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Demystifying the Medicare Cost Reporting Life-Cycle (F)
June 13, 2018 at 1:00 pm - 2:00 pm EDT
The Medicare cost report may seem to be a mere vestige from long-retired, “cost-based” reimbursement, but CMS takes it seriously. In fact, it serves as the basis for ongoing assessment of the SNF payment system. Failure to file a timely & accurate report, and manage the ensuing administrative review process, can impact a SNF’s revenue and pose a significant compliance risk. The cost reporting process follows a seasonal cycle of preparation, submission, audit, response and finalization. This session will review the cycle in detail and explain how to minimize the provider burden associated with the annual filing.