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Pt. 41442 CFR Ch. IV (10102 Edition)(i) There is a delay by the intermediary in making payment to the SNF. (ii) Due to an exceptional situation, there is a temporary delay in the SNES preparation
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42 CFR 412.116 refers to the regulations established by the Centers for Medicare & Medicaid Services (CMS) regarding the method for determining the cost of care provided by certain healthcare facilities.
Healthcare facilities that provide inpatient services and participate in Medicare are required to file under 42 CFR 412.116.
To fill out 42 CFR 412.116, healthcare facilities must gather necessary financial data, provided in the form prescribed by CMS, ensuring accuracy and compliance with reporting guidelines.
The purpose of 42 CFR 412.116 is to establish a standardized method for calculating reimbursement rates for inpatient care, ensuring that costs are appropriately represented and compensated.
Facilities must report information related to patient care costs, including labor, supplies, and overhead expenses associated with providing inpatient services.
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