Medicare Cost Reporting for Optimal Reimbursement

Date and Time
Sunday, June 24th, 2012  8:00 – 5:00 p.m.

(PCS2) Medicare Cost Reporting for Optimal Reimbursement (9 CPEs)

In this session you will study new hospital cost reporting forms, identify focus items for cost report preparers and reviewers, learn how to calculate Medicare profitability through the cost report, understand how to apply the profitability tool to other payers, and discover how the Affordable Care Act affects the cost reporting process.

Topic Area
Managed Care/Payment/Reimbursement

After this session, you will be able to:

  • Use a crosswalk to identify new forms and changes to existing forms in the CMS 2552-10
  • Develop cost report preparation and review protocols to enhance reimbursement function operations, performance, and accountability
  • Focus resources on key cost report elements and data sources
  • Calculate your hospital’s Medicare margin and apply this calculation to other payers


Level
Update

Prerequisites/Prework
General knowledge of Medicare cost report forms and process

Tools and Takeaways
Sample cost report test case, crosswalk from 2552-96 to 2552-10 form set, margin analysis template

Speakers
K. Michael Nichols, FHFMA, CPA
Managing Director
RSM McGladrey, Inc.

Chad Krcil, FHFMA
Director
RSM McGladrey, Inc.