This course will cover: • Not-for-Profit financial statement standards being updated for the first time in 20 years that will enhance the reporting of expenses both by function and natural classification for all Not-for-Profits and new disclosures on liquidity and more • Exchange transactions for Not-for-Profits and Healthcare may be subject to the new revenue recognition standard through the review of the contracts. • New revenue recognition will significantly affect the practices of most companies and many organizations and is intended to increase financial comparability across industries.

Join us for a timely overview about how health care compliance programs are relevant for assisted living (AL) communities. While AL providers may not participate in Medicare or Medicaid, it is still important to understand fraud and abuse laws such as the Anti-kickback Statute, which can apply when referral and financial arrangements are in place with other Medicare providers such as hospitals, hospices, home health agencies or therapists. This seminar will give an overview of key issues that may arise for AL providers and issue spotting in order to consult legal counsel about proposed arrangements. The Department of Health and Human Services, Office of Inspector General (OIG) and the Department of Justice (DOJ) have published many resources for other health care settings that offer AL providers insight on how to think about prevention and detection of potentially problematic arrangements. Additionally, certain elements of a compliance program may help with meeting state licensure requirements, other state conflict of interest and fraud and abuse laws, and commercial payor/network arrangements.

Learn the potential of LTC Trend Tracker℠ and how it can help Independent Owners harness the untapped power of the data you collect. This session will provide a brief overview of LTC Trend Tracker℠ for 10 or fewer skilled nursing facilities and assisted living communities to understand its quality improvement and organizational performance benefits.

The purpose of this 1 hour webinar is to review the Examiner program, the timeline and process for the 2019 Quality Award review cycle, discuss the different Examiner roles, and answer any questions viewers may have.