Helping your organization succeed in a quality-driven environment
Health care reform has passed: now what?
New health care reform legislation will bring a major overhaul to the US health care system over the next 10 years, with wide-reaching implications for health care providers and other industry stakeholders. Ernst & Young provides an overview of the law's key provisions and timelines (pdf, 520.8kb).
Sailing into the wind: managing academic medical centers in difficult times
US academic medical centers (AMCs) are up against strong headwinds. Faced with constrained reimbursement, heightened regulation and shrinking access to capital in a troubled economy, they are tasked with being ever vigilant about their financial health and their reputations as premier providers of medical education, clinical research and patient care. In this paper, Ernst and Young takes a closer look at the most pressing issues facing AMCs (pdf, 2.2mb) , and summarizes the findings from two forums for chief financial officers (CFOs) from 25 leading US, AMCs.
Monitoring private activity in a bond-financed facility
The penalties for Private Activity noncompliance can be severe, including loss of tax-exempt status. The new Schedule K drafted in a redesigned IRS Form 990 could increase the information you're required to report about your exempt bonds. Learn what can put your compliance at risk, and about our coordinated approach to post-issuance requirements associated with tax-exempt financing (pdf, 419K).
Accounting and tax issues mount for audit committees
Executive compensation, tax-exempt organization reform, and changing legislation are a few key issues facing health care audit committees. Addressing the ever growing list of responsibilities can be complex, but there are ways to be proactive in promoting transparency, accountability, and integrity. Read more about this issue of The Board Report, prepared specifically for Audit Committee members.
Contacts
To discuss provider care issues important to you, contact:
Jonathan Weaver, Americas Provider Care Sector Leader, by email, or at (614) 232-7220.
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