Cost Reports

Medicare Cost Report Preparation

Since inception of our firm in 1991 we have acquired extensive experience in preparation and successful filing of Medicare Cost Reports for Home Health Agencies and many other health care provider types. We have over 10 years of personal experience in dealing with Medicare staff in regards to IPS system detailed financial and cost report review. Therefore we clearly understand the regulations and principles of cost report preparation and appropriately guide our healthcare clients to remain in compliance with Medicare requirements in their day to day operations. Preparation of a cost report is not enough unless supported by an insight advice to the clients. We can proudly say that we have acquired a niche in preparation and advice for any types of healthcare cost reports.

Accounting for cost report is unique and different from accounting for tax return preparation. We make sure that your accounting records are completely aligned for cost report and tax accounting. Our payroll departmentalization process is very critical to correct cost allocation to correct cost centers to built the right structure of the cost report.