Medicare Skilled Nursing Facilities Bad Debt Compliance Update
Medicare SNF bad debt remains one of the last dependable cost‑report reimbursement opportunities,…
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Medicare SNF bad debt remains one of the last dependable cost‑report reimbursement opportunities,…
Many Virginia nursing facilities invest significant resources in renovations, building improvements, and bed additions, yet fail to take advantage of an opportunity that may increase Medicaid reimbursement before the next annual rate cycle.
One of the primary ways Medicare determines whether two organizations are “related parties” is through the common ownership test. When common ownership exists, transactions between the entities may be subject to the related-party cost principles of 42 CFR § 413.17, which generally require costs to be reported at the supplier’s cost rather than the amount charged.
Related-party transaction disclosures are a critical component of Medicare cost reporting and serve as an important safeguard protecting the …