Developmental disabilities occur in more than 5.4 million Americans1 and limit individuals' abilities to care for themselves and earn a living. As a result, many of those affected face a life-long dependence on publicly funded services. To serve these needs, developmental disabilities agencies offer a broad range of specialized services while treating clients with respect and dignity.
The professionals in J.H. Cohn's Healthcare Industry Practice have a long history supporting developmental disabilities agencies. We participate in industry associations such as the InterAgency Council 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.
We understand the constantly evolving regulatory environment creates significant challenges for developmental disabilities agencies. J.H. Cohn specialists help clients devise tailored solutions to improve operating performance, achieve compliance with all regulatory requirements, and develop effective strategies for success in the ever-changing healthcare industry landscape. Our healthcare industry practice helps clients:
- Estimate and ameliorate the fiscal impact of 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 ("ACOs"), health homes, managed care, 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 Association of Councils on Developmental Disabilities