HIPAA: What You Need to Know if You Have Clients in the Healthcare Industry

Date: Tuesday, June 3, 2014
Time: 02:00 PM ET / 01:00 PM CT / 12:00 PM MT / 11:00 AM PT [Prevailing Time]
Presenter(s): Mark Dietrich, CPA, ABV, Speaker and Author
Field of Study: Business Management & Organization
Program Level: Basic
CPE Credit: 1 Credit Hour
Delivery Method: Group Internet-based

No advanced preparation or prerequisites are required for this course.
Watch Recording

Course Description

The HITECH Act made dramatic changes in the manner in which the Health Insurance Portability and Accountability Act applies to advisers and consultants, like CPAs with healthcare clients, such as physician practices. Effective September 2013, the same data security requirements, confidentiality rules and civil and criminal penalties apply to CPAs as apply to physicians! This presents serious challenges to even routine bookkeeping services and especially so for firms engaged in giving advice about medical billing procedures.

In this session you will learn:

• The Health Insurance Portability and Accountability Act or HIPPA - What is it?
• Key Terms
• Protected Health Information (PHI)
• PHI Elements and Examples
• PHI Minimum Necessary
• PHI Data Security Requirements
• Who are Business Associates?
• The Business Associates Agreement: Hidden Liability Risks in a Mandated Document
• Civil and Criminal Penalties

HIPPA: What You Need to Know if You Have Clients in the Healthcare Industry is a one-hour webinar.

Presenter and Moderator Bios
Mark O. Dietrich is a summa cum laude, Beta Gamma Sigma graduate of Boston University where he also earned an MBA with high honors; he holds a Master in Taxation degree from Bentley College as well. Mark has been hired to teach Corporate Finance and Valuation in BU’s Graduate School of Management commencing in the Fall of 2014. He is licensed as a Certified Public Accountant in Massachusetts and holds the Accredited in Business Valuation designation.

A prolific writer, Mark is co-author with Gregory Anderson, CPA/ABV, of The Financial Professional’s Guide to Healthcare Reform; Editor and Contributing Author to the American Health Lawyers’ Association/Business Valuation Resources Guide to Healthcare Valuation 3rd Edition, Editor and Principal Author of Business Valuation Resources Guide to Physician Practice Valuation 2d Edition; and co-editor and contributing author to the American Health Lawyers’ Association/Business Valuation Resources Guide to Healthcare Industry Compensation and Valuation. Mark is also author of the Medical Practice Valuation Guidebook and co-author of Thomsen-PPC’s Guide to Healthcare Consulting along with more than 100 articles on valuation, taxation, managed care and the healthcare regulatory environment.

Mark’s career experience includes serving as partner-in-charge of the annual audit of an 80 physician tax-exempt faculty group practice affiliated with a major teaching hospital, representation of tax exempt and taxable entities in Internal Revenue Service field audits, participation in the development of a 250 physician Network (now part of a major teaching hospital’s delivery system) and negotiation of their managed care and Medicare Advantage contracts, and more than 350 valuation engagements in the healthcare industry, many on behalf of nonprofit hospital clients. He has also served as an expert in qui tam proceedings involving the healthcare industry. Mark has an in-depth knowledge of the healthcare payment and regulatory environment, including such arcane matters as physician billing codes and the impact of the antitrust law on provider payment rates.

A regular and highly-rated speaker at state and national conferences on healthcare reform, valuation and other topics, Mark also lectured in the United Kingdom during 2009, 2011 and 2012 on Managed Care, Healthcare Valuation and on Valuation of Medical Practices to Her Majesty’s Revenue and Customs, and has been invited back to lecture at the Royal Society of Medicine in 2014. He is a member of the Editorial Board of Financial Valuation and Litigation Expert and served as Chairperson of the American Institute of CPA’s (AICPA) National Healthcare Industry Conference for 2012 and 2013. Mark also chaired the AICPA Virtual Conference on the Affordable Care Act in January 2014.

Cost
$25.00 for CPAFMA Members / $40.00 for Non-Members / Free for PAFMs

Delivery System

• All programs are delivered using the Zoom platform.
• Confirmations will include log-in instructions.
• Participants are able to participate using any device with an Internet connect (if the device does not have speakers, the participant can also dial-in) or they can participate with audio only by dialing in.
• All registrants will receive a link to the MAPCast’s recording by email within 48 business hours of event’s conclusion.
• There will be assistance available to help with technical and connectivity issues up to 10 minutes prior to the start of the presentation.

Registration

All registration is done on-line with the names and email addresses of each individual guest. Log-in details will be emailed to all registrants approximately 1-2 days prior to each session.

Refund Policy

CPAFMA will not issue refunds for MAPCasts. If a registrant is unable to participate in the MAPCast and sends written notice to info@cpafma.org 48 hours prior to the session, a credit will be provided for a future MAPCast. Alert the CPAFMA staff member monitoring the MAPCast if technical difficulties are encountered and technical support will be provided to eliminate problems with future MAPCasts.

Additional Information

Live participation is required for CPE credit and polling questions must be answered to show active participation. All registrants will receive an email following the session with links to the slides and/or handouts, and a link to the MAPCast recording (unless otherwise stated). If you are unable to participate in the live session, you can still watch the recorded session, but you will not be eligible for CPE credits.

For more information regarding CPAFMA MAPCasts or administrative policies such as complaint and refund, contact the CPAFMA Headquarters at 937-222-0030, or info@cpafma.org.