Monthly Archive for: ‘May, 2013’

  • Medicare Cost Report Software Updates

    Medicare cost report software will incorporate legislative and regulatory changes into the new version of the cost report software. This is quite helpful because I am often surprised by the number of updates to the worksheet papers. They are posted at the following link: Cost …

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  • Medicare Bad Debt Auditing: Are You Losing Money?

    We have not previously discussed Medicare bad debts here. The importance of Medicare Bad Debt is simple: you can receive up to 70% for allowable Medicare bad debts. These payments are usually made biweekly (every 2 weeks) and can provide additional revenue that you otherwise …

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  • Medicare Cost Report and Electronic Health Records (EHR)

    The Medicare cost report has gain increasing importance as a result of Electronic Health Records (EHR) incentive payments. There are a number of EHR calculators that will help you determine your Medicare reimbursement, but I want to discuss the data elements needed to calculate the …

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  • Medicare Charges: What does CMS have to offer?

    Interestingly, CMS has recently published charges for more than 3,000 hospitals paid under IPPS. The charges include the top 100 most frequently billed charges during Fiscal Year 2011. CMS says that these “DRGs represent almost 7 million discharges or 60 percent of total Medicare IPPS …

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  • Tax Equity and Fiscal Responsibility Act (TEFRA) on Medicare cost report worksheet D-1

    I’d like to speak briefly about the TEFRA calculations on D-1, Lines 54-59. The Tax Equity and Fiscal Responsibility Act was passed as a ceiling on the rate of increases in inpatient operating costs. It is calculated, in part, by dividing the hospital’s base year …

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