Elimination of the Completion and Submission Requirements of Form CMS 2088-92 Cost Reports for Comprehensive Outpatient Rehabilitation Facilities (CORFs) and Outpatient Physical Therapy Providers (OPTs)
On August 10, 2001, the Centers for Medicare and Medicaid Services (CMS) notified all Fiscal Intermediaries regarding a change in the cost reporting requirements for Form CMS 2088-92. A Newsletter was issued to our provider community regarding this matter. Please refer to the "Newsletter" page of our website.
The communication received from CMS included the following information:
Section 1834(k) of the Social Security Act establishes the foundation for fee schedule payment for the majority of services rendered by CORFs and all services rendered by OPTs effective for services provided on or after January 1, 1999.
Effective for cost reporting periods ending on or after June 30, 2001, CORFs and OPTs with 100 percent of services reimbursed on a fee schedule basis are no longer required to file the Form CMS 2088-92 cost report (formerly Form HCFA 2088-92). However, CMHCs must continue to file cost reports in accordance with PRM, Part II, chapter 100.
This information is provided by WPS, Medicare Audit & Reimbursement area. Should you have any questions regarding this information, please contact an audit supervisor at 1-866-734-9444 or refer to our Contacts page.
Page Last Updated: Wednesday, 31-Dec-2008 10:49:04 CST
