Accreditation

Cost Reporting Session – October 25-27:

Participants will earn up to 17 CPE credits

Field of Study: Specialized Knowledge

Prerequisites: None

Who Should Attend: CFO, Revenue cycle professional, reimbursement professional, Controller and members of the accounting and finance staff (and others involved in the cost report compilation process)

Advanced Preparation: None

Program Level: Basic to Intermediate

Delivery Method: Group Live

Learning Objectives:

• Review Medicare cost report certification, PRRB Appeals and reporting process
• Understand physician fee schedule reimbursement systems, reimbursement of provider-based practices versus free standing physician practices and overview of Medicare Certified Rural Health Clinic and Community Health Care Centers (FQHC) reimbursement systems
• Develop and enhance technical knowledge of reimbursement methodologies, cost reporting requirements, underlying reporting of costs, revenues, statistics on the cost report forms, and settlement data
• Learn all major worksheets included in the Medicare Cost Report, CMS Form 2552 required to be compiled by CAHs and hospitals subject to PPS
• Understand how the Medicare Costs are calculated within the cost report forms and how the various worksheets are completed and flow within the cost report
• Technical understanding of multiple types of allowable versus non-allowable costs
• Technical understanding of the Medicare cost report forms that allocate general service cost-center costs to patient care and non-reimbursable cost centers within the cost report
• Understand how combining and reporting hospital departments into cost centers on the cost report effects Medicare cost reimbursement
• Understand reporting of Medicare program revenues, patient statistics, and payment data on the appropriate worksheets and lines within the cost report forms
• Learn appropriate and accepted cost allocation statistics and methodologies within the cost report
• Learn cost reporting tactics to improve Medicare cost-based reimbursement as well as unintentional compilation practices that decrease Medicare cost-based reimbursement, usually without the CAH knowledge
• Learn the PPS settlement worksheets to identify settlement amount reasonableness and key data points for accurate PPS hospital settlements