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CMS Manual System Pub. 10007 State Operations Provider Certification Transmittal 44 Department of Health & Human Services (HHS) Centers for Medicare & Medicaid Services (CMS) Date: MAY 8, 2009, SUBJECT:
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01
Start by gathering all the necessary information and documentation required for completing CMS Exhibit 286. This may include details about the healthcare facility or organization, such as its name, address, and relevant contact information.
02
Familiarize yourself with the purpose and requirements of CMS Exhibit 286. This exhibit is used to report detailed information about the ownership and control of the healthcare organization, including any changes in ownership or control that have occurred.
03
Fill in the appropriate sections of the form with accurate and up-to-date information. These sections may include details about the organization's structure, such as the names and addresses of individuals or entities with an ownership or controlling interest in the facility.
04
If there have been any recent changes in ownership or control, provide the necessary details as requested on the form. This may involve disclosing information about new owners, divestitures, mergers, acquisitions, or any other relevant transactions.
05
Ensure that all the information provided is accurate, complete, and in compliance with applicable laws and regulations. It may be helpful to double-check the form for any errors or omissions before submitting it.

Who needs cms exhibit 286?

01
Healthcare facilities or organizations that participate in Medicare and Medicaid programs may be required to complete CMS Exhibit 286. This may include hospitals, nursing homes, home health agencies, hospices, and other providers or suppliers that receive reimbursement from these federal healthcare programs.
02
Organizations going through changes in ownership or control, such as mergers, acquisitions, or changes in legal structure, may also need to complete CMS Exhibit 286. This allows the Centers for Medicare and Medicaid Services (CMS) to assess and monitor the impact of such changes on the healthcare organization's compliance with program requirements.
03
Additionally, CMS Exhibit 286 may be required during the initial enrollment process for new healthcare providers or suppliers seeking to participate in Medicare and Medicaid programs. It helps to establish a clear understanding of the organizational structure and ownership relationships to ensure appropriate oversight and accountability.
Remember to consult with the appropriate regulatory authorities or legal counsel to determine the specific requirements and guidelines for completing CMS Exhibit 286 based on your unique circumstances and healthcare organization.
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CMS Exhibit 286 is a form used to report financial information related to Medicaid and/or CHIP programs.
Healthcare providers and entities that participate in Medicaid and/or CHIP programs are required to file CMS Exhibit 286.
CMS Exhibit 286 can be filled out electronically through the CMS portal, following the instructions provided in the form.
The purpose of CMS Exhibit 286 is to track and report financial data related to Medicaid and/or CHIP programs for regulatory and compliance purposes.
Information such as revenue, expenses, patient demographics, and program participation details must be reported on CMS Exhibit 286.
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