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DEPARTMENT OF HEALTH SERVICES Division of Medicaid ServicesSTATE OF WISCONSINF01812 (10/2021)WISCONSIN MEDICAID PROGRAM 2021 NURSING HOME COST REPORT SCHEDULE 1: Facility & Preparer Information Macros
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Cost reports are detailed financial reports that provide information on the costs incurred by a business or organization.
Healthcare providers such as hospitals and nursing homes are typically required to file cost reports.
Cost reports are usually filled out by using specific forms provided by the relevant regulatory agency or organization.
The purpose of cost reports is to help monitor and control costs, ensure compliance with regulations, and determine reimbursement amounts.
Cost reports typically include information on expenses, revenues, patient counts, services provided, and other financial data.
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