by John Reisinger | Apr 10, 2017 | Cost Reporting, Financial Fundamentals, Financial Management
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...
by John Reisinger | Mar 29, 2017 | Cost Reporting, Financial Fundamentals, Financial Management
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). This...
by John Reisinger | Mar 19, 2017 | Cost Reporting, Financial Management, MedPac
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...
by John Reisinger | Mar 17, 2017 | Cost Reporting, Financial Analysis, Financial Management
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...
by John Reisinger | Feb 27, 2017 | Financial Analysis, Financial Fundamentals, Financial Management, Home Health PPS Rule
Do HH PPS Payment Rates Impact Your non-Medicare Profitability? Home Health (HH) PPS payment rates to the industry are updated every year by the Centers for Medicare and Medicaid Services (CMS). How often are your non-Medicare payment rates updated? If your Home...
by John Reisinger | Feb 20, 2017 | Financial Analysis, Financial Fundamentals, Financial Management
What to do when there is an error Because unfortunately, this is not an unusual situation for home health agencies! The 1099-MISC received by HHAs is incorrect more often than what one would think! The 1099-MISC Form 1099-MISC is a tax form that is used to report all...
