Is Outsourcing Right For Your Medical Practice?

Is Outsourcing Right For Your Medical Practice?

In a rapidly changing healthcare climate, it pays to put all options on the table when considering improvements to your practice. Some of the ways you’ve traditionally done business may be holding you back. Perhaps it’s time to consider outsourcing some activities to...
How to Mitigate the Risks of Telemedicine

How to Mitigate the Risks of Telemedicine

According to a July 2021 update by McKinsey & Company, telehealth surged in the United States to a peak in April 2020 of about 78 times higher than before the pandemic. It then dropped, stabilizing at about 13% to 17% across all specialties — which is about 38...
FASB’s New Statement of Activities Requirement

FASB’s New Statement of Activities Requirement

The Financial Accounting Standards Board (FASB)’s Not-for-Profit Advisory Committee has made amendments to Accounting Standards Update (ASU) 2020-07 – Not-For-Profit Entities (Topic 958): Presentations and Disclosures by Not-For-Profit Entities for Contributed...
The Challenges of Cryptocurrency

The Challenges of Cryptocurrency

Donations of cryptocurrency are on the rise. If your non-profit has not encountered this yet, it most likely will at some point in time. Cryptocurrency can be obtained in various ways, but a common method is transferring from one cryptocurrency “wallet” to another. If...