CMS Issues Clarifications, Corrections To Freestanding Hospice Cost Report Forms & Instructions
Posted on Friday, August 7, 2015 10:09 AM
Effective for cost reporting years starting on October 1, 2014, freestanding hospices are required to file the revised hospice cost report Form CMS-1984-14. The cost report expands data collection requirements to supply greater detail related to hospice costs by level of care; data from the modified report may be used in future payment reform analyses by CMS. Form CMS-1984-14 went through a lengthy review and comment process and was made publicly available in late August 2014. Since then, CMS has continued to receive recommendations to modify it to promote greater clarity and accuracy of the documents. Recently, CMS issued Transmittal 2: New Cost Reporting Forms and Instructions - Effective Data: Hospice Cost Report changes effective for cost reporting periods beginning on or after October 1, 2014 (dated July 31, 2015) to its website. The transmittal makes clarifying and correction revisions to the freestanding hospice cost reporting forms and instructions as follows:
- Worksheet A: Shaded column 1 of line 70.
- Worksheet A-6: Modified form and instructions to separate reclassifications between salaries and other costs.
- Worksheets B and B-1: Removed shading from column 7 of line 17 for both Worksheet B and B-1. Modified column labels on Worksheet B-1.
ELECTRONIC SPECIFICATIONS EFFECTIVE DATE: The electronic reporting specifications are effective for cost reporting periods beginning on or after October 1, 2014. For automated cost report software purposes transmittals 1 and 2 will be merged and implemented simultaneously. Click here for more information from NAHC.
Corridor is a trusted home health and hospice consulting partner to agencies both large and small. We provide the most up-to-date comprehensive homecare industry educational resources and consulting available.
For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!
For additional information, please contact Corridor at 1-866-263-3795Go Back