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Beta System for 224-14 FQHC Cost Report Now Available

HFS has developed Beta software incorporating the draft forms and anticipates that CMS will release final forms and instructions in the spring of 2016. While no extension date has been established, MACs have been instructed not to request impacted cost reports until further notice.

HFS is working to make this a smooth transition. We currently have a beta system available for download at our website or through check for updates for clients that identified themselves as FQHC in the survey distributed 1/27/2016. Once CMS finalizes the forms we will submit for, hopefully, a quick approval and get you an approved system as soon as possible.

Please note that you can use the beta system to start 224-14 cost reports and that any data entered into the beta system will be retained when the system is updated for the approved version.

The HFS Beta System was developed based on the Draft forms published on the CMS website:

https://www.cms.gov/Regulations-and-Guidance/Legislation/PaperworkReductionActof1995/PRA-Listing-Items/CMS-224-14.html?DLPage=1&DLEntries=10&DLFilter=cost%20report&DLSort=1&DLSortDir=descending

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.

If you have any questions, please contact Eric Swanson at eric@hfssoft.com.

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