Web Event 11-07-18: Improving the Accuracy of Hospice Cost Reporting

Nov 07, 2018 01:00pm -
Nov 07, 2018 02:30pm
(GMT-5)

Event Description

In 2013 the Centers for Medicare & Medicaid Services (CMS) initiated a complete overhaul of the hospice cost report and now requires significantly greater detail of costs, as well as a breakdown by level of care.  This data will be used by CMS, the Medicare Payment Advisory Commission, Congress and others to guide future changes in hospice payment policy.  In April 2018, in response to industry recommendations, CMS announced additional modifications to the cost report for freestanding hospice organizations as well as Level I edits that are applicable for cost reports with years ending on or after June 1, 2018.  The Level I edits demand greater accuracy; unless a hospice’s cost report successfully passes these Level I edits it will not be accepted for processing.  While these edits are applicable only to the freestanding cost report at this time (CMS Form 1984-14), ALL hospice cost reports should meet these minimum data requirements to help ensure greater data accuracy and more informed hospice payment policy decisions.  In addition to information on the freestanding cost report Level I edits, this session will include information about comparable lines on the provider-based hospice cost reports that should contain data to ensure accuracy and consistency. 

In this webinar, a leading industry cost report expert will describe:

  • The most recent cost report changes and how they will lead to more accurate financial reporting
  • The rationale behind each of the new Level I edits and why all hospices should have costs applicable to these categories
  • The vital importance of proper hospice accounting and cost reporting practices to future hospice payment policy decisions

Faculty:  William T. (Ted) Cuppett, CPA is the founder of The Health Group, LLC, which provides a vast array of financial and other consulting services to healthcare providers. For nearly 10 years Ted served as Home Health/Hospice Niche Leader for Dixon Hughes PLLC, one of the twenty largest CPA firms in the United States. Ted has served healthcare clients of all types since 1977, providing reimbursement consulting, merger/acquisitions assistance including acquisition due diligence, strategic planning, litigations support, and compliance consulting. Clients served include hospitals, nursing homes, home health agencies, hospices, RHC/FQHCs, and other healthcare providers. He managed numerous healthcare audit engagements on key healthcare clients while a Member at Dixon Hughes PLLC.


Event Type:Web Event
Category:Educational Seminar
Early registration ends on Nov 06, 2018.
Regular registration starts on Nov 07, 2018 and ends on Nov 06, 2018.
Late registration starts on Nov 07, 2018.
(GMT-05:00) Eastern Time (US & Canada)

 

Registration Fees
Fee TypeEarlyRegularLate
 Webcast and Recording
Member Fee: $149.00$149.00$149.00
Non-Member Fee: $299.00$299.00$299.00
 Recording Only
Member Fee: $149.00$149.00$149.00
Non-Member Fee: $299.00$299.00$299.00