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Understanding the Form 990, Schedule J, for Executive Compensation Analysis

The Internal Revenue Service (IRS) required form 990 is an incredible tool for understanding the financial picture of a not-for-profit organization of any type. The reporting burden, of course, is dependent on the size and financial worth of the organization. Small organizations, earning less than $50,000 per year in gross receipts, only need to file a 990 “postcard.” This short-form could be described as a pro-forma exercise to let the government know that the entity…

PDPM Skilled, Reasonable and Necessary Care

According to the Centers for Medicare & Medicaid Services (CMS), the transition to the Patient Driven Payment Model (PDPM) relates to reimbursement only. Clinical care delivery is expected to remain the same. Although there has been a multitude of new information related to calculating the Health Insurance Prospective Payment System (HIPPS) code, which supports reimbursement, there have not been any changes to the Medicare Benefit Policy Manual (MBPM) Chapter 8: Coverage of Extended Care (SNF) Services Under…

F-Tags in Review: F607 Policies for Abuse & Neglect of Residents

This week’s “F-Tags in Review” focuses on F607 – Development and Implementation of Policies for the Prevention, Identification and Training on Abuse and Neglect of Residents. This regulation was identified and implemented in the November 2018 Phase II of the Centers for Medicare and Medicaid Services’ roll-out of new survey procedures.   The intent of this regulation is “…to provide protections for the health, welfare and rights of each resident residing in the facility. In order…