Nationally more than six million adults, children and families with mental illnesses and addiction disorders receive caring treatment to help them lead productive lives.1 Current healthcare reforms offer opportunities and challenges for behavioral health and addiction services agencies to better service their communities.
The professionals in our Healthcare Industry Practice have a long history supporting behavioral health and addiction services agencies. We participate in industry associations such as the Coalition of Behavioral Health Agencies and frequently lecture on how Executive Directors and their staff can overcome their financial and operating challenges so they can focus on achieving their mission.
J.H. Cohn specialists help clients devise tailored solutions to improve operating performance, ensure compliance with all regulatory requirements, and develop effective strategies for success in the ever-changing landscape. Our healthcare industry practice helps clients:
- Estimate and ameliorate the fiscal impact of clinic restructuring, including transition to the Ambulatory Patient Groups (APG) reimbursement system;
- Prepare the Consolidated Fiscal Report (CFR) and ensure appropriate cost allocations and determination of allowable costs;
- Strategize the organization's role in health reform including Accountable Care Organizations (ACO), health homes, managed care and behavioral health organizations, and the Medicare-Medicaid Coordination Office;
- Develop and implement corporate compliance programs, assess high risk areas, and respond to Office of the Medicaid Inspector General audits and inquiries;
- Respond to fiscal pressures created by payment reform and the recommendations of the Medicaid Redesign Team, including dual licensure issues and impact of the Spending and Government Efficiency ("SAGE") Commission; and
- Understand the impact of the Uniform Prudent Management of Institutional Funds Act of 2007 (UPMIFA) on the accounting for endowments.
1. National Council for Community Behavioral Healthcare