Home Health Agencies, Nursing Homes, Hospitals and other providers of Medicare / Medicaid Services are required to file Cost Reports on an annual basis. Although the majority of these services are fee based, the integrity of the cost report remains an important responsibility for Medicare Providers.

You are required to:

• Claim costs that are reimbursable, reasonable and based appropriate documentation
• Allocate costs to various cost center on verifiable and auditable data
• Remove any unallowable costs and not claim them for reimbursement
• Properly classify costs
• Implement prior year adjustments made by the fiscal intermediary
• Identify all related parties and reduce the charges to cost

These are part of the stipulations for your cost report to be in compliance with Federal Laws and Regulations.

At FORCE we have over 27 years experience in Cost Reporting. Our clients recognize the benefit to having experienced experts to help them prepare their reports to:

• Ensure Compliance Guidelines for cost reporting are achieved
• Save valuable internal resource time
• Reduce potential errors