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Healthcare

Financial management and accounting solutions for healthcare businesses

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CCRC Entrance Fee Accounting: Deferred Revenue, the Future Service Obligation, and the $190 Million Refund Problem
·mike

CCRC Entrance Fee Accounting: Deferred Revenue, the Future Service Obligation, and the $190 Million Refund Problem

Since 2020, at least 16 CCRC bankruptcies have cost residents an estimated $190 million in unpaid entrance-fee refunds. Here is how continuing care retirement communities actually account for entrance fees — deferred-revenue amortization, the actuarially computed Future Service Obligation (FSO) liability, and the re-occupancy dependency that can make a community look solvent on paper right up until it fails.

healthcare
retirement
revenue-recognition
Bookkeeping for Medical Device Reprocessors: When the FDA Calls You a Manufacturer
·mike

Bookkeeping for Medical Device Reprocessors: When the FDA Calls You a Manufacturer

Third-party reprocessors of single-use medical devices are regulated as full manufacturers under the FDA's QMSR (effective February 2, 2026) — same 510(k), MDR, and UDI obligations as the OEM. That reshapes the books; a three-stage inventory split, per-device-family COGS, recurring validation expenses, and product liability reserves sized by risk class.

healthcare
manufacturing
compliance
The FTC's Caremark Settlement: What Cost-Plus Reimbursement Means for Independent Pharmacy Books
·mike

The FTC's Caremark Settlement: What Cost-Plus Reimbursement Means for Independent Pharmacy Books

The FTC's July 2026 settlement with CVS Caremark requires a cost-plus reimbursement option, point-of-sale rebate pass-through, and delinked PBM fees. Here is how independent pharmacies should model the switch, track DIR clawbacks, and keep reimbursement data auditable.

healthcare
antitrust
small-business
Medical Billing Company Bookkeeping: Why the Money in Your Bank Account Isn't Your Revenue
·mike

Medical Billing Company Bookkeeping: Why the Money in Your Bank Account Isn't Your Revenue

Medical billing companies are agents under ASC 606: revenue is the 4–8% fee on collections, not the gross payments passing through. How to book pass-through cash as a liability, build a chart of accounts around fee income, and track clean-claim rate, denial rate, and days in A/R as leading indicators.

bookkeeping
healthcare
revenue-recognition
Bookkeeping for Medical Billing Services: How Claim Denials Hit Your Own Cash Flow
·mike

Bookkeeping for Medical Billing Services: How Claim Denials Hit Your Own Cash Flow

Initial claim denial rates reached 11.8% in 2026, and billing services paid 4–10% of collections absorb every denial in their own books. A practical guide to recognizing fee revenue when claims actually pay, tracking denial rework as a separate cost, segregating client trust funds, and building a chart of accounts for a contingent-fee business.

healthcare
bookkeeping
small-business
DOL Opinion Letter FLSA2026-8: What Pre-Shift Work, De Minimis Time, and Clock Rounding Rules Mean for Hourly Employers
·mike

DOL Opinion Letter FLSA2026-8: What Pre-Shift Work, De Minimis Time, and Clock Rounding Rules Mean for Hourly Employers

DOL Opinion Letter FLSA2026-8 holds that integral pre-shift work like patient handoffs is compensable, narrows the de minimis defense when timekeeping systems record punches to the minute, and requires rounding policies to be genuinely neutral — a compliance guide for any employer with hourly workers.

payroll
compliance
legal
Is Unpaid 'Gap Time' Legal? The Third Circuit's FLSA Ruling and What It Means for Small-Business Payroll
·mike

Is Unpaid 'Gap Time' Legal? The Third Circuit's FLSA Ruling and What It Means for Small-Business Payroll

On June 3, 2026, the Third Circuit ruled in Secretary of Labor v. Comprehensive Healthcare Management Services that the FLSA provides no federal remedy for "overtime gap time" — hours worked but paid at neither straight time nor the overtime premium — aligning with the Second Circuit and deepening a split with the Fourth. Here's what gap time is, why state wage laws still create exposure, and five payroll checks every small employer with hourly staff should run.

payroll
compliance
small-business
When Does a Senior Living Placement Agency Actually Earn Its Referral Fee? A Revenue Recognition Guide
·mike

When Does a Senior Living Placement Agency Actually Earn Its Referral Fee? A Revenue Recognition Guide

Senior living placement agencies earn 70–80% of a resident's first month's rent — but only at move-in, and often subject to 30-day clawback clauses. This guide explains when to recognize referral fee revenue under ASC 606, how to book refund liabilities from your historical clawback rate, and which pipeline metrics predict cash flow.

revenue-recognition
bookkeeping
small-business
Urgent Care Clinic Bookkeeping: Why One Wrong Code Can Sink a Month's Revenue
·mike

Urgent Care Clinic Bookkeeping: Why One Wrong Code Can Sink a Month's Revenue

Urgent care bookkeeping hinges on details generic templates miss: the POS-20 place-of-service code that sets the reimbursement rate (and triggers denials at payers who contract clinics as offices), denial-reason tracking for the ~60% of billing work that happens after claim submission, and Section 179's $2,560,000 limit plus permanent 100% bonus depreciation for X-ray and lab equipment in 2026.

healthcare
bookkeeping
small-business
Can You Reclassify an Exempt Professional as Non-Exempt? DOL Opinion Letter FLSA2026-1 Says Yes
·mike

Can You Reclassify an Exempt Professional as Non-Exempt? DOL Opinion Letter FLSA2026-1 Says Yes

DOL Opinion Letter FLSA2026-1 (January 5, 2026) confirms employers may voluntarily classify an overtime-exempt learned professional as non-exempt, because non-exempt status is the FLSA default. Here's what the letter says, the three-prong exemption test under 29 CFR § 541.301, and a practical reclassification checklist for small businesses.

payroll
compliance
small-business
New Jersey's Medicaid Employer Assessment (A5324): What the First-in-the-Nation Law Means for Your Payroll
·mike

New Jersey's Medicaid Employer Assessment (A5324): What the First-in-the-Nation Law Means for Your Payroll

New Jersey's A5324, effective July 1, 2026, bills employers $325–$725 per year for each Medicaid-enrolled employee or dependent once 50 or more are enrolled — matched by the state, not self-reported. Here is how the tiered fees work, which workers are exempt now and in 2027, and how to prepare your books for a bill you didn't calculate.

payroll
compliance
tax
CMS Prior Authorization Final Rule: What the 7-Day and 72-Hour Deadlines Mean for Medical and Dental Practices
·mike

CMS Prior Authorization Final Rule: What the 7-Day and 72-Hour Deadlines Mean for Medical and Dental Practices

As of January 1, 2026, CMS-0057-F requires Medicare Advantage, Medicaid, CHIP, and ACA marketplace payers to decide prior authorization requests within 72 hours (expedited) or 7 calendar days (standard) and to give specific denial reasons — with FHIR-based prior auth APIs mandated by January 1, 2027. Here's what small medical and dental practices should do now.

healthcare
compliance
insurance
Showing 13–24 of 95 posts