Cost Report Process Begins for Hospices with Jan-Dec Fiscal Year
For fiscal calendar year Hospices cost reports are due the last day of May. Submission templates will be emailed soon. The deadline for submitting information to Multi-View for cost report preparation is April 30.
Most clients are familiar with the Cost Report Submission Template we provide. It simplifies the aggregation of lots of cost report data. This year we’ve created a new Real-View video to guide you through the Submission Template. It will save you time by showing you what you need, and what you don’t.
Here’s what we’ll need for cost report preparation. Remember, don’t wait until you have everything. Send us what you have and we’ll get started. Audited financials are not required.
- Multi-View’s Submission Template
- PS&R
- Ending Trial Balance in Excel
- Balance Sheet
- Income Statement
Last year Multi-View completed hundreds of cost reports in April and May. We’re expecting more this year, so get your information to us as soon as possible. Every cost report is processed using System 51… our proprietary 51 step process that verifies the accuracy and integrity of each report. Last year our average completion time for reports once we had received all the information was just 7 days. But, of course, the earlier we get your information, the sooner you get it back.
If you have not received your submission template by March 13th, please call or e-mail us ASAP!
Click Here to learn more about our Medicare Cost Report service for Hospice.
