For Which Dates Should I Request My PS&R?

For Which Dates Should I Request My PS&R

Here is a great tip when requesting the PS&R report, to make sure that the report is as up-to-date as possible.

Facilities often do not realize, when requesting a PS&R, that there is a difference between the date range for the PS&R period and the paid through dates.

The date range refers to the period of time which the services provided in the PS&R should cover, which should be identical to the cost report period.  Therefore, for a cost reporting period of 1/1/17 – 12/31/17, the PS&R should be requested for the dates 1/1/17 – 12/31/17.

However, after defining the date range, the user is also given the option to choose the paid through date.  The paid through date is the date through which the facility received payment for the services covered in the PS&R.

Since billing is ongoing, if, on  April 10th, a provider requests a PS&R with a paid date of 12/31, they will not see any payments for billing that was processed from January until April.  By requesting “all paid dates”, the provider is asking that the PS&R reflect payments received even after the 12/31 cost report end date until the date the report is requested – in this case until April 10th.  This is of particular importance when determining if a cost report is eligible to file a Low Utilization cost report.  (See our blog on Low Utilization cost reports for more information.)

For more information on requesting the PS&R report, please refer to the PS&R instructions page on our website.

Disclaimer:  This blog does not contain legal advice. What it does contain are our best
explanations, advice, and suggestions to help facilities and cost report preparers to understand the cost report forms and offer suggestions for their preparation. Progressive Provider Services assumes no legal responsibility for the content of this blog, nor for cost reports prepared based on the content herein.

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