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Cost Report & Reimbursement
Cost reporting in the heath care industry is about two things—compliance and reimbursement. Without the first, you won’t receive the last. BKD National Health Care Group is one of the largest preparers of Medicare and Medicaid cost report preparation services in the country. In more than four decades, we have prepared thousands of cost reports for health care providers including hospitals, senior residential facilities including long-term care centers, nursing facilities and continuing care retirement centers, home health agencies, community health centers and rural health clinics.
Preparation of annual Medicare and Medicaid cost reports is the foundation of BKD National Health Care Group’s reimbursement services. We help providers keep up with changes in reporting requirements while completing reports timely. Our services help providers like you interpret the results of your cost reports so you know if you make or lose money on individual service lines.
For many providers, unique reimbursement provisions can still affect reimbursement if properly presented on the cost report. Our CPAs and advisors can assist with analyzing your reimbursement situation so you understand how you are being paid compared to the cost of rendering services to Medicare and Medicaid patients and compared to industry averages.
Brian Hickman
Brian Hickman
Partner
Consulting
Health Care
Springfield
417.865.8701
Jon Unroe
Jon Unroe
Partner
Consulting
Health Care
Houston
713.499.4600
I have used BKD at two different facilities for a full range of financial services. Their professionals have provided us with audit, tax, coding and billing and cost report services and have assisted us in operations management and revenue enhancement. Routinely, implementation of their recommendations had a positive influence on the financial outcomes of our programs.
— Brooks Miller, Executive Director
Jordan Valley Community Health Center
Springfield, Missouri
The people at BKD are a great asset. Our advisor is easy to work with and very knowledgeable. He is accessible and takes the time to teach and advise, showing he really cares about our business.
— Mina Acquaye, Chief Executive Officer
Excell Home Care
Oklahoma City, Oklahoma
Catholic Health Partners is an important client—that’s the clear message I get from BKD. From partner interaction to the hands-on involvement and accessibility of senior-level and other personnel, theirs is an adept team effort that works very well. They are highly responsive to our needs. I also appreciate the wide range of BKD services I can use for more complex business issues.
— Scott D. Schitter, CPA
Corporate Director of Reimbursement & Tax Services
Catholic Health Partners
Cincinnati, Ohio
Last year our 60-bed facility census was low, there was no reimbursement and by December we were $100,000 in the red. This is when we hired BKD for the Medicare certification and training. The following fiscal year end we were $98,000 in the black and able to keep the facility running.
— Donna Stelling, Administrator
Good Samaritan Nursing Home
Cole Camp, Missouri
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