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Cost Reporting Lifecycle
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Most
all Medicare, Medicaid, and
TRICARE program payments to institutional health care providers
ultimately are based on required annual cost reports. This remains the
case even under various prospective payment systems. With the resulting
importance of cost reports in mind, SRG maintains expertise in all
areas of the cost reporting lifecycle. Key components of the cost
reporting lifecycle determine the flow of revenues to most hospitals,
nursing facilities, home health agencies, and hospices and are
summarized as follows. |
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Cost report preparation, documentation, and
submittal.
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Interim settlements, interim rate and PIP payment
rate determinations.
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Fiscal intermediary audits, provider/fiscal
intermediary negotiations, and final settlement.
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If necessary, cost report reopenings, amended final
settlements, appeal filings, PRRB hearings, and federal court cases.
SRG
is uniquely qualified to assist health care providers at any point in
the cost report lifecycle. With a national client base of literally
hundreds of providers, SRG has successfully addressed the full range of
cost report related activities with many fiscal intermediaries. SRG’s
experience is broad. SRG staff is exceptionally qualified. SRG offers
the combined expertise of Certified Public Accountants and the
experience of former fiscal intermediary auditors and senior
executives. Should you require professional third party cost reporting
services, SRG stands ready to provide superior experience, expertise,
and performance.
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