Technical Advisory and Audit

Technical Advisory and Audit

PURPOSE

The purpose of this committee is twofold. Preparation of position papers on Chapter, as well as national, healthcare financial management issues is the primary function. In this capacity, this committee provides practical advice on a variety of technical issues to organizations, primarily HFMA National, which have identified areas or issues necessitating study. Accordingly, this committee is composed of diverse representation of Chapter membership.

Additionally, the annual audit of the financial records of the Chapter is performed at the close of the fiscal year. The audit ensures that the Chapter funds are managed in a manner consistent with Chapter policies on investments and expense reimbursement.

GOALS AND OBJECTIVES

Serve as the "Chapter Task Force" to HFMA National.

Complete the annual review of the Chapter financial records enabling the Chapter to submit its annual financial report no later than September 30. This review will include the internal controls over Chapter funds to ascertain that they have been handled in accordance with Chapter policies. Accordingly, the committee will recommend to the Board any additional policies that they deem necessary regarding the proper handling of Chapter funds.

Analyze major pending accounting and/or auditing rule changes and advise Chapter membership.

Initiate, when appropriate, Chapter position papers focusing on high priority topics including:

• Coordinate proactive initiative activities of Medicare reimbursement for capital costs and the methodology for incorporation into prospective payment;
• Coordinate proactive initiative activities of Medicaid reimbursement and the potential for reform;
• Coordinate proactive initiative activities of rural vs. urban Medicare reimbursement;
• Coordinate proactive initiative activities of physician payment reform on providers, managed care and physician practices and their interrelationships; and
• Analysis of health care delivery system on a macro basis, i.e., advantages, disadvantages of various configurations, impact on delivery of care, financial position, etc.

Author technical and current event articles for the Chapter newsletter - Vikingland Viewpoint.

Facilitate informational surveys periodically requested by National.