CMS Confirms Extensions to File 2552-10 Cost Reports
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 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