Medicaid / Medicare Cost Reports
Throughout upstate New York, The Bonadio Group provides consulting for and preparation of Medicare and Medicaid cost reports. We work with Skilled Nursing Facilities, Diagnostic & Treatment Centers, Hospitals, Home Health Agencies, Personal Care Providers, and Assisted Living Facilities.
We understand that margin pressures make it imperative that you secure all of the Medicare/Medicaid reimbursement that is your due. Our dedicated team’s hands-on experience, culminating in the preparation of over 1,000 Cost Report to date, has resulted in our client’s securing hundreds of millions of dollars from Medicaid, Medicare and third party payors. Our & MORE way of doing business means that our team is also dedicated to staying abreast of changes in reporting requirements to better serve you and exceed your expectations.
Bonadio’s Cost Reports record your facility’s costs and charges associated with providing services to all patients, the portion of those costs and charges allocated to Medicare/Medicaid patients, and payments received. However, we go beyond preparing required documentation - we also provide insight and observations on your reimbursement situation, including benchmark data to help you understand how your Medicare/Medicaid patient care costs compares to industry averages. Our experience also facilitates our ability to interpret the results of your cost reports to pinpoint profit and loss on individual products lines or services.
If you prepare your own cost reports, we can provide a review service that will include a summary of observations and recommendations about the data provided as well as opportunities to enhance reimbursement in the future.
Bottom line: Bonadio will prepare or review your Medicare/Medicaid Cost Report to help you receive all the revenue to which you are entitled. We will not let a complicated system or ever-changing, complex regulatory compliance requirements stop you from getting what you deserve.
Healthcare Regulatory Compliance Made Easier
Bonadio’s Compliance Solutions Services
- Corporate Compliance
- Compliance Officer Assistance
- Compliance Risk Assessment
- Compliance Plan Development
- Compliance Plan Implementation Assistance
- Compliance Education
- Ongoing Auditing & Monitoring
- Policy & Procedure Review, Modification & Creation
- Compliance Hotline (Hosting & Monitoring)
- Compliance Toolkit (including more than 20 model policy and procedure templates)
- HIPAA Privacy Compliance
- Risk Analysis
- Implementation Assistance
- Document Creation
- Policy & Procedure Modification
- Workforce Training
- Medicaid / Medicare Regulatory Compliance
- OPWDD, OMH, & OASAS Services
- Billing & Documentation Risk Assessments (Reviews)
- Comprehensive HCBS Waiver Documentation Training
- Medicaid Service Coordination
- Documentation Training
- Writing Workshop for the Direct Care Staff
- Physician Services
- Internal Documentation Reviews
- Process Improvement Design
- Process Improvement Facilitation / Training
- Documentation Format Review / Modification / Creation
- Policy & Procedure Review, Modification & Creation
