Chicago, IL — December 4–5 
Summary
Understanding the implications of the cost reporting process, best practices related to the accumulation of information, advanced reimbursement issues, and using the cost report as a management tool can contribute to your facility’s overall reimbursement environment. You’ll walk away knowing how to leverage different sources of information to meet the operational and reimbursement needs of your organization, and with a clear understanding of the changes required by the 2552-10 cost reporting form set.
After this seminar, you'll be able to:
- Identify the revisions made to the 2552-10 cost reporting form set and the impact on your cost reporting processes to ensure compliance.
- Plan the accumulation of cost reporting data.
- Develop benchmarking data and be able to interpret data from other facilities.
- Describe current reimbursement issues and Medicare margin analysis.
- Recognize advanced topics such as College of Nursing and other paramedical education programs, related party transactions, and computation of cost/charge ratios for outlier determinations.
- Provide enhanced communication about the implications of the cost reporting process to various levels of the hospital or health system management.
Level: Intermediate
Prerequisites
Basic knowledge of the MCR and its components, such as HFMA’s Medicare Cost Reporting Essentials.
Tools and Takeaways
Benchmark data and review cost reports for relevance, accuracy, and compliance with applicable instructions to ensure correct payment
Recommended for:
Those responsible for overseeing the cost reporting process within hospitals and health systems.
Faculty
Mike Nichols, CPA, FHFMA
Partner, Midwest Healthcare Consulting, McGladrey LLP
Chad Krcil, MBA, FHFMA
Director, Healthcare Consulting, McGladrey LLP
Continuing education: 14 CPE credits; 12 hours Category II (non-ACHE) credit
Chicago, IL — December 4–5
What You Need to Know About HFMA's Seminars
Publication Date: Friday, July 20, 2012