Get the free CMS-2552-96

This form is used to report costs associated with direct graduate medical education for providers, including calculations related to resident counts, GME payments, and cost allocations. It also includes

How to fill out cms-2552-96

How to fill out CMS-2552-96

1. Obtain the CMS-2552-96 form from the official CMS website or your local Medicare administrative contractor.
2. Begin by filling out the facility identification section, including the name and address of the institution.
3. Enter the period for which you are claiming reimbursement.
4. Complete the financial data section, providing detailed information about costs, revenues, and health care services provided.
5. Fill in the allocation and cost reporting sections as required, using appropriate cost centers.
6. Ensure that the calculation of costs and allowable expenses is in accordance with Medicare regulations.
7. Review the completed form for accuracy to avoid any billing delays. Include any necessary supporting documentation.
8. Submit the form by the specified deadline to your Medicare administrative contractor.

Who needs CMS-2552-96?

1. Skilled nursing facilities, hospitals, and other healthcare institutions that provide services to Medicare beneficiaries and wish to report their costs for reimbursement.

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 required by the Centers for Medicare & Medicaid Services (CMS) used by skilled nursing facilities to report their costs and provide financial information essential for the calculation of Medicare reimbursement.

Who is required to file CMS-2552-96?

Skilled nursing facilities that provide services covered by Medicare are required to file CMS-2552-96 to report their financial costs, including both direct and indirect costs associated with patient care.

How to fill out CMS-2552-96?

To fill out CMS-2552-96, providers must gather relevant financial data, including costs of services, patient care days, and revenue sources, and accurately complete each section of the form according to the provided instructions and guidelines set forth by CMS.

What is the purpose of CMS-2552-96?

The purpose of CMS-2552-96 is to collect necessary financial information from skilled nursing facilities to ensure they are reimbursed appropriately by Medicare for the services they provide.

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

The information that must be reported on CMS-2552-96 includes detailed cost reports, revenue from patient services, patient care days, and any other financial data necessary for accurately determining the facility's Medicare reimbursement rates.