PYA Experts Discuss 340B Compliance, Alternative Payment Models, and Healthcare Accounting and Reporting at TSCPA Conference

The Tennessee Society of CPAs (TSCPA) Health Care Conference was held in Franklin, Tennessee, November 27-28, 2017.  The jam-packed two-day conference agenda addressed many important accounting, compliance, technology, legal, and valuation topics from the healthcare industry.

PYA Principal Shannon Sumner discussed the necessity of having the correct tools in your “toolkit” while navigating the process of demonstrating 340B compliance during her presentation, “Journey to 340B Compliance.” Her toolkit included:

  • Road Map- Complying with the Office of Pharmacy Affairs (OPA) annual attestation statement.
  • Potential Roadblocks- Exploring issues identified in recent audits.
  • Keys to Compliance- Highlighting leading practices in internal controls.
  • Navigation Systems- Providing an overview of available resources to keep a covered entity on track during its journey to 340B compliance.

View the presentation below:

 
In another session, Principals Carol Carden and Angie Caldwell dove into evolving alternative payment models (APMs) as a catalyst for change and innovation in healthcare delivery during their presentation, “Alternative Payment Models: The Good, The Bad, and The Ugly.”  Carol and Angie examined real-world examples and case studies related to operationalizing, remaining compliant, and valuing APMs.

View presentation below:

 

Finally, PYA Managing Principal of Audit and Assurance Services Mike Shamblin presented a “Healthcare Accounting and Financial Reporting Update.”  His session covered recent Financial Accounting Standards Board and Governmental Accounting Standards Board activity related to revenue recognition, leases, and other audit and accounting topics.

View the presentation below:

If you would like more information about 340B compliance, APM valuation, or recent developments in healthcare accounting and reporting, or to request a speaker on these topics for your organization or event, contact one of our PYA executives below at (800) 270-9629.

Shannon Sumner

Shannon Sumner

Principal

Carol Carden

Carol Carden

Principal

Angie Caldwell

Angie Caldwell

Principal

Mike Shamblin

Mike Shamblin

Managing Principal of Audit & Assurance Services

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