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Practices Under Pressure to Prepare for HIPAA 5010
August 2011: The pressure escalates for many physician
practices as the January 2012 HIPAA version 5010 electronic
transition standards deadline approaches.
Making Medicine Pay Off: Practices seek answers to increase profits
July 2011: Cuts in Medicare
reimbursements, scrutiny from private insurance and the impact of
the slow economy are all converging on medical practices to create
a tough operating environment.
Web Worries
July 2011: Data Breach Notification Law Now in Effect (MS)
But Legislation Open to Interpretation.
Change Never Happened
July 2011: The "Year of the
Acquisition" has become all but a yawner.
Dodd-Frank expected to set off new competition for customer deposits
July 2011: Bankers should be prepared to raise more capital
reserve money without looking for it in the places they are used to
finding it.
Business of Banking Won’t be the Same After July 21
July 2011: Bankers unsure of
when a particular provision of Dodd-Frank kicks in should put their
money on July 21 as "the default effective date" for many of the
provisions.
Accounting Today Case Studies: Document Management
June 2011: HORNE CPAs and Business advisors share their journey
toward less paper with the technology writers at Accounting
Today
Accounting for stimulus funding: Firms worry over compliance, reporting issues
June 2011: In order to take advantage of American Recovery and
Reinvestment Act funding, contractors must meet compliance issues
such as internal controls and ethics policies and reporting and
prevailing wage rate requirements, among others. Concerns are that
some contractors might have missed some of the Act's fine print and
could find themselves in trouble with the federal government.
Avoiding the E-Prescribing Adjustments
JUNE 2011: The qualifying period to avoid the payment adjustment
for 2012 is January 1, 2011, through June 30, 2011. This
article outlines the providers that will be able to avoid the
payment adjustment and additional relevant details as 2012 begins a
graduated disincentive, or payment adjustment, for eligible
providers who are not e-prescribing.
Agostinelli Makes the Most of Life and Business
APRIL 2011: HORNE Manager Thomas Agostinelli talks about lean
principles and the opportunities for businesses to utilize
them.
WHITE PAPER: Assessing Intangible Value in a Physician Practice Acquisition
FEBRUARY 2011: This paper addresses the
appropriateness of assigning substantial value to intangible assets
such as physician workforce, under the FMV standard, and going
concern premise of value, without such amounts being appropriately
supported by net cash flow under the Income Approach.
Days of Free Debit Card Use Could Be Coming to an End
FEBRUARY 2011: Banks have to find ways to
offset lower fees from merchants on debit card transactions.
Salary Survey Gives Medical Practices Detailed View of Industry Standards
FEBRUARY 2011: The 2010 HORNE LLP Medical
Office Staff Salary Survey serves as a clear, detailed analysis of
positions and salaries across the country, according to the Memphis
Business Journal.
Some Taxpayers Must Wait to File
JANUARY 2011: IRS cites computer reprogramming
as Some taxpayers must wait until mid- to late February to file
electronic or paper returns.
HORNE Survey Shines Light on Physician Practice Salary Trends
JANUARY 2011: 18th annual analysis
confirms decreases in average annual salaries.
Get Ready for More Oversight, Enforcement from IRS
JANUARY 2011: The tax issue grabbing many of
the headlines - the extension of the so-called Bush tax cuts - got
fixed for a couple of years in mid-December. But there were many
other taxing issues businesses and high net worth individuals
should be aware of in 2011.
Financial Resolution Requires More Than Talk
JANUARY 2011: Aaron Samuels, a tax manager at
HORNE LLP, talked financial strategy for 2011 with The Clarion
Ledger.
The 2010 Tax Relief Act
DECEMBER 2010: On December 17, the President
signed into law The 2010 Tax Relief Act that includes an extension
of the Bush-era tax cuts for two years.
Holiday Parties Return But on a Budget
DECEMBER 2010: HORNE pairs annual Christmas
celebration with charitable giving.
Construction Forum to Address Critical Issues Facing the Industry in 2011
DECEMBER 2010: Health care Reform, pending
regulations, revenue recognition, mid-term election implications
are a few of the issues that are worrying the construction industry
as they look toward 2011.
The Financial Impact of Healthcare Reform on Construction Firms
NOVEMBER 2010: Three significant tax provisions
that will directly affect construction firms.
Accountants, Lawyers, Consultants Making Dodd-Frank Part of Their Expertise
NOVEMBER 2010: The Dodd-Frank Wall Street
Reform and Consumer Protection Act, passed in July, contains 144
rules that regulators have to impose over the next 24 months.
Help to Ensure Your EHR Meets Meaningful Use
OCTOBER 2010: Final rule for meaningful use for
an electronic health record (EHR) means ensuring your system meets
requirements.
Will We Get it Right This Time? The Physician Alignment Movement, Post-Reform
OCTOBER
2010: HORNE LLP Partner Greg Anderson takes a look at the
current environment of reform and what it could mean for hospitals
and health systems as it relates to their physician strategy.
CPA Says She's Proof Career, Family Can be Balanced
OCTOBER 2010: HORNE LLP Partner Marsha Dieckman
was featured in the Clarion-Ledger's "Women in Business"
profile.
Facing Billing Audits
OCTOBER 2010: HORNE LLP team member Lori Baker
offers guidance to physician practices on preparing for an
audit.
Partner Selected “50 Leading Business Women”
OCTOBER
2010: The Mississippi Business Journal recently named the
50 leading business women in Mississippi. Among them was HORNE LLP
Assurance Partner Ann Cleland.
Doctor-Hospital Integration Catches on Again with Lessons Learned
OCTOBER 2010: An old trend is gaining steam
again in the health care industry, and it could have important
consequences inside and outside the industry.
Keeping Our Eye On Chris Madison
SEPTEMBER 2010: The Mississippi Business
Journal recently profiled Chris Madison, a manager in HORNE LLP's
specialty accounting services.
Tax Hikes: Families at all income levels will be effected if Bush-era cuts not extended
SEPTEMBER
2010: HORNE Partner John Scott talks to the Clarion Ledger
about possible implications of Bush-era tax cuts expiration.
Acquisitions and Mergers: Flurry of activity may be in the future of many Mississippi institutions
SEPTEMBER
2010: HORNE LLP Partner Hans Pettit speculates mergers and
acquisitions will be a way for banks to grow business.
Financial Industry Scurries to Understand Dodd-Frank Reform Bill
SEPTEMBER 2010: The recently passed Dodd-Frank
Wall Street Reform and Consumer Protection Act could turn out to be
the biggest stimulus bill ever - for the lawyers and accountants
who will be paid to interpret and implement it.
Don’t Lose Out on the EHR Incentive Dollars: Enrollment in PECOS Required
SEPTEMBER
2010: The Medicare Electronic Health Record (EHR)
Incentive Program is only available to "eligible" professionals and
hospitals. The final rule will soon be published and CMS is
planning to use the Provider Enrollment, Chain and Ownership System
(PECOS) to verify Medicare enrollment. Here's a checklist to
avoid a last minute scramble.
Butcher may be weary-eyed, but prepared for HORNE’s Series
SEPTEMBER
2010: CPA Rusty Butcher is reading the entire
2,200-page Dodd-Frank Wall Street Reform and Consumer Protection
Act in preparation of the 2010 HORNE Bankers' Forums.
HORNE LLP Named Top 50 Accounting Firm in the Nation
SEPTEMBER 2010: HORNE LLP, the largest
accounting and business advisory firm in Mississippi, has been
named to INSIDE Public Accounting's Top 50 Accounting Firms list
for 2010.
All Affected By Tax Changes
AUGUST 2010: The federal Patient Protection and
Affordable Care Act represents the most significant social
legislation enacted in decades. It's estimated this act contains
over $400 billion in tax increases that have the potential to
affect all individuals and businesses in the U.S.
Employment Tax Audits Take Center Stage with Internal Revenue Service
AUGUST 2010: The Internal Revenue Service is
extending its National Research Program to cover employment taxes
and their contribution to the tax gap. Businesses could face random
audits under the program as soon as this fall.
Reflex Testing: Compliance, Billing and Coding
AUGUST
2010: A "reflex" test is a procedure routinely added-on to
a patient order when the initial test results are at a level that
meets the clinician's threshold to automatically add specific
tests. This article discusses the documentation required for
compliance.
Health Reform's Impact Explained
AUGUST 2010: Tax Senior Manager Bryan Cherry
speaks to the Hattiesburg American about the effects of health care
reform on small businesses.
Sometimes I Wish Something Could Just Stay the Same
JULY 2010: With almost 100% of Medicare Part A
claim transactions being submitted electronically (and just over
96% of the Part B claims) using the Version 4010/4010A1 of health
care standards, payers and providers must implement, test and
transition to the 5010 Version transaction to be compliant with
HIPAA no later than January 1, 2012.
Enhancing the Value of Internal Audit: Moving from Compliance to Prevention, a Focus on Fraud
JULY 2010: A call to the banking
community to move from compliance to prevention. Includes
suggestions for a thorough risk assessment.
Information Technology Privacy and Security Requirements
JULY 2010: Businesses today are subject to a
variety of regulatory and contractual requirements that make the
privacy and security of information absolutely necessary.
This provides an overview of the key privacy and security
requirements affecting most businesses.
Political Action Committees and the IRS
JULY 2010: HORNE author Angela Beasley
Phyfer discusses the formation of the PAC and annual filing
requirements.
Two Laboratory Reimbursement Extensions as Addressed by CMS
JUNE 2010: Review of the reasonable cost
payment for rural hospitals as well as pathology technical
component payment.
Everything Matters When Billing for Blood Transfusions
MAY 2010: There are
three distinct categories of coding and billing that must coalesce
for appropriate and compliant billing / reimbursement for blood
transfusions which this article discusses.
Expert: Prepare for Health Reform Changes Now
APRIL 2010: Health care providers cannot do
business as usual. Post-reform financial outlook is grim.
Will 21% Cut to Reimbursements Get Repealed?
APRIL 2010: Physicians wondering when
Congress will provide an answer regarding an additional 21 percent
cut to Medicare reimbursements that went into effect April 1.
Tax Deductions for Energy-Efficient Buildings
APRIL 2010: A look at deduction criteria
and the certification process for qualifying for the
deduction
Accounting for Change
APRIL 2010: Q&A with Tommy Butler, Partner, HORNE LLP
Recoupment of Federal Healthcare Dollars: Different Approaches
MARCH 2010: HORNE Manager Betty Hatten compares
Medicaid and Medicare Recovery Audits
Litigation Support: CPAs Providing Value to Litigators in State
MARCH 2010: There is
probably nothing that is more at odds with the perception of a
typical CPA than the work connected with providing litigation
support to attorneys.
Finding Money in the Microbiology Laboratory
JANUARY 2010: The micro lab has numerous "add
on" procedures that are routinely performed to complete the culture
report. Frequently, add on charges are never captured.
Keeping Financial Houses in Order
JANUARY 2010: Good
financial housekeeping a must within this volatile
construction industry
Never a Better Time to be Green
JANUARY 2010: Energy
Policy Act of 2005 allows designers of the energy-saving portions
of government buildings to receive the tax deduction
Generating Cash Flow in a Cash-Poor Economy
JANUARY 2010: Many
recent legislative changes, in addition to some traditional tax
planning strategies, can help taxpayers achieve the goal of
generating cash flow.
Red Flag Rules: Does a Medical Practice Need Protection?
JANUARY 2010: If a practice which extends
credit does not have policies in place by June 1, 2010, they
may be subject to penalty.
Experts: Don’t Plan Entirely on Social Security in Retirement
JANUARY 2010: From the wreckage of retirement
accounts that lost from a quarter to half of their value last year,
several trends have developed. The Journal of South Mississippi
Business spoke with area experts and identified five trends that
may affect how you save for retirement.
Healthcare Reform – Are You Positioned to Move Forward?
AUGUST 2009: While most organizations are
maintaining their current financial position, everyone is
strategically evaluating and positioning to address the expected
delivery of services and how it will be paid
for.
Keeping a healthy organization requires new concerns from the
leaders of healthcare entities.
Physician Compensation: Understanding Fair Market Value
JUNE 2009: With
recent increased government activity and potential scrutiny
regarding financial arrangements between hospitals and physicians,
along with the proliferation of those types of arrangements,
ensuring that payments made under those arrangements represent fair
market value has never been more important.
On-Call and Coverage Arrangements: A Formula for Hospital-Physician Tension
APRIL 2009: The growing tendency among
facilities to pay physicians for on-call services is in part a
function of market forces driving supply and demand, as well as the
degree to which physicians are willing to provide the service
without separate compensation.
Tax-Exempt Return Gets Overhaul
JANUARY 2009: Tax-exempt organizations required
to file a return for 2008 will be completing redesigned forms
during the 2009 filing season.
Partner in Charge Tommy Butler Wins Accounting Leadership Award
JANUARY 2009: When Tommy Butler began as a
student at Mississippi College, he had no idea that he would one
day become an accountant. A pre-dental major at the start, he
quickly realized that science was not his calling. With the
help of Dr. Gerald Lee, Tommy decided to switch to the School of
Business as an accounting major.
CPAs Share Financial Considerations at Tax Time
JANUARY 2009: Keeping good records and drilling
down deep enough to get all the facts is imperative when preparing
a tax return, say Mississippi CPAs.
CPA Firms Helping Clients Cope with Downturn Economy
JANUARY 2009: Whether in good times or bad,
CPAs are needed for businesses to stay financially healthy and in
compliance with tax laws. Some services CPAs provide are
needed in any economy.
Professionals Make Resolutions and Plans for a Great 2009
NOVEMBER 2008: A new year brings a sense of
renewal and starting fresh, both personally and
professionally. Just as personal resolutions about this time
of year, some business people make resolutions for their work
lives.
When It Comes to Construction Accounting, Issues Abound
MARCH 2008: Large construction companies around
the state require the expertise of professionals when it comes to
accounting and taxes.
Paying for Care: No Quick Fix
APRIL 2008: You may have recently noticed much
discussion regarding Medicaid, a component of the healthcare
payment system for residents in the State of Mississippi.
Mississippi's healthcare payment system is comprised of several
payers in addition to the state program, including Medicare,
commercial insurance companies, companies with self-funded plans
and the patients themselves.
Securing Critical, Confidential Data Priority for Firms Today
APRIL 2008: The cutting-edge information age is
a great help to law and accounting firms, but it also creates a new
set of security concerns for protecting their vast amount of
confidential information.
HORNE LLP to Sponsor Second Annual Louisiana Health Care Reform Conference
BATON ROUGE, La., April 28, 2011 - HORNE LLP announced today its
sponsorship of the Second Annual Louisiana Health Care Reform
Conference. The event is set for May 18.
Busiest Time of the Year? It's Now Never Ending for Many Firms
OCTOBER 2008: The days of a busy season
focusing strictly on the tax deadline of April 15th are over.
HORNE LLP and E2America Announce Agreement to Provide Counsel on Energy Efficiency Technologies
RIDGELAND, Miss., July 20, 2011 - HORNE LLP, an accounting and
business advisory firm specialized in franchise accounting and
construction accounting, today announced an agreement with
Efficient Energy America, Inc. (E2America), a leading supplier of
HVAC optimization technology, to advise commercial enterprises on
the benefits of energy efficiency technologies.
HORNE Health Care Team Opens 19th Annual Medical Office Staff Salary Survey
RIDGELAND, Miss., July 12,
2011 - HORNE LLP, one of the nation's top 50 accounting and
business advisory firms and one of the largest accounting firms in
the Southeast dedicated to the health care industry, announced
today the opening of its annual salary survey for medical office
staff.
HORNE LLP Names Corrigan to New Leadership Roles
RIDGELAND, Miss., July 5,
2011 - HORNE LLP, one of the top 50 accounting and business
advisory firms in the nation, announced today that J. Eustis
Corrigan Jr., CPA, has been named the partner in charge of the
practice group that delivers comprehensive assurance; tax; fraud,
forensic and litigation consulting; and business advisory and
accounting services. In his new role, Corrigan will oversee the
vision and strategy, leadership, growth and overall performance of
these practice areas. Corrigan has also been named the firmwide
director of HORNE's tax practice. He works from the firm's
Ridgeland, Miss., office location.
Mississippi Data Breach Law Goes into Effect on July 1
RIDGELAND, Miss., June 23, 2011 - HORNE LLP, one of the nation's
top 50 accounting and business advisory firms, informed clients
today that Mississippi's data breach law goes into effect on July
1. The law requires businesses and government agencies to promptly
notify any Mississippi resident when certain unencrypted electronic
personal information in the possession of that organization has
been intentionally acquired by an unauthorized person through a
breach of security.
HORNE LLP Names Watts and Butcher to Board of Directors
MEMPHIS, Tenn., June 20, 2011 - HORNE LLP, one of the nation's
top 50 accounting and business advisory firms, announced today that
Tennessee team members Katherine G. Watts, CPA, CHC, and Rusty
Butcher, CPA, have been elected to HORNE's board of
directors.
HORNE Partner Named Memphis Power Player
MEMPHIS, Tenn., May 12, 2011 - HORNE LLP announced today that
James R. Gordon, CPA, has been named by Memphis Business Quarterly
to their 2011 "Power Player" list. Gordon is a partner at
HORNE and serves as the partner in charge of the firm's Memphis,
Tenn., office.
HORNE LLP Announces 2011 College Capstone Program Attendees
RIDGELAND, Miss., April 21,
2011 - HORNE LLP announced today the students selected to attend
HORNE's Annual College Capstone program this May. Twenty college
juniors from Jackson State University, Millsaps College,
Mississippi College, Mississippi State University, the University
of Mississippi and the University of Southern Mississippi were
selected to attend HORNE's highly competitive leadership and
personal development program.
Taking Care of Employees, Clients Keeps HORNE LLP on Course
OCTOBER 2007: It's a year of milestones for
HORNE LLP. The Jackson-based accounting firm is celebrating
45 years in business, was named one of the top 50 CPA firms in the
country and listed among the top 10 in the Southeast.
Blueprint for Business
FEBRUARY 2007: Hugh J. Parker, Executive
Partner: HORNE LLP
HORNE LLP Named Top 50 Firm in the Nation
JACKSON, Miss., September 30, 2009--
HORNE LLP, one of the top 10 accounting and business advisory firms
in the Southeast and the largest firm in Mississippi, has been
named to INSIDE Public Accounting's Top 50 Accounting Firms for
2009.
HORNE LLP Opens Office in Baton Rouge
BATON ROUGE, La., Nov. 30, 2009 - HORNE LLP, one of the nation's
top 50 accounting and business advisory firms, announced today the
opening a new office to be located in Baton Rouge, La.
HORNE Wins National Balance Award
HORNE named 2009 National Balance Award winner from
the American Society of Women Accountants.
Tommy Butler Elected to HORNE LLP Board of Directors
JACKSON, Miss., August 27, 2009 - HORNE LLP, a top 50 accounting
and business advisory firm in the United States, today announced
the election of Tommy Butler to the firm's Board of Directors.
Butler joined HORNE in 1998 and has more than 30 years of
experience in public accounting. He serves as the partner in charge
of core services, overseeing offices in Mississippi and
Tennessee.
Joel Bobo Elected National President of CICPAC
JACKSON, Miss., July 29, 2009 - HORNE LLP, one of the top 50
accounting and business advisory firms in the United States,
announced today that Partner Joel Bobo has been elected as the
national president of the Construction Industry CPAs/Consultants
Association.
Alicia Reynolds Named Partner at HORNE LLP
NASHVILLE, Tenn., January 5, 2009- HORNE LLP, one of the top 10
accounting and business advisory firms in the Southeast, announced
today that Alicia Reynolds has been admitted as partner within the
firm. Reynolds serves franchise clients through HORNE's Nashville
office.
Patrick Gough Named Partner at HORNE LLP
JACKSON, Miss., January 5, 2009 - HORNE LLP, one of the top 10
accounting and business advisory firms in the Southeast, announced
today that Patrick Gough, CPA, has been admitted as partner within
the firm. Gough is part of the assurance team working in HORNE's
Jackson office.
Cathy Dunning Named Partner at HORNE LLP
JACKSON, Miss., January 5, 2009 - HORNE LLP, one of the top 10
accounting and business advisory firms in the Southeast, announced
today that Cathy Dunning, CPA, CFE, has been admitted as partner
within the firm. Dunning is a senior manager in specialty
accounting and serves disaster relief clients through HORNE's
Jackson and Biloxi offices.
Tony Brooks Named Principal at HORNE LLP
JACKSON, Miss., January 5, 2009 - HORNE LLP, one of the
top 10 accounting and business advisory firms in the Southeast,
announced today that Tony Brooks, CISA, has been admitted as
principal within the firm. Brooks is currently the
director of information technology assurance and risk services in
HORNE's Jackson office.
Jason Darby Joins HORNE LLP
NASHVILLE, Tenn., September 3, 2008 - HORNE LLP, one of the top
10 accounting and
business advisory firms in the southeast, announced today the
addition of Jason Darby, CPA, as
manager in the firm s Nashville office.
HORNE LLP Partner Receives Professional Recognition
JACKSON, Tenn., July 10, 2008 - HORNE LLP, one of the top 10
accounting and business
advisory firms in the Southeast, announced today that Katherine
Watts, CPA, has been elected vice
president of the Tennessee Society of Certified Public Accountants.
A partner in HORNE LLP's
Jackson, Tenn., office, Watts will serve a one-year term beginning
in July.
HORNE Tax Alert: Sept. 22, 2011
Mississippi Secretary of State's Limited Liability Company
Annual Report Grace Period Ends December 1, 2011
