Long-Term Care & Senior Living Insights

You won’t have to bring us up-to-speed. Our work serving long-term care and senior living organizations means that you will have the industry knowledge you need to help navigate your regulatory landscape, and solutions that meet or exceed your needs.

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You won’t have to bring us up-to-speed. Our work serving long-term care and senior living organizations means that you will have the industry knowledge you need to help navigate your regulatory landscape, and solutions that meet or exceed your needs.

Our Insights

At blum, we believe that learning is a never-ending pursuit. That is why our team is committed to discovering and developing the knowledge we need to meet the emerging challenges of our clients. Our insights section is filled with the collective expertise of our team of experts from articles and webinars to tools and live events. We are focused on helping our clients stay up-to-date on the latest developments affecting their businesses—from accounting and tax, to business planning, technology resources, cybersecurity and more!

The Six Fatal Points of Implementation Failure for FASB New Lease Standard

Article

Connecticut Tax on Pass-through Entities

Article

Highlights of the Section 199A Proposed Regulations

Article

Tax Reform Impact on the Construction Industry

Article

Long Term and Senior Care Overview

Video

The New Leasing Standards and The Implementation Challenge

Article

Final Regulations Targeting Tax-Motivated Inversion Transactions

Article

Up Next for Congress: Tax Reform 2.0

Article

Revenue Recognition Standard – Price Concessions

Article

New 20% Deduction for Pass-Through Business Income Under New Tax Law

Article

Contract Modification Under the New Revenue Recognition Guidance

Article

Trump, House GOP Lawmakers Discuss Tax Cuts 2.0

Article

Artificial Intelligence in Healthcare Marries Machine Learning with Human Expertise

Article

The Amended Massachusetts Equal Pay Act (MEPA) Takes Effect July 1st, Have You Completed Your Pay Equity Assessment?

Article

Strategies for Controllers: Making the Case for Upgraded Accounting Software

Article

Retirement Plan Comparison 2018

Tool

Accounting for Warranties Under the New Revenue Recognition Standard

Article

Strategic CFOs are at the Vanguard of Accounting

Article

New Connecticut Tax on Passthrough Entities – Effective January 1, 2018

Article

Revenue Recognition Standard – Disclosure for Private Companies

Article

5 Signs You Need Outsourced Accounting

Tool

blum's Intervention With the IRS Results in Avoidance of Significant Tax Adjustment

Success Story

Trump Signs Bipartisan Budget Act; Tax Extenders Included

Article

CCRC Accounting Guidance Update

Article

Stop Wasting Time Managing Multiple Offices or Franchises

Article

Tax reform could have ‘chilling effect’ on charitable donations

Article

Improving Efficiency by Automating Workflows

Article

The Biggest Impacts of Tax Reform on the Long-term Care Industry

Article

Tax Reform Central

Tool

Discovery of Two Recent Security Flaws Puts Nearly All Devices at Risk

Article

Tax Alert – Tax Reform and Exempt Organizations

Article

What Exactly Is a Lease?

Article

Will the New Accounting Leasing Standards Affect Your Credit Arrangements?

Article

Does Your Finance Department Use Too Many Spreadsheets

Article

Best Practices for Your Tax-Risk Function

Article

Revenue Recognition Standard – Are You Ready?

Article

Is a Captive Insurance Company Right for Your Business?

Article

Succession Planning Best Practices

Article

Tips to Prepare for the Employee Benefit Plan Year-End Audit

Article

How Will Medicare Changes Impact Your Skilled Nursing Facility’s Profitability?

Article

Proposed CHARITY Act Legislation Aims to Encourage Charitable Giving

Article

Does Your 401(k) or 403(b) Plan Need an Audit?

Article

Top Trends for Managing Not-For-Profits

Article

Major Changes Proposed for Audits of Employee Benefit Plans

Article

Liquidation Basis Accounting Standards for Employee Benefit Plans

Article

Using the Right Financial Metrics to Improve Your Non-Profit's Success

Article

The Top 5 Critical Internet Security Controls Your Company Must Have

Article

Senate Unveils Better Care Reconciliation Act of 2017

Article

6 Reasons to Move Your Financials and ERP System to the Cloud

Article

Cybersecurity Awareness Training Best Practices Checklist

Tool

High Connecticut Corporate Income Tax Remains a Challenge for Doing Business in Connecticut

Article

Ten Signs Your Organization Needs Outsourced Accounting and Finance

Article

The Truth About Two-Step Verification

Article

Using Real Time Data Analytics and Visualization Tools to Drive Your Business Forward

Article

Measuring What Matters: Non-Profit Financial Metrics for Success

Webinar

Phishing for W2’s: Cybersecurity Warning for Your Taxes

Article

Digital Transformation Questionnaire

Tool

Massachusetts Nursing Facility Direct Care Add-On

Article

Tax Exempt and Government Entities Group FY2017 Work Plan - Part 2

Article

Raising Awareness and Avoiding Cyber Threats This Holiday Season

Article

The Tax Exempt and Government Entities Group (TE/GE) Releases New Tax Procedures for Examinations of Tax-exempt Organizations

Article

More Disaster Victims in Florida, North Carolina, and Virginia Qualify for Tax Relief

Article

Year-end planning: What can non-profits do now to prepare for 2017?

Article

Implementation of ASU 2016-14 Not-for-Profit Entities (Topic 958), Presentation of Financial Statements of Not-for-Profit Entities

Article

Looking Past Election Day: Tax Reform on the Horizon

Article

The Tax Exempt and Government Entities Group Releases 2017 Work Plan

Article

Internet of Things Modern Application Development

Article

Welcome to the Revolution

Article

401(k) and 403(b) Audit Checklist

Article

Fall Brings Significant Changes to Federal Tax Law

Article

Watch our Video: Cybersecurity Risks for Non-Profit Organizations

Video

Training Your Employees on Cybersecurity

Article

How to Select an Auditor for Your Employee Benefit Plan

Article

Phishing, vishing, smishing, pharming...Say What?

Article

Stop Phishing Emails in Their Tracks: Four Tips to Spot Phishing Emails

Article

Cybersecurity Risk Management: Is My Organization at Risk for a Cyber Attack?

Article

Securing Medical Records From Cyber Attacks is Imperative

Article

8 Lessons Learned from History's Biggest Cyber Attacks

Article

When Does Your Retirement Plan Need an Audit?

Article

Cyber Security Basics: 10 Easy Ways to Protect Your Computer Network from Viruses and Attacks

Article

FASB Issues Much Awaited Not-For-Profit Financial Reporting Standard

Article

Why "the Cloud" is All Sunshine for Non-Profits

Article

Download: Employee Off-boarding Checklist

Tool

Proposed Treasury Regulations Would Limit Valuation Discounts

Article

The Basics of Cloud Computing

Article

Five Industries with Growing Cybersecurity Needs

Article

Is Your Employee Benefit Plan Doing the Most for You and Your Employees?

Article

Finding business value in the cloud.

Article

Setting Executive Compensation: How Much is Too Much?

Article

What is Bitcoin? And Other Bitcoin Basics Explained.

Article

7 Reasons You Should Consider Outsourcing Your Finance and Accounting

Article

Employers Need to Prepare Now For New Federal Overtime Guidelines

Article

Are mobile phones your biggest weakness to cyber threats?

Article

You’ve outsourced your IT, but are you really “all set”?

Article

Intacct: Outsourced Solutions with an In-House Feel

Article

Why You Had To Pay the Ransom

Article

Cybersecurity Awareness Resources Becoming More Prevalent – Will New England Follow Suit?

Article

Bring Your Own Device Best Practices Checklist

Tool

Cybersecurity Best Practices Checklist

Tool

Municipalities, Schools and Non-Profits Need To Protect Against Cyber Attacks

Article

What are the responsibilities of individual non-profit board members?

Article

Ransomware - The New Pandemic

Article

The Importance of Your Benefit Plan Auditor Highlighted by the Department of Labor

Article

Top Seven Responsibilities of Non-Profit Boards

Article

5 Questions to Ask Your Employee Benefit Plan Auditor

Article

Applied Machine Learning: Optimizing Patient Care in Hospitals, Profitably

Article

IRS Audits on the Rise for Tax Exempt Organizations

Article

How Can You Sleep At Night?

Article

Are Your Front and Back Office Communications Creating a Sales Bottleneck?

Article

It’s Tax Time Again and the IRS Sent Me a Personal Identification Number

Article

Knowing Your Pension Plan’s Fiduciary Responsibility

Article

Revenue Recognition Step 5: Recognize Revenue When/As the Entity Satisfied a Performance Obligation

Article

New Partnership Promises to Streamline Processing and Improve Payroll Expense Visibility for CFOs

Article

State Registration Requirements for Fundraising

Article

Five Reasons Why You Should Replace QuickBooks

Article

Five Reasons Cloud Accounting is Becoming a Top Choice for CFOs

Article

Revenue Recognition Step 4: Allocate Transaction Price to Performance Obligations in the Contract

Article

Recovering Indirect Costs from Federal Grants Under Uniform Guidance

Article

Advertising vs. Qualified Sponsorship Payments

Article

What is Considered Unrelated Business Income?

Article

4 Key Risks of Using Spreadsheets to Track Revenue Recognition

Article

Four Thresholds Massachusetts Non-Profits Should Be Aware Of

Article

Revenue Recognition Step 3: Determine the Transaction Price

Article

DSS Announces 2015 Medicaid Wage Enhancement Program

Article

When BYOD is as Common as a Morning Coffee

Article

FASB Issues Amendments to Plan Accounting

Article

Best Practices for Allocation of Functional Expenses

Article

Ten Tips to Help Businesses Avoid Payroll-Related Fraud

Article

Five Things to Know About The Internet of Things

Article

Best Practices to Keeping Your Board of Directors Engaged

Article

Revenue Recognition Step 2: Identify the Performance Obligation in the Contract

Article

The Time for Family Businesses to Start Thinking About Succession Planning Is Now

Article

Revenue Recognition Step 1: Identify the Contract(s) with a Customer

Article

Five Steps for Recognizing Revenue under New FASB and IASB Standards

Article

Grantee Implementation of Federal Uniform Administrative Requirements, Cost Principles and Audit Requirements

Article

Formulate Essential Data Governance Practices

Article

Payroll Fraud – An Often Overlooked Risk and How to Address It

Article

Department of Health and Human Services Plans Shift to Value-Based Payments for Nursing Homes

Article

990 Policy Compliance Series - Compensation Policies

Article

990 Policy Compliance Series - Conflict of Interest Policy

Article

990 Policy Compliance Series - What is an Independent Board Member?

Article

Retirement Plan Sponsor Best Practices

Article

990 Policy Compliance Series - Ensuring Transparent Governance and Operational Policies

Article

ASU 2015-01 Eliminating Extraordinary Items

Article

Reminders on 403(b) and 401(k) Remittances

Article

Retirement Plan Fund Revenue Equalization

Article

With Cloud Computing, Security is Paramount

Article

401(k) Trends: Target Date Funds

Article

Communication Between the Business Office and The Board

Article

Using Form 990 for Organizational Improvements

Article

How Interested Parties Learn About Your Non-Profit Organization and How to React

Article

How to Safely “BYOD”

Article

Pension Plan De-Risking Trending Upwards

Article

Phishing Scams – What Should You Look Out For?

Article

Impact of the 2014 Office of the Inspector General Work Plan on the Nursing Home Industry

Article

Seven Reasons to Outsource Your Accounting Practice

Article

Internal Control Checklist for Small Non-Profits: 5 Critical Steps

Article

Revenue Recognition Changes… Are you Ready?

Article

How to Record Non-Cash Donations

Article

Cultivating a Relationship Between the Finance and Development Offices

Article

ZPIC Audits: How Can Your Organization Prepare?

Article

Ask Not What You Can Do for Your Software; But What Your Software Can Do for YOU

Article

Is Cloud Computing Right for Your Company?

Article

Five Questions to Ask Before Joining a Board

Article

Written Acknowledgements for Donors

Article

How to Avoid (or Survive) a Benefit Plan Audit

Article

Five Steps to Prepare for a Financial Statement Audit

Article

Treasury Set to Develop New Retirement Savings Vehicle: myRAs

Article

HIPAA Compliance: When Was The Last Time?

Article

FASB Issues New Standards to Simplify Private Company Accounting for Goodwill and Interest Rate Swaps in Certain Instances

Article

OMB Issues Final Guidance Revising Grantee and Auditor Requirements

Article

Update on The Non-Profit Financial Reporting Model

Article

Two Things Your Employee Benefit Plan Cannot Live Without

Article

Should Your Employees Bring Their Own Devices to Work?

Article

New Compliance Tool to be Available Soon for Skilled Nursing Facilities

Article

Performing a Risk Assessment for Non-Profit Organizations

Article

IRS Focuses on Group Exemption

Article

Compliance Programs Mandatory for Skilled Nursing Homes and Nursing Facilities in 2013

Article

Financial Reporting Update

Article

How to Foster an Effective Non-Profit Board of Directors

Article

IRS Exempt Organization Division Publishes 2013 Workplan

Article

The Mercer Report on the State of Connecticut Medicaid Long Term Care Demand Projection

Article
Load More Insights

What our Clients Say

As the president of a long-term care continuum I was challenged in the process of creating internal controls, streamlining our accounting processes and implementing best practice procedures and methods. blum came on board to handle the accounting functions, and when my controller left the organization I increased their responsibilities. I get all of the benefits of a talented accounting team without the expense of a full-time employee. They understand our unique needs as a not-for-profit provider and are extremely responsive to our concerns and are patient in answering our questions. They are professional, organized, and have established systems so that our monthly, quarterly and year-end processes provide the information that ensures our annual audit and corporate reporting goes smoothly. I know now I have valid and accurate information that gives me the confidence to make the right decisions for our business.

- Patricia Morse, President & CEO, CT Baptist Homes

I have been dealing with Patrick McAssey for the past eight years as the lead accountant for blum. He takes the time to explain tax returns as prepared by blum. While he has usually been able to clarify questions immediately, he has not hesitated to do further research or get assistance for items which he is not fully informed on. This helps us to have true faith in the answers that we are getting from him, which is extremely important due to the many filing requirements imposed on nursing facilities. When a report is completed we have the confidence that it has been done correctly.

- Joseph Durand, Controller, Hopkins Manor

Our Experts

Our team of long-term care and senior living professionals is more than a staff of accountants and consultants. We’re trusted advisors who are deeply involved in the business of healthcare.

Learn More

Our Solutions

You won’t have to bring us up-to-speed. Our work serving long-term and senior care organizations means that you will have the industry knowledge you need to help navigate your regulatory landscape, and solutions that meet or exceed your needs.

Learn More

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