Reimbursement Services
We prepare Medicare cost reports for skilled nursing facilities, home health agencies and hospices. In addition, we provide Medicaid reimbursement expertise and cost report preparation in Washington, Oregon, Arizona, Alaska, New Mexico and we are always looking at additional states.
Contract Reimbursement DepartmentCBSI will function as your reimbursement department, where we operate as a department within your organization. This service will include a transparent approach to reimbursement expertise to help your organization meet the demanding compliance requirements set forth by both the federal and state governments. For a fixed monthly fee we will prepare your Medicare and Medicaid cost report, manage the desk review and audit process, provide detailed rate analysis, provide PPS rates and fee schedules, conduct cost-to-rate analysis (Washington Only) and remain available to answer questions all year.
Cost Reporting
CBSI provides reliable and ethical cost reporting services to aid in compliance with all applicable federal and state rules and regulations. These services include the preparation of interim rate reviews, annual Medicare and Medicaid cost reports, review of tentative cost report settlements as well as a continued review of current expenditures for allowability under both Medicare and Medicaid. Our cost report preparation services are less expensive than your current CPA firm and provide a superior product.
Audits & Appeals
CBSI will manage your annual Medicare and Medicaid audits and desk reviews. We review your Notice of Program Reimbursement (NPR) adjustments and file appeals on your behalf when appropriate. We will review your Medicare and Medicaid rate letters to assure that the federal fiscal intermediaries and state rate-setting agencies are paying you appropriately and timely.
Medicare and Medicaid Bad Debt Tracking
CBSI will work with your accounting and operational staff to implement a system that properly tracks reimburseable Medicare and Medicaid bad debts. We understand both the Federal and State reimbursement regulations and will work with you to assure uncollected co-insurance and patient liablity is allowable on your cost report.
Education & Training
CBSI professionals have extensive experience in training and education in the reimbursement arena. We offer regional and/or in-house module training programs that are customized specifically for your individual facility needs.