Cost Report Blog

Fall has definitely arrived!  The weather is getting cooler and leaves are changing colors.  The kids are back in school and are busy learning.  We here at Progressive Provider Services have also been busy with our ‘Back to School’ Fall Medicare Cost Report Seminars.

Solomon Melamed hosted Understanding the Medicare Cost Report for Hospitals.  This seminar was well attended and gave the participants an in-depth analysis of all of the detailed components necessary to complete a Cost Report for a hospital.

Blimi Schwartz hosted Medicare Cost Reporting 101 for Skilled Nursing Facilities (SNF).  This webinar clarified and clearly explained the Cost Report and participants left this informative webinar with a confidence of the various aspects of the Cost Report.

Rachel Vaks was the host for Understanding the Medicare Cost Report for Home Health Agencies (HHA).  Participants were given a background to Medicare and an overview of the Cost Report process.  Then, participants were walked through the actual Cost Report together with the PS&R and given a clear understanding of the many components of the Cost Report.

Cost Report season is approaching quickly and make sure that you’re prepared!  Contact Blimi Schwartz at blimi@ppsassistant.com for more information regarding upcoming Cost Report Seminars.

We are also avaiable to take the Cost Report off of your hands and complete it so that you could focus on the more important aspects of your business.   Please contact Blimi for more information.

Just a reminder of the upcoming

Cost Report Webinars:

Medicare Cost Reporting 101 – For Home Health Agencies

Tuesday- April 28, 2009
12:00pm – 3:00 pm EST

Medicare Cost Reporting 101 – For Skilled Nursing Facilities

Thursday - April 30, 2009
12:00pm – 3:00 pm EST

Reserve your space today by calling 800-447-2540 or by sending an email to blimi@ppsassistant.com

Having just completed our first round of Medicare Cost Report Training Seminars, we are pleased to share just a few of the responses we have received from participants:

     “Very thorough presentation”

     “Very informative”

     “I would strongly recommend this webinar to others”

It is not too late to register for the next round of Spring Cost Report Training Seminars.   For more information or to register, please click here or call our Michigan branch office at 248-968-4100.

ATTENTION!  DATE RESCHEDULED!

Due to popular demand, we are pleased to offer a new Medicare Cost Report Webinar for Hospitals.  Hosted by Solomon Melamed, this webinar will go through highlights of a Hospital Cost Report and will include:

• Overview of Medicare eligibility and benefits
• Reimbursement methodology for PPS, cost reimbursement, TEFRA, and outliers
• Details regarding add-on payments for Medical Education, DSH, Medicare bad debt,and others
• Interplay with Medicaid reimbursement
• Review of the various worksheets of the Cost Report

Friday, March 13, 2009   12:00 – 3:00 PM EST

We are pleased to announce the next season of Cost Report Webinars.  These are perfect for CPA’s, CFO’s, Reimbursement Managers, Finance Managers, Administrators, and anyone involved in the Cost Report Process! 

For more information or to register, please e-mail blimi@ppsassistant.com or call 248-968-4100.

As you are well aware, it is almost time to begin thinking about preparing Cost Reports.  Whether this is your first season or you have been doing this for decades, we are here to help and support you throughout the entire process.

Due to several requests, we are once again offering our informative webinars on Cost Report preparation:

On November 6th and November 11^th, Progressive Provider Services LLC was pleased to provide informative seminars educating participants on how to prepare Medicare Cost Reports. The seminars were all well attended, having participants from California, Utah, Maryland, Florida, Texas, North Carolina, Ohio, Colorado, and Michigan. Progressive Provider’s own Cost Specialist, Blimi Schwartz, hosted the thorough and enlightening seminars and participants came away with not only a Certificate of Completion but even more so with a new confidence in the preparation of Medicare Cost Reports. As one participant commented, “Before the seminar, I felt very unsure of myself but now you have given me a greater understanding of all that the Centers for Medicare & Medicaid Services (CMS) require. Thank you!”

For all those who missed this opportunity, Progressive Provider Services has several future seminars in the planning. Please e-mail blimi@ppsassistant.com or call (800) 447-2540 to see when the seminar you are interested in is being offered or to set up a private, customized seminar to meet your specific needs.

Are you interested in learning how to prepare a Medicare cost report?
Have you attempted to complete a Medicare cost report but ‘hit a brick wall’?
Have you wondered about how to transfer information from a PS&R into the cost report?
Have you wondered how to categorize your trial balance and financial information onto the cost report?
Are you curious about the who, what, when, where and hows of cost report filing?
If you’ve answered ‘Yes’ to any of these questions . . .
THIS WEBINAR IS FOR YOU!!!!!!!!

Subjects Covered:
Basic rules and regulations on Medicare benefits.
Medicare reimbursement
Flow of cost report worksheets
PSR data
Electronic filing
Financial and statistical data
Filing requirements

Medicare Cost Reporting 101 – For Skilled Nursing Facilities
When: Thursday – November 6, 2008
Time: 12:00- 3:00pm EST

Medicare Cost Reporting 101 – For Home Health Agencies
When: Tuesday – November 11, 2008
Time: 12:00pm – 3:00 pm EST

Medicare Cost Reporting 101 – For Hospice
When: Tuesday – November 18, 2008
Time: 12:00pm – 2:00 pm EST

Back by popular demand- we now have two webinars schedules.

When: Wednesday, March 26, 2008 and Monday May 5, 2008

Time: 12:00-3:00pm EST

Place: The Comfort of your home of office!

Price: $175

We are now offering a webinar titled “Understanding the Medicare Cost Report for Home Health Agencies”.

When: Wednesday, February 27, 2008.

Time: 12:00-3:00pm EST

Price: $175.

Place: The comfort of your home or office (all you need a phone and a computer with internet access)!