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Tuesday, July 7, 2015 Live

Medical Finances: Enhancing Your Value to a Medical Practice (E1507361)

8:30 AM - 4:30 PM EDT

Registration: 8:00 AM EDT

NJCPA Education Center

425 Eagle Rock Avenue,
Roseland , NJ 07068

8 CPE Credits in AA

OVERVIEW

Identify opportunities to provide valuable consulting services in practice management cost structure and collections, and keep pace with changes in health care delivery. Learn the ins and outs of physicians’ revenue recognition and business operations. Major emphasis will be on the Medicare RBRVS rules, changes in physicians’ compensation, current developments in managed care, and dealing with tax-exempt hospital-based medical practices. This program is a MUST for the CPA providing specialized services to physicians.

DESIGNED FOR

CPAs in public practice and business managers of medical practices.

BENEFITS

  • Provide profitable consulting services to physicians
  • Evaluate the effect of the Patient Protection and Affordable Care Act on a medical practice
  • Assist physicians in analyzing and negotiating managed care contracts
  • Understand Medicare and its effect on a typical medical practice
  • Relate revenue coding to diagnostic coding
  • Avoid costly errors in personnel administration
  • Advise physicians about business management strategies
  • Analyze typical medical practices’ business agreements

HIGHLIGHTS

  • The CPA’s role in health care practice
  • Managed care in general
  • Revenue and accounts receivable
  • Medicare - RBRVS impact
  • Financial strategies
  • Cost accounting benefits in medical practice
  • Personnel compliance
  • Full revenue review
  • Typical HMO contracts with physicians
  • Implementing compliance programs

COURSE LEVEL

Intermediate

PREREQUISITES

None

ADVANCE PREPARATION

None

INSTRUCTOR

Don Cochran

Don Paul Cochran, CPA, J.D., CFP, CRC

Don Paul Cochran, J.D., CPA Don has practiced law in both Iowa and Minnesota for 40 years. He is currently in solo practice of law in Apple Valley, Minnesota, focusing on tax, estate planning, and small business organization and management. He was a CPA with the Small and Emerging Business practice of then-Big 8 accounting firm, Touche Ross, in Bloomington, Minnesota, and has served as the Vice President of Tax and CFO with various privately and publicly held companies. He also served as an advanced sales consultant with Securian Financial, Nationwide Financial, and Pacific Life Insurance Company’s Annuity and Mutual Fund division, providing advanced planning support for financial advisors on topics of financial and estate planning for small to medium-size businesses and wealthy individuals.

Don is actively involved in continuing education and other seminars for financial professionals and accountants, on topics related to tax issues for individuals and small businesses; current financial planning and asset transfer; and preparing for and living through retirement. Don is much sought after as a presenter of CPE for seminars sponsored by state societies of CPAs, CPA firms, and other providers of continuing education for financial professionals, and is a featured speaker at several national tax conferences.

Don earned a Bachelor of Science in General Science from the University of Iowa, Iowa City, Iowa, and graduated from the University of Iowa College of Law with his Juris Doctorate. In addition to being a licensed attorney in Minnesota and Iowa, he maintains his license as a Certified Public Accountant. He also attained the designation of Certified Financial Planner® and Certified Retirement Consultant.®

PRICING

$399.00 - Nonmember

$299.00 - Member

Pre-Registration Closed

Online pre-registration for this event is now closed.

ADDITIONAL OPTIONS

Print a registration form

COURSE DEVELOPER

Nichols Patrick CPE, Inc.
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