Cash versus Accrual – which methodology to use The Home Health Cost Report was recently revised back in 2020 (vers. 1728-20) coincident with the change over to the PDGM version of PPS. As someone that has been reviewing and/or preparing Medicare Cost...
How to properly budget and use a Forecaster in home health Introduction Budgeting is a basic business/financial fundamental that just about everyone is somewhat familiar with. Forecasting, much less so. Budgeting is where an organization projects out what its...
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)....
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...
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...
This user-friendly, web-based app enables your agency to quickly and accurately project the financial outcome at the beginning of any/all episodes of care regardless of Payor.
