Archive

Archive for July, 2011

Short/Terminating Reports and HIT Payments; Which Form to Use and When To File?

July 29th, 2011 No comments

CMS announced that short period and terminating hospitals qualifying for the HIT payment will be granted extensions on a case by case basis for cost reporting periods beginning on or after October 1, 2010 and subsequent and file on the 2552-10.

Short period and terminating hospitals not qualifying for the HIT payment will file and settle on the 2552-96 with no extensions granted for cost reporting periods beginning on or after October 1, 2010 and on or before April 30, 2011.

by Chuck Briggs

Short Period SNF Cost Reports to be Filed on 2540-96 Software

July 29th, 2011 No comments

On July 27, 2011 HFS received a memorandum from CMS regarding filing deadlines for SNFs. The following is a summary of the details we received.

The 2540-10 is effective for cost reporting periods beginning on or after 12/01/2010. For any short period cost reports beginning on or after 12/01/2010 and ending 11/30/2011, providers will continue to file on the form CMS-2540-96. No extensions are proposed at this time.

by Chuck Briggs

CMS Confirms Extensions to File 2552-10 Cost Reports

July 29th, 2011 No comments

On July 27, 2011 HFS received written confirmation from CMS that the deadlines to file on the new 2552-10 form set will be extended. The following is a summary of the details we received.

CMS issued a 30-day extension for 4/30/2011 FYE providers (Joint Signature Memo/Technical Direction Letter – 11204, 03-03-11).

All providers with full 12 months or greater cost reporting periods which begin on or after May 1, 2010 (and end on or after April 30, 2011) must file on the 2552-10 form set, subject to the following extension schedule. (We published this same schedule in our previous 2552-10 news post, and publish it again for your convenience. There were no changes.)

2552-10 Filing Date Extensions

2552-10 Extended Cost Report Filing Dates

Short period cost reports:
– Providers with cost report periods beginning on or after May 1, 2010, but ending prior to April 30, 2011, must file and settle on 2552-96. These cost reports are due the latter of 30 days from the date of the forthcoming TDL or 5 months following the close of the cost reporting period. This includes hospitals with hospital based end stage renal disease (ESRD) facilities and/or departments.
– Hospital based ESRDs are subject to the same extension schedule as indicated above. Hospital based ESRDs should submit their cost reports using the current 2552-10, with the existing Worksheet I series. The Hospital based ESRDs claiming bad debts may not be settled until a revised 2552-10 Worksheet I series is published incorporating the new bad debt calculation.

by Chuck Briggs

Hospital 2552-10 Software Development & Proposed Filing Extensions

July 15th, 2011 No comments
We are currently beta testing the new 2552-10 software in numerous sites across the country.  Unfortunately, the new form set is still not final and therefore neither is our hospital software.  CMS is still working on Transmittal 2.  Transmittal 2 is needed is to fix various problems in Transmittal 1 (the current version of the 2552-10).  Transmittal 2 will also implement numerous provisions of the  ACA that were not included in Transmittal 1.  We will work diligently to incorporate the Transmittal 2 changes into our 2552-10 software so that we may obtain CMS approval as quickly as possible.  Once we obtain CMS approval we will release the 2552-10 software to all of our customers.
We realize many of you are concerned about the diminished time you will have to timely prepare and submit your hospital cost reports .  We have expressed your concerns to CMS for many months now.  CMS has proposed extensions for the 2552-10, but we have NOT received this as a final communication from CMS.  (See  table, below.) When we do, we’ll let everyone know.  Until then, we can only wait on CMS.
Fiscal Year End Due Date Proposed Due Date Extension
4/30/2011 9/30/2011 11/30/2011 60 days
5/31/2011 10/31/2011 11/30/2011 30 days
6/30/2011 11/30/2011 1/31/2012 60 days
7/30/2011 12/31/2011 1/31/2012 30 days
8/31/2011 1/31/2012 2/29/2012 30 days
9/30/2011 2/29/2012 3/31/2012 30 days
10/31/2011 3/31/2012 3/31/2012 None
11/30/2011 4/30/2012 4/30/2012 None
Proposed Extensions of Cost Report Filing Due Dates
by Chuck Briggs

2540‐10 Form Set Update

July 14th, 2011 No comments

The new 2540-10 form set is effective for cost reporting periods beginning on or after 12/1/2010. For any short cost reporting period beginning on or after 12/1/2010 and ending prior to 11/30/2011, providers will continue to file on the form CMS 2540-96. No extension is proposed at this time.

on Transmittal 2 and advised us there will be a Transmittal 3 sometime later this year. Transmittal 3 will implement applicable provisions of ACA section 6104. (Published in Federal Register, March 11, 2011, http://www.gpo.gov/fdsys/pkg/FR-2011-03-11/html/2011-5684.htm .)

The table below shows CMS proposed timeline for the Transmittal 3 changes.

by Chuck Briggs