What SNFs Need to Know About Medicare Cost Report Submissions
Medicare cost reports identify the costs and charges related to healthcare facility activities that are reimbursable. Providers who bill for Part A services, such as skilled nursing facilities, are required to submit Medicare cost reports five months after the close of the fiscal year. Failure to file in a timely manner could result in withholding of Medicare reimbursement. Don’t let this happen to you. Here’s what every skilled nursing facility (SNF) needs to know about cost…