CMS Approved Software Med-Calc is one of the few vendors approved by CMS for cost report software.
Import Cost Report You can take a cost report prepared by any vendor, from any year, and import it to Med-Calc software.
Minimal Learning Curve Med-Calc software is an Excel based spreadsheet. If you are familiar with using Windows products, you’ll find it easy to use our software. You can take advantage of the many Excel features as well as easily copy from other Windows applications, directly into the cost report software.
Trial Balance Downloading Your trial balance can be imported into the Med-Calc SNF, HHA and Hospice software. This feature is available for your expenses, balance sheet and financial statements. Sort and subtotal features, available in Excel, will be enhanced with highlighting of group totals.
Allocation of Statistics Med-Calc allows for flexibility in allocating statistics to the various cost centers. Formulas allow the option to automatically bring in data for census, gross salaries, and more.
Calculating Settlement Med-Calc SNF software offers a non-CMS worksheet that will calculate the rates for each RUG category.
Customer Support We are happy to provide you with excellent customer support. We offer personalized attention to your inquiries and assist you with cost report software questions.
Calculating Edit Lists The cost report will calculate automatically, and provide you with all known calculation errors. Level I and Level II errors can be viewed and refreshed at any point during your cost report preparation process. We also offer additional warnings as a ‘heads up’ to assist with cost report accuracy.
Functionality Many forms have formulas that will automatically calculate data for you. These formulas can be overridden manually and restored at any time.
CMS Form 339 The Med-Calc Software includes a CMS Form 339. This form is required by CMS for every cost report submitted.
Restore Options You can restore formulas one by one or as a group using the "Restore Options" feature. This will allow you to override manually entered data with the original formula.
Look and Feel Worksheets are attractively presented on screen and in print. A color scheme, for input fields, formula fields and others, enhances the view on the screen.
Printing Various printing options allow for easy packaging of reports. You can choose to print a complete cost report, standard worksheets or select specific worksheets
Management Reports. Various Management Reports are available for the analysis of current year data (census, cost, revenues, and allocation statistics).
All-In-One You can include your notes and workpaper calculations on the Med-Calc spreadsheet. Keep all your information together in one file.