CMS issues Transmittal 7 to the Provider Cost Reporting Forms and Instructions, Chapter 41 Form CMS-2540-10
The Skilled Nursing Facility, 2540-10 was updated to Transmittal 7 by CMS, on August 19, 2016. Transmittal 7 is effective for cost reporting periods beginning on or after October 1, 2015.
The primary purpose of the transmittal was to incorporate statutory reporting requirements to facilitate hospice payment reforms pursuant to Section 3132 of the Patient Protection and Affordable Care Act (ACA). In addition, this transmittal requires SNF facilities with FQHC units to file a separate Form 224-14 cost report for cost reporting periods beginning on or after October 1, 2014.
HFS was approved for Transmittal 7 on October 21, 2016. Software is in testing and will be released in the next week. The full transmittal is available at the CMS website:
https://www.cms.gov/Regulations-and-Guidance/Guidance/Transmittals/Downloads/R7PR241.pdf
If you have any questions, please contact Eric Swanson at eric@hfssoft.com.