Final FY 2014 Wage Index PUF Now Available
Date Created: 05/07/2013
CMS published the final wage index Public Use File (PUF) reflecting the Proposed Rule for the FY 2014 IPPS update on May 3, 2013 at: http://www.cms.gov/Medicare/Medicare-Fee-for-Service-Payment/AcuteInpatientPPS/Wage-Index-Files-Items/FY_2014_Wage_Index_Home_Page.html The May 2013 public use files were made available solely for the purpose of identifying any potential errors made by CMS or the fiscal intermediary/MAC in the entry of [...]
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FY 2014 Wage Index PUF Now Available
Date Created: 02/27/2013
A revised Public Use File (PUF) for the FY 2014 wage index and occupational mix has been published on the CMS website at: http://www.cms.gov/Medicare/Medicare-Fee-for-Service-Payment/AcuteInpatientPPS/Wage-Index-Files-Items/FY_2014_Wage_Index_Home_Page.html This file reflects the Worksheet S-3, Parts II and III wage data from cost reports for Fiscal Year (FY) 2010 (FY Begin Dates from 10/1/09 to 9/30/2010) and this data has [...]
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Continuation of Low Volume Payment Adjustment and Extension of Special Payment Provision for MDH’s
Date Created: 01/11/2013
The American Taxpayer Relief Act passed on January 1, 2013 included Medicare provisions that will impact some hospitals for cost reporting periods ending after September 30, 2012. Section 605 of the Act extends the current Low Volume Payment adjustment through September 30, 2013. The temporary improvements to the Low Volume Payment Adjustment established by ACA [...]
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October Provider User Meeting in Orlando
Date Created: 06/11/2012
We will hold our Provider User Meeting in Orlando on October 17-18. It will be two full days. The meeting will be held at Disney’s Coronado Resort. We’ve set up a site with information, registration and the hotel reservation info and link. This link is also under our Events tab on our website (HFSSOFT.com). 2012 [...]
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Eric Swanson Joins Health Financial Systems
Date Created: 06/08/2012
We are pleased to announce that Eric Swanson has joined our team at Health Financial Systems. Many of you know Eric from his previous employment at Blue Cross Blue Shield Association, where he served as the Managing Director for the Strategic Government Initiatives Department. He has over 30 years of experience in Medicare Part A [...]
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HFS Releases CMS Approved ESRD 265-11 Medicare Cost Report Software
Date Created: 02/02/2012
CMS approved our new ESRD 265-11 Medicare cost report software on January 30, 2011. We will release the full version of the software on February 3, 2012. You can download the full version of the software from the download page on our website. You can use the new software to prepare and electronically file your [...]
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Short/Terminating Reports and HIT Payments; Which Form to Use and When To File?
Date Created: 07/29/2011
CMS announced that short period and terminating hospitals qualifying for the HIT payment will be granted extensions on a case by case basis for cost reporting periods beginning on or after October 1, 2010 and subsequent and file on the 2552-10. Short period and terminating hospitals not qualifying for the HIT payment will file and [...]
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Short Period SNF Cost Reports to be Filed on 2540-96 Software
Date Created: 07/29/2011
On July 27, 2011 HFS received a memorandum from CMS regarding filing deadlines for SNFs. The following is a summary of the details we received. The 2540-10 is effective for cost reporting periods beginning on or after 12/01/2010. For any short period cost reports beginning on or after 12/01/2010 and ending 11/30/2011, providers will continue [...]
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CMS Confirms Extensions to File 2552-10 Cost Reports
Date Created: 07/29/2011
On July 27, 2011 HFS received written confirmation from CMS that the deadlines to file on the new 2552-10 form set will be extended. The following is a summary of the details we received. CMS issued a 30-day extension for 4/30/2011 FYE providers (Joint Signature Memo/Technical Direction Letter – 11204, 03-03-11). All providers with full [...]
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Hospital 2552-10 Software Development & Proposed Filing Extensions
Date Created: 07/15/2011
We are currently beta testing the new 2552-10 software in numerous sites across the country. Unfortunately, the new form set is still not final and therefore neither is our hospital software. CMS is still working on Transmittal 2. Transmittal 2 is needed is to fix various problems in Transmittal 1 (the current version of the [...]
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