Posted on Thursday, June 14, 2018 3:30 PM
Palmetto GBA has experienced many providers submitting untimely and/or incomplete cost reports. A large majority of payment withholds are a result of submission of the cost report electronically through eServices, but failure to mail the worksheet with signature.
It is imperative to file timely and complete to prevent being placed on payment hold! When a cost report is filed late, the provider will be placed on payment hold. The payment hold will be released after the cost report has been received, reviewed, and accepted. In peak periods (such as the month of June), it may take 30 days to accept the report. You may refer to Cost Report Filing Information for further details.
Source: NAHC Report
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Corridor is the nation’s preferred partner and trusted business advisor to home health and hospice providers, providing quality services and impactful results for 30 years. Focusing on key operational, regulatory and financial challenges, Corridor delivering industry-unique solutions and deep expertise in coding, clinical documentation review, compliance, billing and collections , consulting and provider staff education . At Corridor, we make the business of caring for people Better! For the most important industry updates and news that impacts home health and hospice, please make sure to sign up for our weekly newsletter to receive the latest up-to-date industry information direct to your inbox!
For additional information, please contact Corridor at 1-866-263-3795.
