Medicare and Medicaid Cost Report

Each year JoD Tax prepares several Medicare and Medicaid cost reports for our clients. Medicare and Medicaid cost reports serve changing rate setting, reimbursement, and settlement purposes by provider model. For all providers, presenting detailed cost reports is required by law, but it also guarantees the programs have the best available information when changing the reimbursement rules.
You can rely on us to completely understand cost reporting requirements, rule changes, and reimbursement systems particular to your provider type. In addition to making your cost report, we’ll present an in-depth facility-specific management review and a piece of benchmarking data. These papers can be as crucial as the filed cost reports themselves. Our management report includes a multi-year trend review specific to your department. The benchmarking record allows you to compare your facility’s financial, staffing, and census results to other facilities.
In other information, at JoD Tax, the cost report is more than an agreement document. A detailed cost report is a stepping stone to a helpful summary of essential information about your business, the data we want you to have.