Generally Accepted Accounting Podcast

022 - Fun with Allowable Costs and Activities and Medicare Advantage Plans


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Our managing shareholder, Mark Lyons, is back as we continue our healthcare series. This time, we start with Medicare allowable costs and activities. And then, we enter into the seedy underbelly of Medicare Advantage Plans. … OK, it’s not all that seedy, but it sure makes things complicated for critical access hospitals. Anyway, you’ll learn about the difference between allowable costs and activities vs. unallowable costs and activities (turns out, those are not illegal things), different kinds of cost centers, and why Mark gets pretty fired up when it comes to TVs and telephones in hospital rooms. So, listen in to learn more!

Hospitals are dropping Medicare Advantage plans left and right

Trouble with Medicare Advantage Plans

High-level info about cost reports

...more
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