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Exciting 2017 Cost Report Seminars
We are excited to release the current list of 2017 cost reporting seminars. Feel free to contact us for more information and learn how to sign-up! We hope you find the additional seminars helpful.
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Medicare Cost Report Instructions for CMS Form 2552-10, Worksheet D-1 and Medicare Cost Report Software
What is worksheet D-1 and how can Medicare Cost Report software help? D-1 is an important worksheet because it summarizes the routine per diem cost for the Medicare and Medicaid programs. It is probably one of the most important cost report worksheets, and of course, …
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Physician Time Studies for Medicare/Medicaid Cost Reports
For those of you struggling to calculate the impact of physician time studies, let me first outline where the physician time studies are used on the Medicare cost report. If you refer to the A-8-2 on the 2552-10, you will find that the instructions state …
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Importance of Cost Basis on the B-1 (2552-10) of the Medicare/Medicaid Cost Reports
The A-series worksheets identify the costs your facility is prepared to report on the Medicare and Medicaid cost reports. First, we start with the trial balance (A), continue to reclassification (A-6), detailing (A-7), and then go to adjustments (A-8/A-8-2). What happens next? At this point …
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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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Direct Graduate Medical Education (GME) – Part 1
The purpose of this post is to discuss direct graduate medical education (GME). I will provide an overview of what is required on E-3, Part IV on 2552-96 or the new E-4 on the 2552-10. GME compensates hospitals for the costs of running a teaching …
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Reconcilition of Outlier Payments: How the Cost-to-Charge Ratio (CCR) Matters
In this post, I’d like to explain what happens when your final settled CCR is different from your priced CCR. I discussed before in the outlier discussion that the ratio of cost-to-charge (RCC or CCR) matters. However, this calculation is used merely to price your …
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