What Every HHA Owner, Executive and Preparer Should Understand Before the Report Is Signed Why accounting-basis errors, improperly reported costs and visits, and inadequate preparation can create exposure far beyond Medicare reimbursement Every Medicare-certified home...
As we are now entering cost reporting season for most Medicare-certified organizations (and for all with a 12/31/xx year-end), I wanted to share this information with those who need to know this. Did you know that almost all Medicare Cost Reports are required to...
Choosing an improper cost accounting methodology is one of the most common errors when preparing an agency’s Medicare Cost Report.
The Home Health Cost Report The Home Health Medicare Cost Report is a document that must be completed and filed annually by all home health agencies (HHAs). Failure to do so can result in the termination of all cash-flows from the Medicare program and can also...
There was a fairly significant change to the Medicare Home Health Cost Report for 2016. Do you know what that change was? Worksheet S-2-1 Worksheet S-2-1 is new to the Home Health Cost Report for CY 2016 (i.e., a fiscal year-end of 12/31/16)....
The MedPac Payment Policy Report The Medicare Payment Advisory Commission (MedPac) released their latest Medicare Payment Policy report to Congress on March 15, 2017. There are fourteen chapters and some additional administrative information in this report - see the...
Do You Know Your Medicare Margins? Medicare Margins (as a % of Medicare revenues) have been bandied about for over a decade here in home health. The Medicare Payment Advisory Commission (MedPac) and CMS are the two biggest promoters of this metric. MedPac submits...