Lucy Carter's Articles

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.

Several professionals from KraftCPAs and affiliates have been chosen for the Nashville Business Journal‘s 2020 Power Leaders in Finance list.

Vic Alexander, Lucy Carter, Dana Holmes, Scott Mertie, and Gina Pruitt are among Middle Tennessee’s healthcare leaders chosen for the new InCharge Health Care publication.

The six chosen are among 50 from Middle Tennessee selected for the Nashville Business Journal’s annual listing of financial industry leaders.

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.”

Vic Alexander, Lucy Carter, Dana Holmes, Scott Mertie, and Gina Pruitt are among healthcare leaders singled out for the new InCharge Health Care 2019 publication.

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.

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.

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).

The Nashville Business Journal (NBJ) recently announced its 2017 list of the finance industry’s “Power Leaders.”

Lucy Carter, CPA, member and practice leader of the KraftCPAs healthcare industry team, led the Healthcare Industry Panel at The Rainmaker Companies SuperConference in June.

The Advance Beneficiary Notice of Noncoverage (ABN), Form CMS-R-131, is issued by providers (including independent laboratories, home health agencies, and hospices), physicians, practitioners, and suppliers to Original Medicare (fee for service) beneficiaries in situations where Medicare payment is expected to be denied.

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.

The members of KraftCPAs are pleased to announce that Lucy R. Carter, CPA, and the team of Carter Lankford, CPAs, P.C., will join our firm effective July 1.