Reimbursement and Cost Report Services
Cost reports continue to have an effect on facility reimbursement, especially wage-related information. Regulators utilize cost reports for monitoring a number of reimbursement programs. Therefore, inaccurate cost reports may lead to lower reimbursement and regulatory scrutiny.
Draffin & Tucker has extensive third-party reimbursement experience. Since 1967, the first year of the Medicare program, we have filed cost reports for healthcare entities including hospitals, free-standing and hospital-based nursing homes, home health agencies, and rehabilitation clinics. We currently prepare more Medicare cost reports for submission, with fewer resulting intermediary audits, than any other firm in this service area. We are familiar with many alternatives to be considered in maximizing reimbursement under the Medicare and Medicaid programs and are knowledgeable of the related documentation required by intermediaries.
With a thorough understanding of the relationship and impact of the Medicare and Medicaid programs, we are uniquely qualified to provide assistance to your facility. We maintain excellent working relationships with the Medicare Intermediary and State Medicaid departments.