Medicare & Medicaid Cost Reports

Financial Consultants of Alaska & Washington has highly qualified healthcare reimbursement consultants with extensive experience in preparing Medicaid and Medicare Cost Reports. Our firm has prepared CMS annual cost report for Acute Care, Long Term Care, co-located, Critical Access, facilities as well as Rural Health & Federally Qualified Health Clinics, Home Health Agencies, and Community Mental Health Care Centers. We have prepared more than 300 cost reports. We also prepare the Medicaid cost reports in several states. In conjunction with preparing and filing the cost report are reviews and responses to Medicare on the proposed audit adjustments

FCA&W prepares interim cost reports to assist a facility in making changes during the year.

Our firm can review the cost report filed by you or your consultant to look for improvements in Reimbursement or omissions.

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Critical Access Reimbursement

Our firm has specialized in assisting facilities with obtaining their Critical Access Designation, and obtaining the best billing method from Medicare (option II).

For critical access facilities, the cost report strategy for higher reimbursement largely depends on where statistics, revenue, and cost are recorded. Our firm has assisted hospitals in achieving the highest reimbursement on interim rates and cost reports. Our vast knowledge of rural and community hospitals has proven beneficial in improving facility’s bottom line. Our firm is willing to review your last cost report and highlight areas that can improve your reimbursement.

Critical Access facilities need to place emphasis on the Medicare interim reports. The purpose of the reports is to have Medicare pay your claims throughout the year, a rate that parallels the year end cost report rate. If a facility has a large receivable from Medicare on the cost report, they have lost the use of the money and the interest it would have accrued. On the other hand, if the facility owes a lot of money to Medicare at year end, their reserves may not be adequate to cover payback unless they develop a model that is updated quarterly.

Medicare allows Critical Access facilities to perform mini cost reports step downs to send in with the interim reports. This will give you the assurance that your quarterly rates will closely approximate the cost report payments.

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Fraud Audits

Medicare and Medicaid Fraud Billing Audits are on all healthcare providers’ screens. The various audits, PERM, SURS, and CERTS that are being performed by Medicare and Medicaid have made it difficult for providers to deal with the complexity of all the fraud audits. Our firm was hired as reimbursement consultants on nine of those Medicaid and Medicare audits in the last five years. We have been able to overturn $26 million of requested overpayments. On several of the audits, our providers paid nothing back to the Intermediary.

Myers & Stauffer LC were the contract auditors who performed DMA audits in Alaska. The purpose of DMA audits for this period and the previous cycles of audits, have been to recover millions of dollars of alleged improper payments made to Alaska providers by the Medicaid agency. The audits that have been issued also include large fines and penalties.

The contract auditors make mistakes, do not find the supporting data, or they misinterpret the regulations, statutes, Medicaid manuals or Intermediary’s practicing methodology. Frequently the auditors do not recognize the documents they are searching for.

Financial Consultants of Alaska & Washington defended a provider last year in a case where the Intermediary demanded $8,000,000 back from a facility. After a considerable effort we were able to get the case entirely dismissed and the facility was not required to pay anything back to the Intermediary. Recently we were hired to work on two audits for Community Mental Health Centers in Alaska; the Intermediary had demanded $879,000 from one of the Centers. After our firm audited the records, we were able to get the Center’s payback to the Intermediary reduced to $14,000.

Myers and Stauffer have started their fourth cycle of Medicaid Fraud Audits. In this fourth cycle, unlike prior audits, Medicaid plans to include IHS/Tribal facilities.

The U.S. Federal District Court in Washington recently affirmed CMS’s decision to require a Critical Access Hospital (CAH) to repay Medicare $275,000 noting that the facility’s recordkeeping did not support an increase of 731% in routine costs as listed in the facility’s Medicare Cost Report.

Unidentified Critical Access Hospital No. 1 v. Leavitt, No. 07–5020 RBL (W.D. Wash. Dec. 6, 2007). This court case underscores the importance and necessity of accurate and documented “data reporting on the Medicare Cost Reports.” There are also other lessons CAHs can learn from this case. In this particular case, the hospital changed its nursing staff reporting on its Medicare Cost Report from how it was calculated and reported in prior years. The change in reporting caused a 731% increase in routine costs for acute care over how this data was reported on the Medicare Cost Report for prior years. Not surprisingly, the Medicare fiscal intermediary challenged this dramatic increase.

CMS focused on the hospital’s lack of supporting records that would enable CMS to verify the accuracy of the 731% increase. While this case clearly underscores the need for thorough and accurate recordkeeping, it also contains other important lessons and warnings.

In today’s healthcare regulatory climate, healthcare providers should assume that any dramatic increase in any cost center will trigger a very high level of scrutiny from the state and federal governments. Given the increased activity of state Medicaid fraud control units, PERM audits, CERT audits, and the other audits performed by the state and federal governments, providers are well advised to make sure that they have all of the documentation necessary to support large increases in any cost center. If you are going to show a 700+% increase in routine costs you should just assume that either CMS will question this or you will be subjected to an audit. This type of increase invites additional scrutiny so you should be prepared to defend it. The good reimbursement firm will safeguard your facility when they prepare the Medicare and Medicaid cost reports. This will ensure that your facility will never encounter this situation.

Congress has appropriated over $160 million for Medicaid Fraud enforcement. This increased enforcement is expected to net over $1 billion in recovery from healthcare facilities. A new $8 million Medicare contract was issued in January 2008 to Price Waterhouse for the purpose of conducting Medicare Fraud Audits. The State of Washington like most states today also has a growing Medicare and Medicaid Fraud unit.

State’s Medicaid is conducting the following Fraud Audits:

Federal Medicare is conducting the following Fraud Audits:

RAC Audits

Results of RAC Fraud Edit
2004-2007 (millions)

Overpayments Collected $992.7
Less: Underpayments Repaid $37.8
Overturned on Appeal $46.0
RAC Re-reviews $14.0
Cost to Run Program $201.3
Returned to Medicare Trust Fund $693.6