Healthcare Fraud Investigations and Enforcement Expanding—Training for CPAs and Financial Consultants Required

Fraud investigations and enforcement are expanding, and because of such expansion, healthcare providers, and their consultants, must know and understand the risks that exist. NACVA and the CTI have been keeping abreast of the changing dynamics in healthcare valuation profession and have been offering live and online training for over 15 years.

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U.S. Healthcare

Clients expect consultants to have an understanding of the Anti-Kickback Statute, Stark Law, and False Claims Act. Consultants must have an understanding of these laws so they can better assist their clients in this very regulated industry.

Salt Lake City, UT (PRWEB) November 01, 2013

The medical practice arena represents a constantly changing dynamic with unique challenges that certified public accountants (CPA) and other financial professionals must understand in order to effectively perform as either a valuator or consultant for their clients.

“Fraud investigations and enforcement are expanding. Because of such expansion, healthcare providers, and their consultants, must know and understand the risks that exist, how to manage the risks and implement appropriate safeguards and monitoring mechanisms, and report any detected overpayment," says Robert A. Wade, Partner at Krieg DeVault LLP in Mishawaka, IN. "Clients expect consultants to have an understanding of the Anti-Kickback Statute, Stark Law, and False Claims Act. Consultants must have an understanding of these laws so they can better assist their clients in this very regulated industry.” 

At the Healthcare Valuation and Consulting Workshop, December 10-13 in Las Vegas, NV, lead instructor Wade and other foremost healthcare experts will offer unique insights how CPAs and other financial professionals can minimize their clients’ risk and protect against fraud and enforcement actions.

"I enjoyed the industry specificity, relevance to current events, and business climate that was presented. The workshop provided real practice discussion and healthcare specific tips and traps,” states Thomas M. Lohr, CPA, CVA, with Kositzka, Wicks, & Company in Fairfax, VA, who attended a recent Healthcare Valuation and Consulting Workshop.

The four-day Workshop includes the following courses and will be offered December 10-13, 2013 in Las Vegas, NV:

Understanding the Regulatory Environment of Healthcare Reimbursements and Forms of Healthcare Reimbursement

Provider Organizational Structures, Performance Metrics, and Benchmarking

Understanding, Structuring, and Valuing Physician Compensation Arrangements

Advanced Topics and Healthcare Valuation Forum

NACVA and the CTI will also host a live, online Fraud in Healthcare Webinar Week, November 11-15, 2013 where a panel of healthcare financial experts will cover a myriad of issues related to how fraud is being dealt with by the government and other challenges that the healthcare arena will need to manage. The dates and topics for the webinar week are as follows:

Monday, November 11, 2013
Part-Time Employment Relationships—Effects of Toumey and The Sunshine Act

Tuesday, November 12, 2013
Medical Practice Financial Controls (or Lack Thereof)

Wednesday, November 13, 2013
Healthcare Fraud and Abuse—Navigating the Uh-Oh! Issues Facing Healthcare Companies

Thursday, November 14, 2013
Corporate Integrity Agreements—A Key to Understanding Compliance Issues From the OIG Perspective

Friday, November 15, 2013
Fraud and Abuse Issues Related to Complex Fair Market Value Arrangements

Media representatives who would like to attend the workshop or webinar may contact Brien K. Jones at BrienJ1(at)NACVA(dot)com or (801) 677-2009 to obtain a media pass to attend at no charge.

About the NACVA
Headquartered in Salt Lake City, UT, the National Association of Certified Valuators and Analysts (NACVA) is a global, professional association that delivers training from the nation’s leading experts in consulting fields such as business valuation, financial litigation forensics, expert witnessing, forensic accounting, fraud risk management, mergers and acquisitions, business and intellectual property damages, fair value, healthcare consulting, and exit strategies. Along with its training and certification programs, NACVA offers a range of support services, reference materials, software, and customized databases to enhance the professional capabilities and capacities of its members. NACVA is a member of the Institute for Credentialing Excellence™ (ICE™). NACVA's Certified Valuation Analyst (CVA) designation is the only valuation credential accredited by the National Commission for Certifying Agencies® (NCCA®), the accreditation body of the Institute for Credentialing Excellence.

About the CTI
The Consultants' Training Institute is comprised of leading experts in the fields of business valuation, financial forensics and forensic accounting, mergers and acquisitions, healthcare valuation and consulting, and a variety of other related business consulting disciplines. As the most widely respected professional training organization, the CTI combines hundreds of years of practitioner experience with academic insights to produce benchmark training and certification in the accounting and financial consulting industry's hottest growth niches.


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