Medicare Cost Report Preparation

The Medicare/Medicaid programs require annual cost report submission for hospitals. While only a fraction of hospitals receive cost based reimbursement directly originating from the cost report, the report is still vitally important. It is used to develop the Medicare wage index, DRG cost weights, and cost to charge ratios which drive your Medicare PPS payments.

Toyon Associates has created a team of highly skilled specialists dedicated to the production of Medicare/Medicaid cost reports. The benefits of having Toyon Associates' experts create your next cost report include:

Focus. In-house staff often need three months or longer to complete a cost report. Our robust software and experienced consultants require a fraction of that time. Let your staff focus on day to day operations and finding increased efficiency within your organization. While we focus on the reporting and compliance, you can maximize the value of your staff's time.

Innovation. As an industry leader in cost report preparation, we see more issues, discuss more strategies, develop more solutions, and have more experience. Put our breadth and depth of expertise to work for your facility to ensure you are not missing valuable opportunities.

Accuracy. Toyon Associates proprietary software utilizes a multitude of safeguards to ensure precise reports. Our software is continuously being enhanced and our consultants receive ongoing educational training. Our expert team creates accurate and reliable cost reports prepared to the highest and most current standards.

Peace of mind. When CFO's sign this document, they are personally certifying compliance. Sign with confidence! Toyon Associates delivers compliance, accuracy, and optimum reimbursement, year after year.