Navigating Medicare Cost Report Requirements: Tips for First-Time Submitters
The Medicare Cost Report is a requirement for most healthcare providers, but a daunting requirement. If you’re preparing to submit one for the first time, you’re not alone in feeling wary of the complexity of the process. The annual report, submitted to the Centers for Medicare & Medicaid Services (CMS), separates the costs and charges of serving Medicare patients. It’s where reimbursement rates are established, and federal compliance is ensured.
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