CMS Issues Draft FQHC Cost Reporting Forms
On Friday, December 19thth, 2014, CMS issued a Federal Register notice releasing a draft of a new Cost Report for FQHC providers. The new draft form is CMS-224-14 and will be effective for cost reporting periods beginning on or after October 1, 2014. This effective date reflects the implementation date of the new FQHC PPS, required under the Affordable Care Act.
The draft is available at the CMS website:
Once implemented the previous RHC/FQHC Form CMS-222-92 will only be applicable for RHC providers.
HFS is currently reviewing the draft forms and anticipates that CMS will release final forms and instructions in the spring of 2015. Once final forms are available, HFS will update the software and make the new form set available to current FQHC users of the 222-92 software.
If you have any questions, please contact Eric Swanson at eric@hfssoft.com.