Posts Tagged ‘Healthcare’
Mark Armstrong Joins Aprio to Lead National Healthcare Practice
Veteran Healthcare Executive Mark Armstrong to Accelerate Practice Growth, Expand Capabilities ATLANTA/NASHVILLE – Jan. 4, 2024 – The No. 1 fastest-growing business advisory and accounting firm, Aprio, LLP, is pleased to welcome seasoned healthcare executive Mark Armstrong to lead the firm’s National Healthcare Practice where he will accelerate the development of the practice to become…
Read MoreThe Opportunities and Tax Implications of Self-Rental Grouping Election
At a glance: Speak to your Aprio tax advisor today. The full story: Many healthcare practitioners purchase medical office buildings to use in their practices. These buildings are often owned by a separate pass-through entity that is legally separate from the practice but maintain common ownership. The medical practice then pays rent to the landlord, the real estate…
Read More6 Healthcare Insights from Q2 2023 and What They Mean for You
The healthcare job market loosened this quarter as the sector experienced increased hiring despite fewer job openings. Ultimately, as the job market cools it will lead to a decline in the rate of wage growth, especially for hospitals and physicians’ offices. Office visits continue to climb while Personal Consumption Expenditures (PCE) for physician services has…
Read More6 Healthcare Insights From Q4 2022 and What They Mean for You
With the global economy battling a large inflationary wave, the healthcare industry has faced its own challenges of wage inflation and increased operating costs. Yet more recent data provides silver linings: the healthcare jobs market appears to be improving, which may subdue the inflationary pressures healthcare providers have experienced. Despite rising costs, the demand for…
Read MoreQualifying for Section 1202: The IRS Provides Clarity on a Taxpayer’s Eligibility
At a glance The main takeaway: In a Chief Counsel Memo, the IRS concluded that a taxpayer’s business of facilitating rental property agreements between lessors and lessees should be classified as brokerage services thus deeming them ineligible for Section 1202. Impact on your business: For a taxpayer to receive the incentives that come with Section…
Read MoreTransaction Advisory Healthcare Experience
New HITRUST Reporting Options Aim to Fill Major Gaps in the Market
At a glance Schedule a consultation today with one of Aprio’s Information Assurance experts. The full story: The Health Information Trust (HITRUST) Alliance will release new reporting options on January 1, 2022, to address issues within the market revolving around the complexity of obtaining a full HITRUST certification. The HITRUST Common Security Framework (CSF) and the…
Read MoreInfrastructure Investment Jobs Act and Build Back Better Act: What’s in these Bills and the Impact on You and Your Business
At a glance: The Infrastructure Investment Jobs Act passed by Congress on November 5, 2021 has been sent to President Biden to sign. Learn about the incentives included and how they may benefit you and who will pay for the benefits. Learn about the new crypto filing requirements that will impact everyone involved in investing…
Read MoreData Security Compliance ROI — What PE Investors Need to Know
At a glance: The full story: According to a recent Gartner Report, the worldwide information security market is expected to reach $170.4 billion in 2022. Data privacy and security compliance cost money. If the appropriate compliance programs are not in place, investors and their portfolio companies face significant risk that can negatively impact valuations and jeopardize…
Read More5 Healthcare IT HIPAA Compliance Options
Aprio is the only top 50 CPA firm with a specialization in healthcare IT and deep experience in HIPAA attestation reporting including SOC 2, ISO 27001, ISO 27701 and HITRUST CSF validated assessment and certification. To identify and achieve the right compliance programs to meet your business needs, contact us today. There are 5 ways…
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