Home Office Cost Statements Due Date
Section 1815(a) and 1833(e) of the Social Security Act provide that no payments will be made to a provider unless it has furnished the information, requested by the Secretary of the Department of Health and Human Services (through the fiscal intermediary) needed to determine the amount of payments due the provider. In general, this is accomplished by submission of Medicare cost reports, as set forth in §§ 413.20 and 413.24 of the Code of Federal Regulations. Under § 413.20(a), all providers participating in the Medicare program are required to maintain sufficient financial records and statistical data for proper determination of costs payable under the program.
Home Office cost statements are required to be filed on the approved CMS Form 287-92. Refer to CMS Pub 15-2, Chapter 31 and Section 3100 for filing instructions. For Medicare purposes, a chain organization consists of a group of two or more healthcare facilities or at least one healthcare facility and other business or entity owned, leased or through any other device controlled by one organization.
Home Office cost statements are due to the Fiscal Intermediary on or before the last day of the fifth month following the close of the Chain Home Office s fiscal year s end. If the Chain Home Office fails to submit a cost statement within that time frame, the FI will notify the Chain Home Office of its failure to submit a cost statement and the servicing intermediaries to issue a demand notice requiring repayment of Home Office Costs. If the Home Office cost statement is not filed, the servicing intermediaries are required to reduce interim payments to the providers to reflect the disallowance of any Home Office costs. Refer to Change Request #1847. This Change Request is applicable for Home Office cost reporting periods beginning on or after July 1, 2002.
Page Last Updated: Wednesday, 31-Dec-2008 10:49:04 CST
