Cost Reporting
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Today’s healthcare providers are faced with complex business challenges. As the urgency to increase cash flow mounts and the pressure to improve the bottom line grows, the challenge is greater than ever before. As you are aware, your reimbursement can be impacted in a number of different ways. The Rybar Group has designed services to assist you in navigating the complicated maze of payment regulations.

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Cost Report Reimbursement Review (top of page)
The Rybar Group consultants are dedicated to assisting you in the preparation and filing of your current year cost report. They will spend time onsite at your facility, reviewing your supporting documentation, and making recommendations where opportunities are revealed. In addition, our consultants are available to review your prior year Medicare, Medicaid, and Blue Cross cost reports, and can assist in the preparation of workpapers and negotiation with third-party payors. Through the use of our cost report review, you will be assured that the latest changes in Hospital operations will be reflected in filed cost reports, a list of all potential reimbursement methodology changes will be compiled, and optimized reimbursement amounts will be achieved, all at a savings of time and effort by your staff.

Appeal services are available, including analysis and preparation of cost report appeals, TEFRA Exception Requests, Renal Exception Requests, MGCRB Reclassification Requests and Sole Community Low Volume Adjustment Requests.

Blue Cross Payment Negotiation (top of page)
The complexities of the BCBS payment negotiation process creates the need for a high level of expertise to help obtain appropriate payment levels. Our many years of experience and successful negotiation skills are utilized to assist our clients in working through the process. Specific services include the analysis of Blue Cross audit adjustments, development of documentation and workpapers to support Hospital positions, assistance in or direct negotiation with BCBS staff and management, and guidance on potential opportunities based upon the negotiation.

Disproportionate Share Review (top of page)
Verifying DSH eligibility can be a time-consuming and tedious task. The Rybar Group recognizes the work involved in such an assignment, and has developed programs to assist Hospitals in this area. Ensuring that your facility is properly reimbursed for the services that you provide, and for the criteria DSH that you meet, are some of the various services that we specialize in. We have assisted several urban and rural Hospitals in obtaining payment as a result of meeting the eligibility threshold for DSH payments. The Rybar Group has the resources to provide your Hospital with the same support. Click here for more information...

Sole Community Hospital and Medicare Dependent Hospital Status (top of page)
The Rybar Group can prepare an application for Sole Community Hospital status consistent with the applicable Medicare regulations for your facility. Before beginning the application process, our consultants will analyze the financial impact of your facility becoming a Sole Community Hospital, providing you with a summary of this impact. Any negotiation with relevant United Government Services (UGS) and Medicare management over the application will be handled by consultants experienced in this area. We will follow through with the PRRB appeal process where applicable. Upon successful completion of the application, your Hospital can realize increased reimbursement amounts for Medicare purposes.

Financial Analysis and Assistance (top of page)
Another “pair of hands” is available to perform those analyses that healthcare providers may not have time or expertise to prepare. These include:

  • Development of feasibility analyses on proposed projects.
  • Contract Analsys
  • Preparation of budgets, forecasts, and projections.
  • Reimbursement and payment analysis assistance with preparation of cost reports, third-party audits, and negotiation over reimbursement issues.

Tricare/CHAMPUS Reimbursement (top of page)
Our team of professionals will review indirect medical education and capital payments to determine if reimbursement amounts from CHAMPUS are accurate.

Strategic Pricing Analysis (top of page)
Positive bottom line impact can be achieved from appropriate pricing of Hospital procedures and analysis of departmental revenues. Our computerized revenue system permits us to enhance Hospital net income by using provider-specific payor and procedure mix in the rate setting process. The result is a summary of the procedure/pricing recommendations that can enhance your net revenue by as much as 1% to 2%.

Square Footage Allocation (top of page)
New construction, additional leasing, reallocation of space. These are continuous processes for healthcare organizations as they grow and change. Compliance with Medicare reporting requirements necessitates annual reviews of square footage allocations.

 

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