News Alerts
MEDICARE SEQUESTRATION DELAYED AND REDUCED IN LEGISLATION
Volume 21.15
The U.S. Senate is expected to pass legislation (already passed in the House of Representatives) that would:
Implement an additional three (3) month suspension of the two percent (2%) Medicare sequestration payment ...
OIG REPORTS ON PALMETTO GBA, LLC CAP MANAGEMENT
Volume 21.16
The U.S. Department of Health & Human Services (“DHHS”) Office of Inspector General (“OIG”) issued a Report in July 2021 regarding the CAP management process of Palmetto GBA, LLC (“Palmetto”). Palmetto was selected from the ...
CMS ISSUES EMERGENCY REGULATION REQUIRING COVID-19 VACCINATIONS
Volume 21.14
CMS is issuing an Interim Final Rule requiring most Medicare and Medicaid certified providers and suppliers to establish a policy ensuring that all eligible staff have received the first dose of a two-dose vaccine or a one-dose ...
HOME HEALTH PAYMENT RATES FINALIZED
Volume 21.07
CMS has finalized 2022 home health reimbursement rates. Standard rates have increased by a net 2.6%, which is the result of an inflation update of 3.1% reduced by a .5% productivity adjustment.
The base 30-day rate increased ...
PROVIDER RELIEF FUNDS – PHASE 4 APPLICATION SUBMISSION TIMING MODIFIED
Volume 21.13
Over the weekend, the Health Resources and Services Administration (“HRSA”) modified certain details regarding the Phase 4 PRF application. Information provided by HRSA now requires Phase 4 applicants to submit their Taxpayer ...
PHASE 4 OF PROVIDER RELIEF FUNDING REQUIRES AN IRS VALIDATION
Volume 21.12
If you are going to apply for Phase 4 funding of Provider Relief Funds and have not yet applied for IRS validation, you should immediately submit required, but limited, information for IRS validation. This process must be ...
PROVIDER RELIEF FUND (PHASE 4) UPDATE
Volume 21.11
Providers can apply for the new, Phase 4, Provider Relief Funds beginning September 29, 2021. The application period will run through October 26, 2021. The application will be made in the Provider Relief Application and ...
CAP HOSPICES NEED TO EXERCISE CAUTION IN REPORTING REVENUES TO SUPPORT THE USE OF PRF FUNDS
Volume 21.15
Many hospices incur CAP liabilities, which must be repaid to the Medicare program. Information provided by HRSA regarding lost revenues does not specifically address CAP overpayments; however, HRSA Q&A includes the ...
USING YOUR BUDGET FOR CALCULATING LOST REVENUES FOR PRF REPORTING
Volume 21.10
Three methods are available to healthcare providers for determining lost revenues eligible to be applied as a qualified use of Provider Relief Funds. These are:
Option 1: Actual 2020 and 2021 revenues compared against 2019 ...
PHASE 4 COVID-19 PHE PROVIDER FUNDING
Volume 21.06
HHS Press Release:
“The Biden-Harris Administration announced today that the U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), is making $25.5 billion in new ...
WILL ALL HEALTH CARE PROVIDERS BE REQUIRED TO MANDATE COVID VACCINATIONS?
Volume 21.05
It is reported that the U.S. Centers for Medicare & Medicaid Services (“CMS”) and the Centers for Disease Control and Prevention (“CDC”) are jointly involved in the development of changes in Conditions of Participation that ...
NAHC CANCELS 2021 HOME CARE AND HOSPICE CONFERENCE AND EXPO
Volume 21.14
Yesterday the National Association for Home Care & Hospice announced the cancellation of the upcoming 2021 Home Care and Hospice Conference and Expo, which was scheduled for October 3-5, 2021, in New Orleans.
“This was a ...
AT HOME COVID-19 VACCINATION REIMBURSEMENT INCREASED
Volume 21.05
CMS has increased reimbursement to providers for in-home COVID-19 vaccinations as part of the efforts to provide opportunities for individuals who cannot leave their home, as well as increase the number of vaccinated persons. ...
2021 HOSPICE FINANCIAL MANAGEMENT ACADEMY
Volume 21.13
We are very excited to be sponsoring our Hospice Financial Management Academy live again. The 2021 program will be held at the Paris Hotel and Casino in Las Vegas on September 13-14, 2021. The response to this program has ...
2022 HOSPICE PAYMENT RULE RELEASED
Volume 21.12
CMS has issued the final rule, “Medicare Program; FY 2022 Hospice Wage Index and Payment Rate Update, Hospice Conditions of Participation Updates, Hospice and Home Health Quality Reporting Program Requirements”.
This final ...
RULES FOR SINGLE AUDITS OF NONFEDERAL ENTITIES UPDATED TO ADDRESS PRF
Volume 21.04
The Department of Health and Human Services (“HHS”) has updated the rules relating to the reporting of Provider Relief Funds (“PRF”) use by nonfederal entities as part of the single audit requirements.
Recipients that expend ...
RULES FOR SINGLE AUDITS OF NONFEDERAL ENTITIES UPDATED TO ADDRESS PRF
Volume 21.09
The Department of Health and Human Services (“HHS”) has updated the rules relating to the reporting of Provider Relief Funds (“PRF”) use by nonfederal entities as part of the single audit requirements.
Recipients that expend ...
HOSPICE MERGERS AND ACQUISITIONS CONTINUE AT RAPID PACE
Volume 21.11
Hospices continue to lead the healthcare sector in investor interest and valuation even during the COVID-19 PHE. The price of hospices continues to rise due to the continually increasing demand and return opportunities expected ...
HOSPICE FINANCIAL MANAGEMENT ACADEMY UPDATE (ROOM BLOCK AND REGISTRATION)
Volume 21.10
The early response to our Hospice Financial Management Academy, scheduled for September 13-14, 2021, has been overwhelming. We have ten (10) remaining spots available for the program (we limit attendance to maximize the benefit ...
COULD YOUR HOSPICE OVERPAY A CAP LIABILITY?
Volume 21.09
Recently, we have identified another hospice that has overpaid its CAP liability. This happens when a hospice has claims denied and is also subject to CAP overpayments.
When a claim is retroactively denied for a completed ...
MEDICARE ENROLLMENT UPDATES
Volume 21.08
CMS has temporarily ceased revalidations for Medicare providers and suppliers because of the COVID-19 PHE. CMS is not issuing any revalidation notices, deactivating providers for any failure to respond to revalidation requests ...
HHS REVISES REPORTING REQUIREMENTS FOR PROVIDER RELIEF FUNDS
Volume 21.08
On June 11, 2021, the U.S. Department of Health and Human Services (“HHS”) revised the reporting requirements for Provider Relief Funds (“PRF”). Key updates include:
The period of availability of funds is based on the date ...
LONG AWAITED UPDATES TO PRF REPORTING DATES
Volume 21.07
The U.S. Department of Health and Human Services (“HHS”) has released updated reporting requirements for the use of Provider Relief Funds (“PRF”).
The period of availability of funds is based on the date the payment is ...
2021 NAHC FINANCIAL MANAGEMENT CONFERENCE
Volume 21.03
Registration is now officially open for the 2021 Financial Management Conference (FMC 2021), the only conference designed specifically for financial professionals in the industry. FMC 2021 is where future leaders build their ...
HOME HEALTH AGENCIES DEALING WITH NEW COST REPORTING FORMS
Volume 21.02
The U.S. Centers for Medicare & Medicaid Services (“CMS”) have significantly revised the Home Health Agency Cost Report, now identified as Form 1728-20. The new form is to be used for all cost reporting periods beginning on ...
ADVANCE CONFERENCE PROGRAM AVAILABLE
Volume 21.07
The Advance Conference Program and registration information for our upcoming Hospice Financial Management Academy is now available.
The program will be held at the Paris Las Vegas Hotel & Casino on September 13-14, 2021. ...
CMS PROPOSES CHANGE IN LABOR COMPONENT OF HOSPICE RATES
As part of the FY 2022 Hospice Payment Rate Update CMS is proposing to modify the labor component for each of the daily reimbursement rates. The labor component is the basis for adjusting payment rates based on the location where the hospice ...
CMS RELEASED PROPOSED RULE TO UPDATE HOSPICE PAYMENT RATES EFFECTIVE OCTOBER 1, 2021
Volume 21.05
The Centers for Medicare & Medicaid Services (“CMS”) has issued the Proposed Rule, Medicare Program; FY 2022 Hospice Wage Index and Payment Rate Update, Hospice Conditions of Participation Updates, Hospice and Home Health ...
COVID-19 ACCELERATED AND ADVANCE PAYMENT REPAYMENTS
Volume 21.06
In 2020, the U.S. Centers for Medicare & Medicaid Services (“CMS”) expanded the availability of Accelerated and Advance Payments to Medicare providers to provide assistance with cash flow during the COVID-19 Public Health ...
HOSPICE NEWS REPORTS ON PRESENTATION BY RYAN LINDSAY
Volume 21.04
This week Ryan Lindsay, CPA, Director at The Health Group, LLC, spoke at the Annual Meeting of the National Hospice & Palliative Care Organization (“NHPCO”). His presentation, “Amazon Will Change How Hospices Do Business”, ...
EXPECT SEQUESTRATION MORATORIUM TO BE EXTENDED
Volume 21.01
Yesterday, the Senate passed legislation to extend the two percent (2%) moratorium on sequestration from Medicare payments until December 31, 2021. The House will not be in session until mid-April, at which time it will be ...
HOSPICE AGGREGATE PAYMENT LIMITATION (“CAP”) INCREASINGLY REDUCING MEDICARE HOSPICE PAYMENTS
Volume 21.03
The Medicare Payment and Advisory Commission (“MedPAC”) recently recommended that “For fiscal year 2022, the Congress should eliminate the update to the 2021 Medicare base payment rates for hospice and wage adjust and reduce the ...
COVID-19 PHE AND MEDICARE COST REPORTS
Volume 21.05
We previously reported regarding the impact of the COVID-19 PHE and Medicare cost reports; however, based on numerous inquiries, we are pleased to provide the following information.
Filing Deadlines – For cost reports ...
MORE HOSPICES EXCEED HOSPICE CAP IN 2020 CAP YEAR
Volume 21.02
After preparing substantial numbers of self-determined CAP Report filings for the 2020 CAP Year and CAP liability assessment reports for hospices across the country, it is increasingly obvious to us that greater numbers of ...
New Audit Requirements for Cares Act – Provider Relief Funds
Volume 21.04
The financial assistance received by many healthcare organizations in 2020 was not free of compliance requirements. As most of you know by now, The Department of Health and Human Services (HHS) is requiring the recipients of ...
MEDICARE PROGRAM REVALIDATIONS
Volume 21.01
We continually receive questions regarding Medicare enrollment revalidations. CMS has temporarily ceased revalidation efforts for all Medicare providers or suppliers. During the public health emergency, CMS will not issue any ...
CLARIFICATION ON USE OF PRF TO REPAY MEDICARE ADVANCE PAYMENTS
Volume 21.03
On October 8, 2020, CMS issued a Press Release announcing that COVID-19 Provider Relief Funds (“PRF”) could be used to repay obligations incurred because of the Accelerated and Advance Payment program. We have received numerous ...
CARE FUND REPORTING PORTAL OPEN FOR REGISTRATION
Volume 21.02
As you probably know, earlier today the Health Resources & Services Administration (“HRSA”) has opened the Provider Relief Fund Reporting Portal for registration, but not for reporting the use of Provider Relief Funds ...
COST REPORTING UPDATES COST REPORT EXTENSIONS
Volume 21.01
On January 5, 2021, CMS has updated the list of cost report filing extensions as follows:
For all cost reports with cost reporting periods ended on March 1, 2020 through December 31, 2020, providers are granted an additional ...
CONSOLIDATED APPROPRIATIONS ACT OF 2021 (OMNIBUS AND CORONAVIRUS RELIEF BILL)
Volume 20.40
The Omnibus and Coronavirus Relief Bill was passed by Congress on December 21, 2020. The Bill, over 5,000 pages, titled The Consolidated Appropriations Act, 2021 (Omnibus and Coronavirus Relief Bill) will directly or indirectly ...
MEDPAC CONTINUES TO PURSUE 20% CAP REDUCTION
Volume 20.16
At the recent meeting of the Medicare Payment Advisory Commission (“MedPAC”), the matter of wage adjusting the Medicare Aggregate Payment Limitation (“CAP”) and reducing the CAP by an arbitrary 20% was again discussed as MedPAC ...
CAN LOST REVENUE FROM FUNDRAISING BE CHARGED TO PRF?
Volume 20.39
There has been substantial confusion throughout the healthcare industry regarding expenses and lost revenues which will be eligible for justification of Provider Relief Funds. With every update from the U.S. Department of ...
WILLIAM T (“Ted”) CUPPETT TO PRESENT FOR HEALTH FINANCIAL SYSTEMS
Volume 20.38
Health Financial Systems (“HFS”) will be holding its virtual 2020 User Meeting on December 7-10, 2020.
Ted Cuppett will be presenting on Wednesday, December 9, 2020 on “Preparing for Reporting the Use of Provider Relief ...
CMS FINALIZES RULES INTENDED TO UPDATE PHYSICIAN SELF-REFERRAL REGULATIONS
Volume 20.37
Section 1877 of the Social Security Act ("the Act"), also known as the physician self-referral law or “Stark Law” prohibits:
A physician from making referrals for certain designated health services (“DHS”) payable by ...
PPP LOAN FORGIVENESS TAX IMPACT WILL BE IN 2020
Volume 20.36
Many healthcare providers are taxable entities and secured PPP loans. These providers, like other businesses, were taken off guard when the IRS determined that qualifying expenses would not be deductible once loan forgiveness ...
PROVIDERS NEED TO PREPARE NOW FOR REPORTING USE OF PROVIDER RELIEF FUNDSPROVIDERS NEED TO PREPARE NOW FOR REPORTING USE OF PROVIDER RELIEF FUNDS
Volume 20.35
The Department of Health and Human Services (“HHS”) has released updated guidance on reporting the use of Provider Relief Funds (“PRF”). The updates provide some clarification regarding the upcoming reporting.
Providers can ...
REPAYMENT TERMS FOR MEDICARE ADVANCE PAYMENTS MODIFIED
Volume 20.34
CMS successfully paid more than 22,000 Part A providers, totaling more than $98 billion in accelerated payments. This included payments to Part A providers for Part B items and services they furnished. In addition, more than ...
ADDITIONAL MEDICARE PROVIDER ENROLLMENT SCRUTINY
Volume 20.33
While healthcare providers deal with the COVID-19 PHE, preparing to deal with HHS reporting on the use of Provider Relief Funds, and many other ongoing issues, silently on May 22, 2020, CMS rolled out Transmittal 10146, which ...
PROVIDER RELIEF FUNDING PHASE 3
Volume 20.32
The U.S. Department of Health and Human Services (HHS), through the Health Resources and Services Administration (HRSA), has announced $20 billion in new funding for providers on the frontlines of the coronavirus pandemic. Under ...
REVISED HOME HEALTH AGENCY COST REPORT RELEASED (FORM 1728-20)
Volume 20.07
The Centers for Medicare & Medicaid Services (“CMS”) has released the revised Home Health Agency Cost Report, Form CMS-1728-20. The updated Cost Report will be effective for cost reporting periods beginning on or after ...