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Cost Reports |
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Manual: Home Care Corporate Compliance Manual (Ver 1) Department: HOME CARE
MCN’s customizable template, Cost Reports, is taken from our Home Care Corporate Compliance Manual. MCN Healthcare’s proven policy and procedure templates, competencies and compliance tools have assisted more than 20,000 health care organizations worldwide meet their regulatory compliance goals. MCN’s templates save you time, money and resources, rather than developing healthcare policy and procedure manuals from scratch. Here is some sample content from Cost Reports:
| | POLICY:
The organization shall ensure that cost reports are in full compliance with applicable federal statutes, regulations, guidelines and program policies and requirements and private payor plans.
The organization submits cost reports to the Medicare program and any other healthcare program requiring cost reports, that include only those costs that are based on appropriate and accurate documentation and are:
Reasonable;
Necessary for the maintenance of the company;
Related to patient care.
Costs are accurately classified and appropriately allocated to various cost centers and are... |
| Second excerpt: |
| | ...that is not to be claimed for reimbursement.
The fiscal intermediary/carrier prior year audit adjustments are reviewed and either:
Not claimed,
Clearly identified as protested amounts if claimed.
All related parties are identified on Form 339 which is attached to the cost report and all related party charges are reduced to cost.
Allocations from the organization home office cost statement to individual branch office cost reports are evaluated to ensure that they have been made... |
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Back to Home Care Corporate Compliance Manual (Ver 1) |
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