Events

Overview

The Basics of Community Benefit Accounting
Sponsored by CHA and Vizient

Feb. 14, 2017
3 – 4:30 p.m. ET

Accounting for community benefit is as rigorous a process as accounting for all other hospital activities. First developed as a recommended framework by the Catholic Health Association and now required of all tax-exempt hospitals by the Internal Revenue Service (IRS), the community benefit accounting framework marries basic accounting principles and concepts unique to community benefit.

In this webinar Keith Hearle of Verite Healthcare Consulting, author of the CHA accounting and reporting framework and advisor to the IRS on the Form 990, Schedule H for Hospitals, will review guidelines and best practices for accurately and fully accounting for and reporting community benefit.

Objectives

After participating in the webinar, participants will be able to:

  • Understand the basic principles behind accounting for community benefit
  • Identify issues in reporting each of the community benefit categories
  • Avoid underreporting of key community benefit categories and other common errors

The webinar is provided as general information and is not tax or legal advice.


Audiences

  • Community benefit 
  • Finance
  • Mission

Registration

Feb. 14, 2017
3 - 4:30 p.m. ET (Please adjust accordingly for your time zone)

Registration Fee:

CHA members: FREE
Vizient members: FREE
Other registrants: $35

CHA MEMBERS: BE SURE TO LOG IN TO RECEIVE MEMBER PRICING!
Need an account? Sign up today.
Questions? Email CHA or call (800) 230-7823.

VIZIENT MEMBERS: DON’T FORGET TO INSERT THE SPECIAL VIZIENT-MEMBER DISCOUNT CODE TO RECEIVE THE DISCOUNTED PRICING. If you have forgotten the code, contact Terri Scannell at terri.scannell@vizientinc.com or (202) 354-2602.

REGISTER

Speaker

Keith Hearle, MBA
Founder and President
Verité Healthcare Consulting, LLC

Keith Hearle is the Founder and President of Verité Healthcare Consulting, LLC. Keith has nearly 30 years of consulting, management, and policy analysis experience all focused on the healthcare field.

He began his career in the hospital finance consulting practice of KPMG Peat Marwick, then was Vice President at The Lewin Group until 1995. Prior to rejoining The Lewin Group in 1999, he was a Senior Equity Research Analyst for a California-based investment company where he evaluated pharmaceutical, medical device, and healthcare services companies for equity investment. Between 1995 and 1997, he was the Chief Financial Officer for the Public Health Division in the San Francisco Department of Health. He founded Verité Healthcare Consulting in 2006.

In 1989, he developed for the Catholic Health Association ("CHA") the first accounting and reporting framework for hospital community benefit and co-authored the CHA Social Accountability Budget. He also authored the accounting chapters (and worksheets and other materials) in the CHA Guide to Planning and Reporting Community Benefit (2006, 2008, and 2012 editions). He developed a framework for determining “What Counts as Community Benefit,” adopted by CHA in 2007 and has served on CHA’s “What Counts Task Force” since inception.

In 2008, he was asked by IRS officials to draft major sections of the Instructions to IRS Form 990, Schedule H. He continues to work with the IRS on refinements to Schedule H Instructions and changes to federal hospital tax-exemption standards. He also was lead author of “A Form 990 Schedule H Conundrum: How Much of Your Bad Debt Might Be Charity,” published in hfm and which received the Helen Yerger/L. Vann Seawell Best Article Award for 2010.

Keith serves as faculty for the American College of Healthcare Executives, and is a frequent presenter on a variety of community benefit-related topics. He currently is Treasurer of Alexandria Neighborhood Health Services, Inc., a Federally Qualified Health Center that serves a medically underserved population in Alexandria and Arlington Counties, Virginia.

Mr. Hearle has an MBA in finance from Vanderbilt University and a BA in economics from Davidson College.

Certificate of Attendance

A Certificate of Attendance, indicating program contact hours, will be available to program participants upon request after the completion of the event.

To request a Certificate of Attendance, please contact Danette Thompson, (314) 253-3408 with participant name and program attended.

Please note CHA does not offer Continuing Education Units (CEU) for any programs. Participants may submit Certificates of Attendance to relevant organizations that accept proof of contact hours as credit.

These include:

American College of Healthcare Executives: American College of Healthcare Executives (ACHE) members may self-report qualifying CEUs using the contact hour information provided on their CHA Certificate of Attendance. To self-report, log in as a member on the ACHE site; use the link on the left-hand side to self-report applicable contact hours for CEU credit.

NACC Board Certified Chaplains: National Association of Catholic Chaplains (NACC) board certified chaplain members may self-report their continuing education hours (CEH's) using the contact hours information provided on their CHA Certificate of Attendance

For further information regarding Certificates of Attendance, please contact Danette Thompson, (314) 253-3408.

Participant/Site Coordinator Role

As a participant, you will receive dial-in instructions and webinar materials one week prior to the webinar via email. These materials will come to you from "CHA Service Center," so please watch for that email address. Be sure to have these materials ready the day of the webinar so that you can easily access the event and utilize the materials. If you have registered and are convening a group of participants, please consider yourself the "site coordinator" and review the following suggested recommendations for serving in that role on behalf of the group.

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CHA Member Benefit

CHA's webinars are designed to offer timely, convenient, relevant, cost-effective education about key topics and issues.

Can't Participate in the Live Event?

If your schedule doesn't permit you to participate in the live event, please register (FREE for CHA members and VHA members) so that you will automatically receive a link to the archived version of the webinar.

Contact

For more information contact the CHA Service Center or Julie Trocchio, CHA senior director of community benefit and continuing care.