April 16, 2024
In some parts of the United States, rental property is a hot commodity. If you’ve considered getting into the race by turning your house into a rental, consider the ups and downs of being a landlord.
April 11, 2024
Outsourcing payroll, also known as managed payroll, can decrease risk, increase accuracy, protect sensitive data and improve business continuity.
March 17, 2024
If your business does jobs that have related income and costs, you can use QuickBooks Online’s Projects feature to track them.
March 8, 2024
Filing threshold for business tax filings increases to $100,000, sparing more than 100,000 businesses from tax liability.
March 6, 2024
The deadline to comply with a new U.S. Department of Labor rule regarding worker classification is March 11.
March 5, 2024
Even if your startup business has little or no income tax liability, you may be eligible for a payroll tax credit election for increasing research activities. This tax break got better under the Inflation Reduction Act.
February 27, 2024
As the manufacturing landscape continues to evolve and globalization continues to shift, many industrial businesses are assessing how mergers and acquisitions (M&A) will fit into their strategy.
February 26, 2024
Many new ventures start out as sole proprietorships. Here are nine considerations if you’re operating a business that way.
February 23, 2024
As margins struggle to rebound to pre-pandemic levels, strategic partnerships in healthcare are expected to rise this year.
February 18, 2024
Many employers who sought the employee retention credit aren’t even aware that they’re at risk of penalties and steep fines for making fraudulent claims. The IRS says these signs might help.
January 7, 2024
Construction businesses are familiar with the challenges and opportunities associated with change orders. Here are some ways to tighten up your change order management process.
January 3, 2024
The real estate market can be tricky, but there’s still big profit potential on business property. In these cases, a “like-kind” exchange may be attractive when selling commercial or investment real estate.
November 24, 2023
The holiday whirlwind has begun, but don’t ignore a few potential ideas for your small business to save on 2023 taxes.
November 22, 2023
The FDIC has proposed guidelines on corporate governance and risk management practices for banks with $10 billion or more in assets.
October 27, 2023
Extensive reporting requirements stemming from the Corporate Transparency Act will affect many business owners starting January 1.
October 27, 2023
Smaller donations and gifts from lower-income donors have consistently dropped. This is why analyzing the giving trends of more affluent donors is critical for nonprofits.
October 3, 2023
Estimating is among the most important areas of proficiency for any construction business. Here are 10 ways to potentially improve your company’s estimates.
September 22, 2023
Identifying related parties is just one of many parts that go into preparing financial statements. Here’s why they matter, why auditors give them scrutiny, and how to avoid the risks that often accompany them.
September 22, 2023
Healthcare organizations have significant financial incentives to capitalize on tax credits available from the IRA when investing in clean energy assets.
September 12, 2023
At some point as a business owner, you might entertain the idea of selling and moving on to a new endeavor. The process of selling a business can be tedious, but having a plan in place and knowing the tax implications of a business sale can help reduce the stress and, potentially, the tax implications.
September 8, 2023
The SECURE 2.0 Act’s new retirement catch-up contribution rules caused problems and confusion for employers and employees alike. The IRS has now provided guidance.
September 6, 2023
Make the most of estate and gift tax exemptions now before deduction limits change in 2026.
August 28, 2023
Have you connected your bank accounts to QuickBooks Online? It’s a great way to simplify your transaction tracking.
August 25, 2023
Healthcare organizations that fail to continuously monitor their cyber insurance coverage become at risk due to escalating security challenges.
August 22, 2023
Discover how the generation-skipping tax could impact your estate planning.
August 16, 2023
Scammers are hyping quick, easy money from the employee retention tax credit, but despite what you might hear in the slick advertisements, the IRS has a warning for employers.
August 15, 2023
Regulators provide new risk management guidance for banks partnering with third-party organizations.
July 31, 2023
The role of artificial intelligence continues to grow in the healthcare industry, where organizations and providers are finding ways for AI to fill gaps in staffing and improve the overall experience for clients and customers.
July 28, 2023
How well do you know AI and its capabilities? Find out what AI can and can’t do in the nonprofit sector, as well as five of the biggest AI myths and the truth behind each one.
July 3, 2023
Financial institutions face a rapidly evolving business environment. Here are five ways financial institutions can ensure the efficient allocation of IT spending.
June 6, 2023
(authored by RSM US LLP) Digital transformation is critical for modern manufacturing operations and the factory of the future.
June 5, 2023
The tax-exempt status of nonprofit hospitals is under scrutiny as Congress determines whether the benefit equates to the value provided to local communities.
May 30, 2023
You’ve probably heard that probate should be avoided in estate planning. But what does that mean, and how is it done?
April 25, 2023
Understanding new Section 174 rules is essential for business owners to prevent costly surprises and preserve cash flow.
March 31, 2023
Lenders will be required to compile and analyze more information about small business loan applicants under a new federal rule finalized March 30.
March 28, 2023
Bank collapses in the U.S. aren’t common, but when it happens, it can be a harrowing experience for customers whose money is at risk. Limit your potential losses by remembering these key points of FDIC coverage.
March 22, 2023
For construction businesses, the cost of insurance can be high, but the cost of going without it can be so much worse. Let’s review a few important types of coverage.
March 15, 2023
President Biden’s 2024 budget proposal includes a variety of changes that could impact taxes for individuals and businesses.
February 27, 2023
Higher costs for labor and materials are still putting a chill on profitability for many construction companies. These eight steps might seem simple, but overlooking just one could cost you money.
February 24, 2023
Purchasing a heavy SUV could provide a more generous tax break than a smaller vehicle for business owners.
January 27, 2023
Fraud is an ever-present threat for construction businesses, both in the office and on jobsites. That’s why contractors must leave no stone unturned when trying to prevent it.
January 17, 2023
The cost of goods sold can account for 70% of a company’s expenses, according to recent discussions by the FASB’s Investor Advisory Committee. However, some companies skimp on details around the costs they incur to produce goods. The FASB’s disaggregation of income statement project could change that.
January 16, 2023
Every business can be an innovator. The research tax credit is a way to reward that innovation, and it comes with an intriguing feature related to payroll taxes.
December 18, 2022
The Securities and Exchange Commission advises business owners to keep five key areas in mind when preparing 2022 financial statements.
December 8, 2022
Depending on the nature of your company’s operations, your balance sheet may include inventory totals. Here’s why your inventory system might be flawed and giving you the wrong numbers.
August 11, 2022
(authored by RSM US LLP) The Inflation Reduction Act of 2022 provides significant funding for the IRS over the next 10 years. The IRS is expected to use over half the funds for enforcement. Taxpayers can also expect to see an increase in taxpayer services.
June 10, 2022
The IRS has increased the optional standard mileage rate by 4 cents per mile, its first mid-year mileage rate adjustment in 11 years.
June 2, 2022
With housing and rental property in high demand in cities across the U.S., including Nashville, more and more homeowners are choosing to become landlords. But there are plenty of risks to go with the potential rewards.
May 27, 2022
Medicare bad debts present rural health clinics and other Medicare Part A providers an opportunity to recover reimbursement dollars they might otherwise miss.
May 1, 2022
As the economy rebounds from the pandemic, new construction is getting back on track, too. That can create challenges for construction companies trying to stay ahead of their backlogs.
April 23, 2022
Misunderstanding the complex rules of tracking employee hours can lead to errors, confusion, and wasted hours. Here are a few ways to hold the line for your next construction project.
April 6, 2022
Businesses and nonprofit groups are gradually adjusting to requirements of the new lease accounting standard, such as bringing most leases onto the balance sheet. Since ASC 842 can seem confusing, here’s a quick guide to ease the adjustment period.
February 24, 2022
Being fully prepared and organized can help your financial statement audit go smoothly and ultimately save your business or organization time, money, and headaches.
January 11, 2022
New rules designed to protect consumers will have significant impacts not just on medical facilities, but also on the physicians and professionals who provide non-emergency services there. Here’s what the No Surprises Act means for healthcare providers.
January 7, 2022
If you received a Child Tax Credit or third-round Economic Impact Payment in 2021, watch your mailbox for a letter from the IRS – it will include key dollar amounts that you’ll need to complete your 2021 federal tax returns.
December 10, 2021
The early end of the employee retention credit surprised employers who had been underpaying payroll taxes in anticipation of the tax break. But there’s a collective sigh of relief after news from the IRS.
December 3, 2021
Diversity, equity, and inclusion are buzzwords in modern strategic management. Here are some of the benefits that initiatives in these areas bring to public and private companies and how companies can showcase their progress in footnote disclosures and separate diversity, equity, and inclusion reports.
November 23, 2021
Tax laws could change significantly in the coming weeks, but a few reliable year-end strategies should be at the top of your list as you look for ways to minimize your tax bill.
November 16, 2021
Congress has passed the Infrastructure Investment and Jobs Act after months of debate and negotiation. Find out what tax-related provisions have been built into the new law.
October 13, 2021
The outcome of two big pieces of legislation remains uncertain as negotiations continue in Congress. Here’s a look at the proposed bills and the potential tax law changes that could affect you or your business.
October 12, 2021
The new lease accounting standards changed in 2019 for public companies. Calendar-year private companies that follow U.S. Generally Accepted Accounting Principles must comply with the updated lease rules in 2022.
October 11, 2021
During the COVID-19 pandemic, many audit procedures have been performed remotely, forcing auditors to rely more heavily on analytical procedures. It’s important to understand how auditors use analytical procedures to make audits more efficient and effective.
September 17, 2021
If your business hasn’t already claimed the Employee Retention Tax Credit, now is the time to check on your eligibility. The money can help with the costs you incur in hiring and retaining employees during the pandemic.
September 13, 2021
More than $25 billion of new healthcare funding has been released as part of the Provider Relief Fund, a federal program designed to help providers hit hardest during the COVID-19 pandemic.
September 2, 2021
Have you taken a few minutes to really explore QuickBooks’ report center? It’s the best way to learn about the variety of reports available from one of QuickBooks’ most powerful components.
August 29, 2021
A new FASB update helps clairfy the presentation and disclosure of contributed nonfinancial assets, including land, buildings, and other items, but it does not change existing recognition and measurement requirements for contributed nonfinancial assets.
August 24, 2021
The Office of the Chief Accountant has provided new insight into three of the biggest questions posed in recent months by banks and other financial institutions.
July 23, 2021
If you received a PPP loan, important forgiveness deadlines are approaching quickly. Are you prepared?
July 9, 2021
A new Fed program requires all financial institutions utilizing FedLine solutions to perform an assessment of their compliance with FedLine security requirements and submit an attestation that the assessment has been completed.
July 3, 2021
Tennessee offers a variety of tax-saving credits. Do you know what’s available and how they could help your business?
June 23, 2021
Claim denials can be complicated at most and confusing at best. Conquering the rules and regulations of medical billing and coding is one of the biggest challenges in the fight against denials and clean claim submissions. It’s extremely important that medical practices ensure that claims are filed appropriately the first time.
June 2, 2021
The estimated number of going concerns for the fiscal year 2019 fell to the lowest amount in 20 years, but the pandemic caused financial distress that could bring an end to this downward trend for the fiscal year 2020.
May 11, 2021
Cybercrime isn’t just an issue for big corporations. Your small business can be a target, too. Are you protecting your QuickBooks data?
April 30, 2021
What could President Biden’s tax proposals mean for you? Here’s a brief rundown of the American Families Plan.
April 16, 2021
If your practice has either a full or partial suspension of operations during any calendar quarter in 2020 or 2021 due to a government order, or a significant decline in gross receipts during any calendar quarter compared to the same quarter in 2019, you could be eligible.
April 7, 2021
The value of an internal audit is different for everyone and can change based on circumstances, but a solid framework can provide the conditions necessary to deliver value to you.
March 31, 2021
Eligible businesses affected by the COVID-19 pandemic now have until May 31 to apply for a PPP loan. Here’s the latest updates on the popular loan program.
March 25, 2021
The best choice of entity can affect your business in several ways, including the amount of your tax bill. Although S corporations can provide substantial tax advantages over C corporations in some cases, there are potential tax problems to assess before deciding to convert from C to S status.
March 22, 2021
Is your business taking full advantage of the Employee Retention Credit? Discover how you could make the most of the year-old ERC.
March 18, 2021
Did you resolve to pay bills on time in 2021? QuickBooks offers tools to help you enter, pay, and track them, so you can avoid late payments. Here’s how.
March 17, 2021
Because the new American Rescue Plan Act is such an expansive piece of legislation, it’s likely that you, your family, or your business can benefit from it.
March 12, 2021
The Internal Revenue Service has provided guidance for employers claiming the employee retention credit for 2020 and how it relates to eligibility for the Paycheck Protection Program.
March 11, 2021
The latest COVID-19-related stimulus bill, the American Rescue Plan Act, has passed and awaits signing by President Biden. What does this legislation mean for you individually or as an employer?
March 10, 2021
Medical and dental costs are expensive, and it’s hard to get a tax deduction for them. But you may qualify by including every eligible expense allowed. Here’s what it takes to get a deduction.
February 13, 2021
Tennessee business leaders say their outlook for 2021 has dropped significantly from 2020, according to the latest Tennessee Business Barometer. Although outlook had surged higher in October prior to the election, optimism for a brighter future has now faded.
January 25, 2021
Employee retention credits, PPP loans, business meal deductions, and deferred payroll taxes are just some of the provisions of the latest stimulus package that could affect your business.
January 25, 2021
Learn how provisions of the massive Consolidated Appropriations Act recently signed into law can benefit you and your family.
January 22, 2021
The U.S. Department of Health and Human Services has made changes to the reporting timeline for the Provider Relief Fund Program in light of the recent passage of the Coronavirus Response and Relief Supplemental Appropriations Act.
December 29, 2020
The banking industry rose to the occasion to answer investor questions quickly about potential credit losses on loans during the current economic crisis, according to FASB advisory discussions.
December 22, 2020
A massive new round of federal stimulus spending includes a PPP loan fix, new loan possibilities for small businesses, additional unemployment benefits, and $600 stimulus checks for individuals.
November 5, 2020
New SBA questionnaires request information related not only to the economic condition of the borrower at the time it received the PPP loan but also about its economic experience after receiving the loan.
October 22, 2020
The FDIC has approved an interim final rule to provide temporary relief from the Part 363 Audit and Reporting requirements for financial institutions that have experienced temporary growth due to participation in a variety of federal stimulus activities.
September 18, 2020
Are you self-employed and operate your business from home or perform certain functions at home that are related to your business? You might be able to claim home office deductions on your tax return.
September 2, 2020
The Internal Revenue Service has issued guidance to help businesses implement the Presidential Memorandum issued August 8. The order allows employers to defer withholding and payment of the employee’s portion of the Social Security tax if the employee’s wages are below a certain amount, but it left questions and concerns when it was announced.
August 31, 2020
The AICPA has updated its technical accounting guide to explain how a lender should account for a forgivable loan that a borrower received under the Paycheck Protection Program (PPP). Because of the unique nature of PPP loans, the AICPA has been issuing staff answers to technical accounting questions.
August 7, 2020
As businesses work to recover from the effects of the COVID-19 pandemic, everyone should be on the lookout for opportunities to reduce taxes. One method that manufacturers often overlook is the research and development tax credit.
August 7, 2020
A meticulous approach to keeping business records can protect your tax deductions and help make an audit much less painful.
July 31, 2020
New guidelines have been applied to federal programs established due to the COVID-19 pandemic. As a result, many non-federal entities — including many health systems and hospitals — will, for the first time, be subject to single audit or other audit requirements established in the Uniform Guidance.
July 29, 2020
Kraft Healthcare Consulting LLC president Scott Mertie has been appointed to the board of directors for the Nashville Health Care Council for 2020-2021. Scott is one of 15 new members chosen for the board.
July 25, 2020
Tennessee’s nonprofit organizations will soon be eligible for $150 million in grants as part of COVID-19 recovery efforts. Funds will be issued through the Tennessee Community CARES Program to Tennessee nonprofits that are assisting in relief efforts related to the ongoing health and economic impact of COVID-19.
July 2, 2020
A last-minute extension means small businesses have until August 8 to apply for Paycheck Protection Program funds.
July 1, 2020
Business owners will receive notification starting this week regarding eligibility for financial relief as part of the Tennessee Business Relief Program.
June 23, 2020
Many financial institutions are working with borrowers on loan modifications, but a joint statement from a group of financial institution regulatory agencies details certain short-term modifications due to COVID-19 and the classification rules for troubled debt restructurings.
June 19, 2020
The Treasury Department and Small Business Administration have posted new “borrower-friendly” applications for loan forgiveness under the Paycheck Protection Program.
June 18, 2020
If you have to drive for work during the pandemic, let QuickBooks Online make sure you’re recording all of your deductible mileage.
June 16, 2020
The Tennessee Department of Revenue will issue business relief payments through the Tennessee Business Relief Program to small businesses for costs incurred as a result of mandatory business closures.
June 9, 2020
A change to Section 2302 of the CARES Act removes the exception for business owners who wish to use the tax deferral of the employer’s portion of Social Security taxes.
June 5, 2020
Business owners who received a forgivable loan through the Paycheck Protection Program could get more leeway on how to spend those funds as a result of legislation passed by the Senate and House.
May 27, 2020
Two new interim final rules build upon loan forgiveness application and instruction, but they don’t make changes to the eight-week period during which PPP funds must be spent or the rule requiring PPP borrowers to spend at least 75% of the funds on payroll costs.
May 19, 2020
New guidance helps clear up calculation methods, definitions of forgivable expenses, and the documents that must be submitted with the forgiveness request.
May 14, 2020
The Small Business Administration has taken another step to allow employers more flexibility in repaying their loans under the Paycheck Protection Program.
May 13, 2020
The Small Business Administration’s newest announcement offers relief for some employers whose Paycheck Protection Program loans amounted to less than $2 million.
May 1, 2020
New guidance from the IRS says that normally deductible business expenses will not be deductible as a way to prevent a “double tax benefit.”
April 24, 2020
The just-passed $484 billion Interim Stimulus Plan, among other things, replenishes Paycheck Protection Program funds.
April 20, 2020
Congress provided $349 billion for PPP funds, but that money ran out late last week amid high levels of demand as the coronavirus has forced businesses to scale back or close altogether.
April 16, 2020
Banks and credit unions have some wiggle room under FASB rules when reporting interest income on loans modified as a result of the coronavirus economic stimulus package, an issue critical to earnings.
April 8, 2020
Loans are now available for eligible small businesses through the Small Business Administration’s Paycheck Protection Program. Here are the details about the loan qualifications and terms.
April 7, 2020
The Coronavirus Aid, Relief, and Economic Security Act enacted a variety of changes for financial institutions, businesses, and individuals, including a chance for lenders and borrowers to explore a more streamlined assistance process.
March 26, 2020
The FASB supports a new regulatory statement to push banks to work with borrowers impacted by the coronavirus so that loans can be modified quickly and easily.
March 21, 2020
The Families First Coronavirus Response Act was signed into law as a response to the growing health and economic crises with provisions for paid sick leave and expanded unemployment benefits.
February 27, 2020
The Nashville Business Journal’s annual list recognizes the area’s most influential professionals in the healthcare industry.
February 24, 2020
Tennessee business leaders have more positive views of the economy, and they are more optimistic about the future of the economy and their own business, according to a new survey.
December 23, 2019
The latest revisions to the tax code will bring welcome relief to nonprofit organizations.
December 11, 2019
The FASB recently issued amendments to clarify five issues under its credit loss accounting standard.
November 15, 2019
The Securities and Exchange Commission has adopted a rule that would extend the “test-the-waters” provision of the JOBS Act to all companies with the hope that more will consider going public.
November 14, 2019
Equity-based compensation awards can help companies attract skilled workers and boost performance, although at a costly price. A rule change could bring welcome relief.
October 21, 2019
New sales tax collection requirements for remote sellers and marketplace providers took effect Oct. 1, 2019, in several states, including Tennessee.
October 21, 2019
The FASB has approved proposals to delay the effective dates of its leases, credit losses, hedging, and long-duration insurance contract standards.
October 19, 2019
New IRS regulations for the first-year 100% bonus depreciation deduction have been published. Do you know how they might affect your business’s tax bill?
October 8, 2019
Congress has taken a big step toward making it easier and safer for cannabis businesses – and the businesses that serve them – to engage in the mainstream financial services sector.
October 6, 2019
The FASB intends to give smaller financial institutions more time to adopt its new credit loss standard, but banks should not use this as an excuse to delay preparations for the accounting change.
September 21, 2019
There are a variety of cyber vulnerabilities that can impact medical devices, especially as these devices within a hospital or health system become more and more connected.
September 19, 2019
Members of Kraft Healthcare Consulting in Nashville traveled to Boston to learn about innovation at Leadership Health Care’s delegation.
September 5, 2019
Scott’s debut on the NBJ’s annual Most Admired CEOs list follows his recent recognition in the publication’s Power Leaders in Accounting, as well as their Health Care Awards.
August 14, 2019
The London Interbank Offered Rate is the most common reference rate in the global financial markets. But, by 2021, it will have been phased out in response to a series of scandals.
July 25, 2019
Are you ready to schedule a security audit so that you can ensure your practice is protected before back-to-school season? Now is the time to make that audit happen.
July 23, 2019
Starting a new business is an exciting but often expensive journey. Fortunately, many start-up expenses can be deducted on your tax return, but some may have to be amortized over time instead of being taken right away.
July 11, 2019
New guidance from the FASB means that nonprofit groups can use the same methods available to private companies for reporting goodwill and certain identifiable intangible assets after a merger or acquisition.
July 9, 2019
New patient check-in codes can have a significant impact on healthcare practices, especially those that offer specialized services.
June 3, 2019
Fast Healthcare Interoperability Resources offers innovative tools that ultimately allow patients to control their health data, free up office staff, and help create an opportunity for overall independence.
May 13, 2019
Are you interested in joining the growing ranks of plug-in electric vehicle owners? If so, there’s a federal income tax credit that might incentivize your shopping.
April 1, 2019
Find the right blockchain applications for your healthcare business workflows or operations to boost competitiveness and profitability.
March 12, 2019
The third-year survey gives manufacturers and financial leaders insight into the business climate so they have a better idea of what’s to come.
March 7, 2019
KHC’s Scott Mertie teamed up with the AIHC to create a specialized training program and credential for cost reporting professionals.
February 1, 2019
Final IRS regulations on the qualified business income deduction are out. How will they affect your 2018 taxes?
January 26, 2019
Healthcare professionals have made it clear that they’re concerned about cybersecurity, but a few key steps can helps put those minds at ease.
January 15, 2019
Home healthcare providers will face changes because of new Section 199A guidelines, but those changes are based on a variety of factors, including exactly how the entity relates to “the field of health.”
January 14, 2019
Community banks and credit unions will have more time before they’re required to apply the credit losses standard as a result of new FASB guidelines.
January 14, 2019
Owners of manufacturing and distribution companies are often so focused on the here-and-now that planning for future catastrophes may fall through the cracks. But operating without a valid buy-sell agreement can cause financial distress and even tear a company apart if tragedy strikes.
January 9, 2019
With the new year comes the need for small business owners to begin filing their 2018 income tax returns. The TCJA could significantly alter your tax liability compared to previous years. Refresh yourself now on its major provisions.
November 18, 2018
The Tax Cuts and Jobs Act (TCJA) includes a broad range of tax changes impacting both individuals and business entities, including changes that directly impact healthcare companies and physician practices.
September 24, 2018
KraftCPAs team members helped sort and pack more than 20,000 lbs. of food as part of a project with Second Harvest Food Bank of Middle Tennessee on Sept. 21.
September 17, 2018
Reimbursement practices don’t have to be a chore for healthcare providers. Just follow a few simple tips to keep accounts healthy.
June 27, 2018
What goes into medical office accounting? For starters, you can’t manage what you can’t measure, so create statements that are meaningful for the practice. That’s just one of several helpful takeaways from the monthly chat with the Nashville Medical Group Management Association.
May 11, 2018
Less than two months into President Donald Trump’s White House tenure, the Nashville Health Care Council’s Leadership Health Care (LHC) initiative led a group of more than 100 healthcare leaders on its annual two-day delegation to Washington, D.C.
January 26, 2018
With the continual arrival of new regulations and standards governing the healthcare industry, it is imperative for healthcare providers and hospitals to have an effective compliance plan in place.
January 24, 2018
Fraud can have a major impact on a company’s value. In their 2016 Report to the Nations on Occupational Fraud and Abuse, the Association of Certified Fraud Examiners (ACFE) estimates that companies lose approximately 5 percent of revenues to internal theft and financial misstatement each year.
December 8, 2017
As financial institutions face increased regulatory scrutiny and mounting risks, a robust risk assessment process and internal audit function are essential to help protect the bank, its management and board.
October 11, 2017
Scott R. Mertie of Kraft Healthcare Consulting, LLC (KHC) was selected by the German American Chamber of Commerce® of the Midwest, Inc. (GACC Midwest) to participate in an exclusive international health and technology delegation in Germany.
August 28, 2017
MACRA (Medicare Access and CHIP Reauthorization Act) requires all clinicians who 1) bill Medicare more than $30,000 in Part B-allowed charges, or 2) provide care for more than 100 Medicare Part B beneficiaries to report specific data under the Quality Payment Program via either MIPS (Merit-based Incentive Payment System) or an Advanced Alternative Payment Model (APM).
July 14, 2017
Income and losses from investment real estate or rental property are passive by definition — unless you’re a real estate professional. Why does this distinction matter?
June 8, 2017
Any entity that handles health information or other sensitive data should be intimately familiar with HIPAA, HITECH, and HITRUST.
May 24, 2017
Healthcare systems are seeing global transformation, with governments and providers trying to reconcile increased costs with rising demand for greater accessibility and higher-quality care. In March, Scott Mertie, president of Kraft Healthcare Consulting, LLC, participated in the Nashville Health Care Council’s 2017 International Health Care Study Mission to the United Kingdom.
May 15, 2017
KraftCPAs has earned the designation of HITRUST CSF Assessor through the Health Information Trust Alliance (HITRUST).
April 21, 2017
Is your practice experiencing a decline in net income? Do daily operations feel chaotic with complaints from patients about wait times, billing, etc.? Perhaps your practice is running smoothly enough, but you feel that things could be better.
April 16, 2017
Operating a nonprofit in today’s environment is challenging; increasingly, organizations are finding solutions through collaboration.
December 16, 2016
Leadership Health Care (LHC), an initiative of the Nashville Health Care Council to nurture the talent of Nashville’s emerging health care leaders, has announced its 2016 award winners in the categories of Health Care Emerging Leader of the Year, Ambassador of the Year and Supporting Organization of the Year.
November 3, 2014
Throughout the years, Scott Mertie, president of Kraft Healthcare Consulting, LLC (KHC), has attended healthcare delegations to China and multiple European countries that have government-run healthcare systems. While Scott was visiting the Republic of Cuba on a personal excursion earlier this year, he envisioned a trip where the activities would allow him to explore the country’s national healthcare system.
April 30, 2013
Scott Mertie was part of a delegation of approximately 30 healthcare leaders to visit Paris in April — a trip spearheaded by the Nashville Health Care Council (NHCC).
December 21, 2012
Leadership Health Care (LHC), an initiative of the Nashville Health Care Council to nurture the talents of future health care leaders, has announced its 2012 award winners in the categories of Health Care Emerging Leader, Volunteer of the Year and Supporting Organization of the Year.
June 14, 2010
Scott Mertie traveled to London, England and Edinburgh, Scotland on a Health Care Study Mission.
November 11, 2009
Scott Mertie and Kevin Crumbo accompanied Governor Bredesen and Economic Community Development Commissioner Matt Kisber on individual trade missions to China and Japan.