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Typically a cost report is due five months after the fiscal year end (FYE). For example, if a facility FYE is 12/31/21, the cost report will be due on 5/31/22.
The specifics vary by Medicare Contractor (aka Fiscal Intermediary or MAC). Typically, for Home Health Agencies, SNFs, and Hospices, if it is under $200,000 in reimbursement, a facility will be allowed to complete a Low Utilization cost report. The same would be true for FQHCs and RHCs that have under $50,000 in reimbursement. Note that if there are outstanding bills that are processed before the cost report is audited, and the reimbursement increases to be $200,000 at the time of audit, you may then be required to submit a full cost report. Reimbursement is determined by the PS&R report. Also, some Intermediaries require formal written request to file a Low Utilization cost report.
The total reimbursement for a fiscal (i.e., cost report) year is determined by the total reimbursement on the PS&R report, not the actual amounts received by the facility during the cost report year. This is because Medicare cost reports are accrual-based, not cash-based.
Yes. You will likely need to complete a Low Utilization cost report. Check with your MAC. If there were no Medicare visits, you could file a NO Utilization cost report.
When you press 'Create Electronic File' on the Med-Calc Software, this will generate three files. One is an ASCII file that contains the details of the cost report input and calculations. [Examples - Skilled Nursing Facilities would look like SN123456.21A1, Home Health Agencies would look like HH123456.21A1, and Hospices would look like HS123456.21A1].
In the above examples, 123456 indicates the Medicare Provider Number, 21 indicates the year 2021, A indicates the first submission within the cost reporting year, and 1 indicates that this is the first cost report filed for this cost report year (i.e., there was no change of ownership).
The second file that is generated is known as the PI file which stands for Picture Image file. This is a snapshot of the cost report forms. The naming convention is PI123456.21A1.pdf.
The third file is the certification page. You must sign this page and submit with your cost report - either by mailing the original hard copy or by checking the "Electronic Signature Checkbox" and uploading via MCReF. The naming convention for this file is SC123456.21A1.pdf.
Filing electronically / pressing the "Create Electronic File" does not mean that the files get e-mailed to CMS or uploaded to a website and sent automatically.
With regards to submitting an electronic cost report, filing electronically means that the ASCII and PI files are either uploaded to the MCReF portal or placed on a CD, flash drive or diskette and physically mailed to the Medicare Contractor.
Note: If placing files on a CD, be sure to remember to actually burn the files to the CD. Files must be directly on the CD, flash drive, or diskette with no subdirectories.
The specifics vary by Medicare Contractor. In general, the CD or flash drive should contain the Electronic Cost Report files and password protected bad debt files (if applicable). If uploading via MCReF portal, the bad debt file should not be password protected. The original, signed signature page with the ECR encryption codes, or a scanned copy of the signature page with electronic signature box checked, must be included, as well. The trial balance (sorted by cost report line number and sub-sorted by account) should be printed out.
Additionally, work papers should be created and submitted to provide additional documentation for reclassifications, adjustments, related party adjustments, and a PS&R crosswalk (if applicable).
There is also a cost report preparer workpaper that is optional and helpful in the event that the contractor will want to contact the preparer with questions.
Examples are, but are not limited to:
as well as other expense and/or revenues unrelated to providing patient care.
Additionally, there are pre-printed examples within each cost report on the adjustments worksheet.
Yes. A Level II edit is allowed. Your intermediary/MAC may occasionally ask for documentation or a note to explain the rationale of why the Level II edit has been generated.
Yes. A warning is a 'red flag' on the Med-Calc Software to warn of an inconsistency. This is not set by CMS but rather a courtesy for our clients.
No. Each part is asking for slightly different information. Worksheet S-3, part I data should be inputted based on information from the internal records of the Home Health Agency. This is based on the number of visits and the number of patients that took place during the cost report year. This is regardless of when the actual 60 day episodes were completed.
Worksheet S-3, part IV comes from the PS&R (or internal data if you choose). This information relates to the number of visits and amount of charges from episodes that were completed during the cost report year. A facility is reimbursed by Medicare during a fiscal (i.e., cost report) year for the episodes which were completed during that fiscal year.
The number of visits reported on worksheet S-3, parts I and IV will be different! The reason is the visits that occur at the end of the year which are part of episodes that overlap into the next year will not be included in part IV. Instead, they will be included in part I. Along the same lines, visits that took place at the end of the preceding year that were part of episodes that overlapped into the current year will be reported on worksheet S-3, part IV but not on part I.
An example:
For a 2019 calendar year cost report visits which took place during December 2018 that are part of 60 day episodes that were completed in January 2019 will be reported on worksheet S-3, part IV but not on part I. In the same vein, visits which occurred during December 2019 that are associated with episodes that completed during January 2020 will be included in worksheet S-3, Part I but not on part IV.
Worksheet C, part II, line 11 asks for the charges of medical supplies. In column 2, total medical supply charges from the provider's internal records should be inputted. This should include both Medicare and non-Medicare charges. Column 5 is for Medicare part B charges where there is no co-payment and column 6 is for Medicare part B charges that are subject to a co-payment. Column 2 should always be equal to or greater than the sum of columns 5 and 6.
FTE stands for Full Time Equivalents. For each type of FTE employees, take the total hours paid for that type of employee (for example, all of the hours that physical therapists worked over the course of the year) and the divide it by the total work hours of the cost reporting period. If it is a full cost report year, divide the total hours by 2,080 (52 weeks x 40 hours per week).
Unduplicated census means that each patient is only being counted one time. For example, if Mary Smith received visits occupational therapists, physical therapists, and home health aides - she would be counted as a patient for each of those three lines. However, for the purposes of the unduplicated census, Mrs. Smith is one person and would thus only be counted once.
The reason is that the total number of patients on column 8 is also asking for an unduplicated count. If Mary Smith became eligible for Medicare during the course of the period and thus the payer source changed, she would be counted as both a Medicare patient and as well as a non-Medicare patient. However, being as she is only one individual, she would only be counted once in column 8.
You can assign it to A&G but you should then reclassify the specific salaries by department on Worksheet A-6. The use of a work paper for this is highly encouraged.
