in Time of ACA Uncertainty

 
It's impossible to say where healthcare reform is headed, but it's clear that the uncertainty has a direct impact on healthcare organizations' capital, expansion, hiring and investment decisions. We explain why it's more critical than ever that hospitals adhere to basic real estate and facilities management practices to manage and protect their assets—no matter the outcome in Washington.
   


How Hospitals Can Improve Cyber-Response by Forging a Stronger Relationship Between Counsel & IT 

 
Improving the working relationship between corporate counsel and information technology staff can be tricky, but it's essential in today's complex cyber threat landscape. We outline key cyber response considerations to keep in mind, including preventative must-haves and how best to bridge the divide between the IT and business worlds.
   


New Accounting Standard Presents Unique Challenges for PAC Providers

 
The 2018 deadline to comply with FASB's ASC Topic 606, Revenue from Contracts with Customers, is approaching quickly. The transition to value-based care and the healthcare industry's diversity of constituents make one step of the new revenue recognition accounting standard–determining the transaction price–uniquely challenging for healthcare organizations. We outline key steps for post-acute care organizations to keep in mind when developing their compliance plans.
   


Why Understanding Valuation Methods Is Paramount to Success of Early-stage Health Tech Companies

 
The shift toward value-based reimbursement models has renewed the industry's focus on preventative healthcare measures, and that's spurred an uptick in investments in companies that are creating new technologies to support preventative care. For investors to achieve the most successful outcomes, it's critical to understand proper valuation methods. Read on to learn about two key models for assessing potential investment outcomes.
   

For more information on BDO USA’s service offerings to this industry, please contact one of the following practice leaders: 
 
Steven Shill
Partner - Healthcare, National Leader
Orange County, Calif.

Patrick Pilch
Managing Director - Healthcare, National Leader 
New York, N.Y.