The
Home Care and Hospice Financial Managers Association (HHFMA)
is a professional organization which brings together individuals
who work for consulting, planning, management, financial or CPA
firms along with the Chief Financial Officers, Chief Operating
Officers and Chief Executive Officers who are employed by the
nation’s 25,000 home care agencies and hospices.
The National Association for Home Care & Hospice
and the Home Care & Hospice Financial Managers Association released
The Uniform Chart of Accounts. The purpose of creating a uniformity of financial
reporting, Medicare cost reporting and financial analysis will allow for
accurate data collection and analysis that can be used for improved business
management and in advocacy efforts with the Center for Medicare and Medicaid
Services (CMS) and Congress. The Uniform Chart of Accounts provides for
all product lines that are considered to be included under their umbrella
of Home Care.