Finance

43 articles
The Future of HR Positions

The Future of HR Positions

The human resources department has historically been responsible for strictly handling administrative tasks that allow day-to-day operations to run smoothly. Originally conceived to pay and recruit employees, HR now plays a significant role in organizational strategy. Thanks to recent advancements in technology that have automated the time-consuming processes that they once faced, modern HR departments are now free to contribute…
How CFOs Can Conquer Their Compliance Issues

How CFOs Can Conquer Their Compliance Issues

For nonprofit Health and Human Services organizations, resources are often limited. In order to provide their patients with quality care, it’s important that organizations remain financially stable and use their hard-earned funds wisely. However, the industry is full of complex regulations that continue to cause executives, especially CFOs, to spend too much time and money trying to prevent or overcome…
Better Budgeting with Position Control

Better Budgeting with Position Control

The landscape of the Health and Human Services industry has changed drastically in recent times. The growing age of U.S population has put a lot of pressure on organizations to meet the increase in industry demands, and executives are scrambling to build their workforce to take advantage of the new opportunities these demands have created. Before executives begin the building…
CFO Insights: 2017 Workforce Management Trends

CFO Insights: 2017 Workforce Management Trends

The responsibilities of modern-day CFOs are constantly changing, and so are their priorities. Today’s CFOs are spending less time in spreadsheets and more time thinking about strategy, people, and culture while simultaneously ensuring their organization’s financially sustainability. Our recent 2017 Workforce Management Trends Survey received responses from Chief Financial Officers from various nonprofit organizations in the Health and Human Services…
Maintaining ACA Compliance for Employers

Maintaining ACA Compliance for Employers

Although the Affordable Care Act (ACA) was passed in 2010, the requirements continue to evolve from the original format. Several changes have been implemented since its enactment nearly 7 years ago. With 2016 behind us, one may think the growing pains associated with ACA compliance would be a thing of the past. However, 2016 was a significant year for the…
The Top 10 Blogs of 2016

The Top 10 Blogs of 2016

As 2017 begins, it’s a great time to reflect on the popular topics and trends of 2016. Each year, DATIS provides leaders in the Health and Human Services industry with original content that focuses on leadership, finance, technology, and workforce management. This content enables our readers to stay on top of industry trends and share best practices. Explore the top…
Understanding the 1094 and 1095 Forms

Understanding the 1094 and 1095 Forms

As we enter the second reporting year for the ACA, it is important that both you and your employees understand what reports are necessary for your organization’s annual filings. What Is The 1095? The 1095 form acts as your “proof of insurance”. There are three different 1095 forms: A, B, and C, and each form is filled out by a…
Managing PRN Costs

Managing PRN Costs

Despite continued efforts of Health & Human Services organizations to reduce labor costs, the challenges of today’s workforce often complicate this objective. Many organizations are struggling with long recruiting cycles, high turnover, and an aging workforce. These factors make it difficult to balance staffing levels and costs. In this environment, many organizations are utilizing pools of PRNs, or on-call staff,…
Regulation Updates in Massachusetts

Regulation Updates in Massachusetts

Recently, the state of Massachusetts took an unprecedented step in an attempt to reduce the wage gap between men and women. According to the United States Census Bureau, women in the United States are paid 79 cents on the dollar as compared to men. These new regulations will go into effect in July of 2018 and may impact employers and…
Managing Labor Costs in a Multi-Dimensional Environment

Managing Labor Costs in a Multi-Dimensional Environment

Labor costs often represent the largest expense in the budget for the Health & Human Services industry. For this reason, effectively managing labor distribution is imperative for maintaining budget compliance, evaluating programs and services, and meeting the complex reporting requirements of funders. However, managing and reporting on labor costs and allocations is often easier said than done. As the industry…