Industry Notes:
Neglect Cost Reporting Duties At Your Own Financial Peril
Published on Fri Mar 03, 2023
Is cost reporting low on your priority list? If so, it’s time to reconsider. “The penalty for not filing the cost report timely is that 100 percent of any payments will be withheld,” warns HHH Medicare Administrative Contractor Palmetto GBA in a recent Frequently Asked Question set. “In addition, providers will be assessed interest at the prevailing rate at the [...]