Home Health & Hospice Week

Industry Note:

Home Office Cost Report Update Could Pose Trouble For The Unprepared

Don’t miss an update to the home office cost report that came out recently.

The Centers for Medicare & Medicaid Services has released “Chapter 48, Home Office Cost Statement, Form CMS‑287-22, effective for cost reporting periods beginning on or after October 1, 2022,” it says. The new report “implements an electronic reporting requirement for the home office cost statement,” CMS notes.

“The revised cost report, which will be required to be submitted electronically, incorporates Level 1 edits,” warns the National Association for Home Care & Hospice in its member newsletter. “Failure to correct a Level 1 edit will result in the inability to submit the Home Office Cost Report electronically,” the trade group stresses.

Links to the updated report are online at www.cms.gov/Regulations-and-Guidance/Guidance/Transmittals/Transmittals/r1p248i.

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