New SNF 2540 Worksheet
Posted on: March 15, 2013
There is a new worksheet that is required on the SNF Medicare Cost Report, form CMS 2540-10. The new worksheet is being called S-3 Part V and is required for cost reporting periods beginning on or after January 1, 2012.
This worksheet requires Skilled Nursing Facilities (SNF) to separately report expenditures for wages, benefits, and hours for direct care staff, breaking out (at a minimum) registered nurses, licensed professional nurses, certified nurse assistants, and therapy staff. The direct salaries information is entered on lines 1-13, column 1 and the contract expense information is entered on lines 14 – 26, column 1. Column 2 allows input for employee fringe benefits (including payroll taxes). Column 3 yields a subtotal of Column 1 plus 2. Column 4 allows input for hours paid. Column 5 then computes an average hourly wage for each line.
FREE Medicare Cost Report Webinar
Posted on: March 14, 2013
Progressive Provider Services recently added an innovative new feature to our HHA Form 1728 software. Instead of tediously plotting the information from the PS&R into the Cost Report, we now offer a feature that allows for all of the information to be imported straight into the software with the touch of a button.
We are offering all of our Home Health software clients the opportunity to see how easy this new feature is to integrate into your Cost Report preparation with a FREE 15 minute webinar demonstration.
Please see http://www.ppsassistant.com/seminars.html for the schedule and to register. Spaces are limited.
Hospital Medicare Bad Debt
Posted on: January 31, 2013
Per the CMS final rule published November 9, 2012, any Hospital Medicare bad debt not claimed with the 2012 Medicare cost report will only be reimbursable at 65%. This rule can be found at the 2012 Federal Register , pages 67518 and 67519. Page 67519 has a clear chart showing the reductions for different providers.
FQHC & RHC Medicare Bad Debt
Posted on: January 30, 2013
Per the CMS final rule published November 9, 2012, any FQHC or RHC Medicare bad debt not claimed with the 2012 Medicare cost report will only be reimbursable at 88%. This 88% percent will be further reduced in the next two years until it is phased in to only 65%. This rule can be found at the 2012 Federal Register , pages 67518 and 67519. Page 67519 has a clear chart showing the reductions for different providers..
SNF Medicare Bad Debt
Posted on: January 29, 2013
Per the CMS final rule published November 9, 2012, any SNF Medicare bad debt not claimed with the 2012 Medicare cost report will only be reimbursable at 65% for private pays and 88% for copays of dual eligibles (those who also have Medicaid eligibility). This 88% percent will be further reduced in the next two years until it is phased in to only 65%. This rule can be found at the 2012 Federal Register , pages 67518 and 67519. Page 67519 has a clear chart showing the reductions.
The 12/31/12 FYE Medicare Cost Reports are going to be due in a few short months. Are you prepared??? Register today to attend one of our comprehensive online seminars and be ready to tackle your Cost Reports! As a reminder, we offer webinars in the following area:
- Home Health Agencies (HHA Form 1728)
- Skilled Nursing Facilities (SNF Form 2540)
- Hospices (Form 1984)
- Rural Health Clinics / Federally Qualified Health Centers (RHC / FQHC Form 222)
Classes are live, via an internet meeting software, and are kept small so participants can have an involved, interactive experience. Register today! Visit us at www.ppsassistant.com/seminars or call (800) 447-2540.
Progressive Provider Services is proud to announce an exciting new addition to our Med-Calc Home Health (form 1728) software. Previously, information from the PS&R needed to be entered manually into the Medicare cost report. Not anymore! Now, with the touch of a button, the PS&R information from the csv file will automatically be populated into the software. This new feature will be a great time saver!
We will be offering a FREE webinar to demonstrate this new and exciting feature to our current and potential software clients. Details of date and time will be posted shortly…
