Submitting Appropriate Medicare Cost Report Data for Medical Devices and Supplies

Thank you for your interest in this HFMA event. At this time, event registration is at capacity. If you would like to be waitlisted for this event should we receive cancellations, please contact the HFMA Member Service Center at (800) 252-4362, ext. 2. Thank you for your continued support of HFMA. 

Date and Time

August 19, 2010, 2:00 – 3:30 p.m. Central

Speakers

Stephen C. Clark
Clark, Koortbojian and Associates

Timothy S. Loechl
Clark, Koortbojian and Associates

Webinar Summary

CMS recently instituted changes to the Medicare cost report to address the problem of “charge compression.” Costs for implantable devices and medical supplies must now be separated into two distinct cost centers rather than jointly into one. Will your hospital be able to accurately capture and report the data that is required for making this fix work.

This webinar will explain the meaning of “charge compression” and how this affects Medicare payments. It will involve a discussion of the recent changes to the Medicare cost report that have just gone into effect. Our speakers will explain the various options for accurately capturing the detailed charge and cost information from a hospital’s existing accounting systems necessary for meeting the new cost reporting requirements, and the best approaches for reporting this information on the Medicare cost report.

We’ll Discuss

  • The meaning of “charge compression” and how it affects Medicare payments.
  • How a hospital can capture the detailed charge and cost information that will be required using existing accounting systems.
  • The best approach for reporting the detailed information on the Medicare cost report.
  • The steps that each hospital should take to ensure that the Medicare audit contractor understands the reporting changes and accepts them.

Tools and Takeaways

A workbook on this issue will be provided to all participants as a resource tool that can be used when completing the Medicare cost.

Recommended For

CFOs, patient financial services directors, reimbursement directors, financial/reimbursement consultants, controllers and others responsible for providing data to the cost report preparer.

Pricing

HFMA Members: Free
Non-Members: $99

How Does It Work?

After you enroll in the webinar, you will receive a confirmation e-mail.  On the e-mail, you will see a link along with the meeting code and your attendee I.D. # which will give you access to download the handouts 24 hours prior to the event. The handouts will provide instructions on how to join. It's that easy!

CPE Credits

The HFMA Education Foundation is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to NASBA, 150 Fourth Avenue North, Suite 700, Nashville, TN, 37219-2417, web site: www.nasba.org.

Registered participants will receive a certificate of attendance at the completion of each program reflecting the number of instructional hours earned. Unless otherwise stated, there are no prerequisites required for webinars and 1.5 CPE credits will be given for each webinar. CPE requirements may differ by jurisdiction; therefore, participants should consult their reporting jurisdiction. All HFMA education programs can be applied toward HFMA Certification maintenance point requirements.

Our Ironclad Guarantee

HFMA stands behind the quality of our programming. If you are not satisfied, we will gladly refund you with a credit voucher toward any other HFMA National educational program or product. Contact HFMA directly at: Two Westbrook Corporate Center, Suite 700, Westchester, IL 6015. Attn: Professional Development, or call 800-252-4362, ext. 2. Please provide HFMA with your comments within two weeks of the program.

Publication Date: Friday, July 02, 2010













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