An accurate and complete Medicare cost report should be a top priority for hospital CFOs and Chief Compliance Officers. The Medicare cost report continues to play a critical role in the determination of Medicare reimbursement to hospitals and health systems.
With the appropriate understanding and review, this report can assist management in future budgeting, decision support and strategic planning.
This white paper discusses:
- The anatomy of a cost report
- Common errors
- Potential opportunities to increase revenue
- How to preserve future appeal rights and avoid compliance issues