Cost Report Blog

Posts Tagged ‘RHC / FQHC

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..

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.

CMS recently announced changes to the Rural Health Clinic / Federally Qualified Health Centers Medicare Cost Reports.  These changes are effective for Cost Reports with a FYE of 12/31/11 and later.

The following is a highlight of the major changes:

  • Worksheet B, Part I:

Lines 7.01 (Medical Nutrition Therapist) and 7.02 (Diabetes Self Management Training) were added as new position categories.   This was done to facilitate the collection of full time equivalent (FTE) and visit data for RHCs and FQHCs.

  • Worksheet C, Part II:

Lines 18.01 through 18.06 were added to implement section 4104 of ACA which eliminates coinsurance and deductible for preventive services furnished by RHCs and FQHCs, effective for dates of service on or after January 1, 2011.

The Med-Calc Cost Report software is being updated to reflect the changes.


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For all your cost report needs www.ppsassistant.com

PPS Assistant

Progressive Provider Services LLC is a Colorado based health care consulting firm, assisting facilities in Medicare and Medicaid Cost Report preparation and other reimbursement related matters.

DISCLAIMER

The information presented on this blog should not be used as legal, tax, or accounting advice. You should consult with Progressive Provider Services LLC, or other professional advisors, familiar with your particular situation for advice concerning specific financial and/or regulatory matters before making any decisions.
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