This discusses how the coronavirus pandemic has had a significant impact on the healthcare industry as a whole. For example, many technological advancements and trends have been observed within the healthcare industry such as telemedicine, 3-D bioprinting, artificial intelligence, and cloud computing. As we move...
By Tammy Ricciardella, CPA On Aug. 13, 2020, the Office of Management and Budget (OMB) issued Final Guidance on amendments to the OMB Guidance for Grants and Agreements (Uniform Guidance). This reflects the first revisions to this guidance since they were originally issued in 2013. The...
By Mike Lee, CIPM, Alexandre Chanoine, J.D. and Derrick King As more people are shifting to digital lifestyles and remote operations, data is being passed through the internet now more than ever. Proportionate to this, however, are the opportunities for potential compromise of the data, particularly...
By Carolyn Smith Driscoll, Gabe Rubio, Brad Poris Many nonprofit organizations were forced to shutter or temporarily close their operations under a governmental order as a result of the coronavirus pandemic, while others were forced to severely limit their offerings. One way to continue to pursue...
By Carla DeMartini, CPA, Chad Krcil, FHFMA, CHFP, and Venson Wallin, CPA, CGMA, CFE, CHC, FHFMA, CHFP, HCISPP When Congress passed the Coronavirus Aid, Relief and Economic Security (CARES) Act, it established the Provider Relief Fund (PRF) to support American families, workers and healthcare providers in...
For pharmacists seeking to analyze the success of their business, metrics are a key area of focus. These numbers help pharmacy owners achieve a deeper understanding of their situation and gain an advantage in an industry with very tight margins. Accounts receivable turnover and accounts receivable...
Organizations that gather reliable data and use it to inform their decisions are better positioned for success. In a recent article for Financial Management, author Luke O’Neill discusses the key role that CFOs play in ensuring that data is used effectively to inform decisions. Good data...
Many nonprofit organizations were forced to shutter or temporarily close their operations under a governmental order as a result of the coronavirus pandemic, while others were forced to severely limit their offerings. One way to continue to pursue your organization's objectives is to ensure that you are...
This article outlines and discusses different trends many experts believe will have an impact on the pharmaceutical industry in the new year. For example, the unpredictability of COVID-19, unblocking clinical trials, and text-based datasets should all be considered and watched as we venture along in...
Note: The Office of Management and Budget (OMB) is expected to release a compliance supplement addendum before the end of the year, which will outline audit requirements for many new programs. We’ll be updating this FAQ with additional information after its release. 2020 presented organizations with...
