As you may have heard, sequestration is now a mandatory withholding of a certain percentage of your Medicare reimbursement. This statistic is now included in your PS&R report (since April 2013). You can copy it from your PS&R into Worksheet D, line 26 of your cost report.
If you have PPS’s Med-Calc software, our automatic PS&R download feature will, of course, populate sequestration into your cost report software together with the rest of your PS&R data at the push of a button!
For more information on sequestration and other cost report requirements, PPS is pleased to offer cost reporting webinars. See http://www.ppsassistant.com/seminars.html for more info.
Upcoming webinar: Wednesday, February 12th 2014 at 11:00 AM EST.