ACCOUNTING & AUDITING and FINANCIAL OPERATIONS FORUM

The Auditing, Accounting and Financial Operations Forum is having a great year!  During the January HFMA Mid-Winter Conference in Orlando, the forum hosted a one hour session to build the platform that will drive the education and communication from the forum.  

Michael Sitowitz, the forum Chair with the assistance of Co-chair Fang Xia conducted a lean six-sigma event using the affinity technique.  Michael is lean six-sigma green belt certified and believes that the voice of the customer is the best approach to get the forum going.  

During the session, the following topics rose to the top of the list for future education sessions:

  • Clinically Integrated Networks
    • Bundled Payments/CJR
  • Forecasting & Analysis
    • Continuous Budgeting
    • Rolling Forecasting
    • Key performance indicators and benchmarks
    • Physician Forecasting
  • Regulatory
    • Tax Returns
    • Stark Laws
    • Cost Report
  • Physician Practices
    • Score Cards
    • Guaranteed Monthly Payments  
    • Compensation strategies that are sustainable
    • Cost Accounting
    • Value Based Risk Pool/Gain Sharing
  • Service Line Reporting and Analysis
    • Cost Accounting
    • Break Even Analysis
    • Margin Improvements

Please continue to provide your feedback so that we may continue to deliver what our members need!. 

Forum Chair:  Michael Sitowitz -  Michael.Sitowitz@parrishmed.com

Co-Chair:  Fang Xia - Fang.Xia@flaglerhospital.org