Impact of Employer-Paid Benefits on Physician Compensation: How Much is Too Much?
In the years since the Stark Law began regulating physician-referral relationships, the healthcare industry has witnessed the rapid rise of physician employment. Relative to this law, ensuring that compensation paid to employed physicians is within fair market value (FMV) is one of the most important legal and compliance concerns for many healthcare organizations. The role […]
www.pyapc.com/insights/impact-of-employer-paid-benefits-on-physician-compensation-how-much-is-too-much/
What Makes Governance: Non-Profit
Good governance is one of the hottest topics in the nonprofit world these days. Although the Sarbanes-Oxley Act of 2002 (SOX) was passed to regulate for-profit businesses, nonprofits have been strongly encouraged to adopt certain SOX regulations, including a conflict-of-interest policy and financial statement review guidelines. More recently, the IRS has revised Form 990 to […]
www.pyapc.com/insights/what-makes-governance-non-profit/
Audit and Accounting Update
Pershing Yoakley & Associates, P.C., is pleased to present the following Audit and Accounting Update. This update is designed to provide direct access to current audit and accounting information that is relevant to you. FASB Activities FASB and IASB Tentative Agreement on Lease Accounting Approach In 2009, the Financial Accounting Standards Board (“FASB”) and […]
www.pyapc.com/insights/audit-and-accounting-update/
PYA Earns Sixth “Top Workplace” Designation; Marty Brown Named Top Leader
For the sixth time, PYA has earned the designation of “Top Workplace” by Knox News. Additionally, PYA President and CEO Marty Brown received a 2024 Knox News Top Workplaces Leadership Award. PYA is the only accounting and professional services firm named in the midsize category. The Top Workplaces designations recognize companies in East Tennessee that […]
www.pyapc.com/insights/pya-earns-sixth-top-workplace-designation-marty-brown-named-top-leader/
PYA Announces Expansion of Leadership
PYA is pleased to announce the promotions of Kathryn Good and Trevor Brown, Audit and Assurance Senior Managers, to Audit and Assurance Principals and Nina Eiler, General Counsel and Director of Litigation Support, to Principal. Good, Brown, and Eiler will join the PYA ownership team. The firm also announces the promotions of Audit and Assurance […]
www.pyapc.com/insights/pya-announces-expansion-of-leadership-2024/
A PYA Q&A: HIPAA Compliance with Use of Tracking Technologies
On March 18, 2024, the Office for Civil Rights (OCR) at the U.S. Department of Health and Human Services (HHS) updated its guidance for covered entities and business associates regarding the use of online tracking technologies under the HIPAA Privacy, Security, and Breach Notification Rules. The guidance[1], entitled “Use of Online Tracking Technologies by HIPAA […]
www.pyapc.com/insights/a-pya-qa-hipaa-compliance-with-use-of-tracking-technologies/
PYA Thought Leaders Featured in HCCA Article on State Legislative Action
“Legislative ideas spread like infections, from one statehouse to another,” says Martie Ross, Consulting Principal, in a recent issue of the Report on Medicare Compliance. The national publication is produced by the Health Care Compliance Association (HCCA) to provide updates on compliance strategies specifically pertaining to Medicare. Ross and Senior Manager Kathy Reep are the […]
www.pyapc.com/insights/pya-thought-leaders-featured-in-hcca-article-on-state-legislative-action/
Call Coverage Qualms: The Balancing Act Between Paying Employed and Independent Physicians
Part 1 of a PYA Series: Call Coverage Qualms: Why is Call Coverage So Hard to Value? PYA’s experience in providing fair market value compensation opinions for healthcare provider arrangements spans over three decades. These opinions can range from medical directorships to large system-wide compensation plans for physicians. Every provider arrangement has its challenges, and […]
www.pyapc.com/insights/part-1-call-coverage-qualms-the-balancing-act-between-paying-employed-and-independent-physicians/
A PYA Q&A: Corporate Transparency Act and New Required Reporting
Effective January 1, 2024, the Corporate Transparency Act (CTA) created a new reporting requirement for millions of companies doing business in the U.S. Certain companies must submit Beneficial Ownership Information (BOI) to the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN). The goal of the CTA is to address illicit activities such as money laundering and […]
www.pyapc.com/insights/a-pya-qa-corporate-transparency-act-and-new-required-reporting-2024/
Sumner Honored with Women of Influence Award
Shannon Sumner, Chief Compliance Officer and Managing Principal of PYA’s Nashville office, has received a Nashville Business Journal 2024 Women of Influence Award in the “Top Executive” category. The award program honors the region’s most influential businesswomen in the 10-county region of Middle Tennessee who shape companies, improve communities, and serve as role models for […]
www.pyapc.com/insights/sumner-honored-with-women-of-influence-award/
Understanding and Mitigating the New Landscape of Fraud Risk
Organizations around the world fall victim to fraud when three elements come together: opportunity, motive, and rationalization. Significant and effective fraud has been estimated by the Association of Certified Fraud Examiners (ACFE) to cost organizations 5% of revenue every year.1 The term, “fraud,” is defined as wrongful or criminal deception intended to result in financial […]
www.pyapc.com/insights/understanding-and-mitigating-the-new-landscape-of-fraud-risk/
PYA Recognized as Outstanding Corporate Partner
During the 14th annual Alumni Awards Gala on November 3, the University of Tennessee, Knoxville, Haslam College of Business honored PYA as the 2023 Outstanding Corporate Partner. The gala gathered approximately 400 alumni, faculty, staff, and friends of the college to celebrate three alumni and one business for exemplary support during the year. PYA was […]
www.pyapc.com/insights/pya-recognized-as-outstanding-corporate-partner/
