Understanding the Importance of Medicare Cost Report Accuracy
Medicare cost reports are the backbone of hospital, skilled nursing facility, home health agencies, and Federally Qualified Health Center (FQHC) reimbursements—yet errors can slip through, leading to costly corrections. Audit results released in August 2025 by the Health and Human Services Office of Inspector General (HHS-OIG) uncovered exactly that: cost reports settled by Novitas Solutions, Inc. via their desk review process were later reopened due to “obvious errors,” resulting in nearly $9.4 million in corrective…




