January 6, 2010

Meaningful Use Defined

As promised, the Centers for Medicare & Medicaid Services (CMS) delivered their proposed rule defining meaningful use of certified electronic health record (EHR) technology.  As provisioned in the American Recovery and Reinvestment Act of 2009 (Recovery Act) incentive payments will be available to eligible professionals (EPs), eligible hospitals, and critical access hospitals (CAHs) who can demonstrate meaningful use of EHR technology.

 On December 30, 2009, CMS released their 556 page proposed rule on the requirements for the EHR incentive program (RIN 0938-AP78 and CMS-0033-P).  The major component of this rule is the definition of meaningful use.  CMS is proposing a multiple stage rollout for meaningful use.  Stage 1 is the focus of the current proposed rule.  Stage 1 criteria will be in effect for reporting year 2011.  CMS anticipates that Stage 2 will be implemented for reporting year 2013, and Stage 3 will be implemented for reporting year 2015.

 The proposed Stage 1 criteria for meaningful use focus on electronically capturing health information in a coded format, using that information to track key clinical conditions, communicating that information for care coordination purposes, and initiating the reporting of clinical quality measures and public health information.  The proposed criteria for meaningful use are based on a series of specific objectives, each of which is tied to a proposed measure that all EPs and hospitals must meet in order to demonstrate that they are meaningful users of certified EHR technology.

 For Stage 1, CMS proposes 25 objectives for EPs and 23 objectives for eligible hospitals that must be met to be deemed a meaningful EHR user.  For a detailed listing of the EPs and hospital criteria, please visit our website: www.ddfky.com/HITECH-Act.html.

 In a separate but related proposed rule, the Office of the National Coordinator for Healthcare Information Technology (ONC) released the proposed set of standards, implementation specifications, and certification criteria for EHRs.  Preliminary review of this proposed rule indicates that the standards are primarily based on existing standards and technology.  The intent is to make the goals more achievable in the desired timeframe.  Subsequent rules are expected to follow, with greater detail and steps toward better interoperability.

 Both of these proposed rules will have a 60-day comment period.  The respective agencies will review all comments and make final changes as quickly as possible.  I encourage all interested parties to review the rules and share your comments and concerns with the respective government agency.

 Jason D. Miller

Director of  Technology Consulting

jmiller@ddfky.com

Miller Jason

December 17, 2009

Windows 7

The Microsoft Windows Vista operating system was viewed by many IT decision makers as a training hassle, slow performing, unreliable, and an unneeded cost for businesses and consumers.  Many companies made the business decision not to upgrade PCs from Windows XP to Windows Vista, and large corporations flexed their purchasing power to force major PC manufacturers and Microsoft to continue offering Windows XP for business PCs.   Although this is true, home users were forced to use Windows Vista if they bought a new PC during the last 3 years.   While Microsoft would argue that the Vista operating system was a success, they have put a lot of research and effort into ensuring businesses and consumers alike that it is worth it to upgrade to Windows 7.  Microsoft touts the new operating system as being very stable, fast, user friendly, and generally a must have for all businesses and consumers. 

It has now been a little over a month of sales for the new Microsoft Windows 7 operating system, and the holiday purchasing season is upon us.  Windows 7 commercials are playing quite frequently on primetime (and not-so-primetime) TV, and is no coincidence that Microsoft released Windows 7 near the end of the year.  The company hopes holiday shopping and excess IT department budget spending at the end of the year will deliver strong sales of the new operating system.  Early sales figures suggest this is the case, and most of the technical reviews say it is a much better operating system than Windows Vista.

To better serve our clients, a limited number of employees at DDF volunteered to upgrade their work PCs to Windows 7.  After a month or so of everyday use, we all agree it is much better than Windows Vista and serves as a good replacement for Windows XP.  The PCs seem to boot quicker, the graphics and end user experience are great, and many of the annoying features of Vista are turned off.  That being said, there are a few considerations that must be made prior to moving to Windows 7.

  1. Make sure all your critical business applications run on Windows 7.  Some software companies have not performed full testing of their applications on the new operating system.  Make sure you test your printers as well.  Old printers may not work with the new system. 
  2. Make sure you purchase the correct version of Windows 7.  Businesses should purchase Windows 7 Professional or Ultimate.
  3. Make sure you understand the upgrade process from Windows XP or Vista to Windows 7.  Windows XP users cannot perform an in place upgrade and the included migration tool may not work as well as desired.  Windows Vista users must make sure they purchase the correct Windows 7 upgrade. 
  4. If you are upgrading an existing PC, make sure the hardware is new enough to give you a positive experience.  Older PCs may technically meet the minimum requirements of Windows 7, but the system may run slow.
  5. Make sure you backup all your data before performing an upgrade of your existing PC to Windows 7. 

Dean Dorton Ford’s Technology Consulting Group provides end to end IT services for all sizes of business.  We can help your company with desktop and network support, remote access, strategic IT consulting, software project management, and IT audit services.  If you would like more information about Windows 7 or have any technology questions, please contact Chris Jones at 859-425-7685 or cjones@ddftech.com

Jones Chris

November 19, 2009

End of Year Accounting

The end of the year is fast approaching with a chill in the air.  The holiday season will be upon us before we know.  We all like to avoid last minute shopping and promise ourselves that next year we will start earlier with our shopping list.

You can also avoid the year end rush and deadlines with you business by using a Year-end Checklist.  We hope the Year-end Checklist below will help.  Additional checklists can be found in QuickBooks and other accounting software.

  1. Review all employee information to include current address, social security number, gross wages and fringe benefits.  This makes year end payroll reporting for forms W-2, W-3, 940 and 941 go smoother.
  2. Review Accounts Payable and verify all vendor invoices are posted for the current year.
  3. Review Accounts Receivables and verify all clients have been billed up through year end.  Examine old receivables and consider any write offs as bad debt.
  4. Review payments to vendors for 1099 requirements to include rent, royalties, non-employee compensation over $600.00, and medical and health care payments.   Verify current address, social security number or federal I D number.
  5. Reconcile all bank accounts to include checking, investments, credit card, and loan statements.
  6. Take physical inventory of any stock.
  7. Review all expense accounts to verify all fixed assets have been recorded.  Adjust for any fixed assets that have been sold or replaced.
  8. Back up all data and print preliminary year end reports to include Balance Sheet and Profit Loss Statement.
  9. Meet with your accountant to review year end reports for year end tax planning and future business planning.

Donna Olliges

dolliges@ddfky.com

 Olliges Donna

November 4, 2009

Equine Sales Proceeds

It’s that time of year again when standardbred and thoroughbred sales proceeds are released to consignors for distribution to their clientele.  This can be very hectic for sales consignors.  We encourage you to give DDF a call to see how we might be able to help you with your sales proceeds process.  DDF has employed former farm controllers and Keeneland sales accounting staff that can be of great assistance to you in this particular activity and, currently, we assist several equine clients in distributing sales proceeds. We have developed a unique system of accounting and reporting for sales proceeds that enables the consignor to simply review, sign, and mail proceeds checks. DDF can be a big help to you as a sales consignor, especially once you get into the hectic sales season.  Our staff has direct experience in the equine industry and understands your needs.  Please give us a call today and let’s discuss how we might be able to assist you. 

Thank you.

Melanie Dugas

mdugas@ddfky.com

Dugas Melanie

September 30, 2009

HELP! I am a board member for a local not-for-profit group. Every time I pick up the newspaper, I read about some Executive Director abusing expense reports. What can I do to make sure my name isn’t in the paper?

Filed under: consulting — ddf @ 8:56 am

Great question, and never too late to start worrying!  First, as a board member, you should make sure that the organization has a written policy regarding reimbursable expenses.  The policy should include:

 An explanation of what types of expenses will be paid
 An explanation of what type of supporting information is required (invoice, etc.)
 A statement that expenses not in compliance with policy will not be paid

The organization should have written procedures for the approval and payment of employee expenses.  As a board member, you do not need to review every expense report.  You should, however, be comfortable that a policy is in place (and followed!) to insure that adequate review is performed.  Annual travel should be budgeted, and as a board member you should review periodic comparisons of actual to budgeted expenses.  “Periodic” can be monthly, quarterly, semi-annually, or annually.  A member of the board should approve the expense reports submitted by the Executive Director.  This review should make sure that adequate documents are submitted, and that expenses are reasonable and further the mission of the organization.  For an Executive Director’s significant expenses (high dollar travel, club memberships, etc.), prior approval should be obtained by the board (or its executive committee) and documented in the minutes. 

So, board member, if you are still uncomfortable, let us know.  DDF would be happy to talk with you about how we can help assess the risk your organization may face.  Through inquiry, observation, and testwork, we can assess whether you have an adequate policy, AND whether or not it is followed!