CAH CFO-Administrator Forum: Show Me the Money – Maximizing Value From Your Medicare Cost Report

On December 6, 2022, EqualizeRCM sponsored a forum for CFOs and CEOs of Critical Access Hospitals, with Clint Brill, a leading expert in Medicare Cost Reporting from Blue & Co., about how to make better decisions using the Medicare Cost Report during, “Show Me the Money: Maximizing Value From Your Medicare Cost Report.”

On December 6, 2022, Clint Brill, Senior Manager, Blue & Co. presented “Show Me the Money: Maximizing Value from Your Medicare Cost Report.  Clint took a deep dive into understanding core concepts behind Medicare Cost Reporting, utilizing the Medicare Cost report for decision-making/budgeting/forecasting, and a basic overview of Medicare Cost Report Worksheets.  Participants were very impressed with the level of detail provided by Clint Brill, especially as it related to making decisions using the Medicare Cost Report as a strategic tool.

The 90-minute Forum also featured a roundtable discussion by CEO/CFO participants.  The group discussion was facilitated by Forum Moderator Chris Ekrem, FACHE, VP of Hospitals at EqualizeRCM.

EqualizeRCM is pleased to sponsor another relevant educational session with expert speakers for rural hospital administrators and CFOs. The 12/6 Forum focused on the following:

Reimbursement and decision making through utilization of the Medicare Cost Report, considerations for RHCs, a discussion about the role of cost accounting and how Medicare Advantage patients are handled from a reimbursement perspective, an outline of Cost Report worksheets, how the ratio of cost to charges affects reimbursement, the importance of financial statements, and special designations.

A written summary of the 12/6 CAH Forum is available by contacting Chris Ekrem at Chris.Ekrem@CAHForum.com.