CMS Issues Draft Revisions to Hospital Cost Reporting Forms
On Friday, February 6th, 2015, CMS issued a Federal Register notice releasing a draft of revisions to the hospital Cost Report. The new draft form revisions are being proposed to accommodate the statutory requirement for hospice payment reform and the statutory requirement establishing a prospective payment system for Federally Qualified Health Centers in the ACA. These provisions are effective for cost reporting periods beginning on or after October 1, 2014.
The draft is available at the CMS website:
HFS is currently reviewing the draft forms and anticipates that CMS will release final forms and instructions in the summer of 2015. Once final forms are available, HFS will update the software and make the new form set available to current users of the 2552-10 software.
If you have any questions, please contact Eric Swanson at eric@hfssoft.com.