Get the free CMS-2552-96 - hfs illinois

This document reports the cost and reimbursement details for Eureka Hospital, detailing expenses, revenues, and settlement calculations related to inpatient and outpatient services, specifically within

How to fill out cms-2552-96 - hfs illinois

How to fill out CMS-2552-96

1. Obtain a copy of the CMS-2552-96 form from the CMS website or your local Medicare office.
2. Review the instructions for the form carefully to understand what information is required.
3. Fill out the hospital's identifying information, including name, address, and provider number.
4. Complete the cost report sections, ensuring you accurately enter financial data such as revenues and expenses.
5. Provide any required attachments, such as financial statements or supporting documentation.
6. Review the completed form for accuracy and completeness, ensuring all sections are filled out.
7. Sign and date the form before submission.
8. Submit the CMS-2552-96 form and any accompanying documents to the appropriate Medicare contractor by the deadline.

Who needs CMS-2552-96?

1. Healthcare providers that operate hospitals and seek reimbursement from Medicare under the Acute Care Hospital Inpatient Prospective Payment System (IPPS).
2. Organizations responsible for reporting Medicare costs and claiming reimbursement for services provided to Medicare beneficiaries.

People Also Ask about

What is CMS 2552 10?

Medicare Part 2, Provider Cost Reporting Forms and Instructions, Chapter 40, Form CMS-2552-10. This transmittal updates Chapter 40, Hospital and Hospital Health Care Complex Cost Report (Form CMS-2552-10), by clarifying and revising the existing instructions and by revising existing edits. Effective dates vary.

What is the CMS payment error rate measurement program?

The PERM program is designed to measure improper payments in the Medicaid and CHIP programs. During each PERM Cycle, CMS hosts multiple provider education sessions which are presented on webinar/conference call platforms.

What is the purpose of the cost report?

A cost report is a document that provides an overview of the costs associated with a project. It typically includes information about the budget, actual costs, and any variances between the two. The report can also include details about labor costs, materials, and other expenses related to the project.

What is the CMS code for telehealth?

CMS Telemedicine Reporting Updates CMS will not adopt the new CPT telemedicine codes (98000–98015). Instead, telemedicine visits should be reported using in-person E/M codes (e.g., 99202–99215) with: Modifier 95 for audio-video visits. Place of service codes 02 (non-home location) or 10 (telehealth in home)

What is the CMS fixed loss threshold?

The outlier fixed-loss threshold for FY 2024, which runs from October 1, 2023, through September 30, 2024, is $42,750. Centers for Medicare and Medicaid Services (CMS) pays 80% of costs exceeding DRG payment.

What does CMS mean in medical terms?

The Centers for Medicare and Medicaid Services (CMS) provides health coverage to more than 100 million people through Medicare, Medicaid, the Children's Health Insurance Program, and the Health Insurance Marketplace.

For pdfFiller’s FAQs

What is CMS-2552-96?

CMS-2552-96 is a cost report form used by rural health clinics and certain other healthcare facilities to report their costs and obtain reimbursement from Medicare.

Who is required to file CMS-2552-96?

Providers such as rural health clinics and critical access hospitals that seek reimbursement for services rendered to Medicare beneficiaries are required to file CMS-2552-96.

How to fill out CMS-2552-96?

To fill out CMS-2552-96, providers must collect financial data, categorize costs, complete various sections of the form accurately, and ensure compliance with Medicare guidelines before submitting it.

What is the purpose of CMS-2552-96?

The purpose of CMS-2552-96 is to allow healthcare facilities to demonstrate their costs and facilitate the reimbursement process for Medicare covered services.

What information must be reported on CMS-2552-96?

The information that must be reported on CMS-2552-96 includes provider identification, cost data, statistical data, and details about services provided, among other financial information.