News and Updates

Archive for the ‘IPF’ Category

Reminder: Interest on Medicare Overpayments

Posted on: September 7th, 2012 by Michael Freeman

As several of our providers have established extended repayment plans due to SSI adjustments or outlier reconcilliations, we feel it necessary to remind providers how the interest related to the overpayments needs to be treated in the general ledger so that the Medicare Cost Report can be properly prepared.

In accordance with PRM I Section 202.1, interest related to Medicare Overpayments is not allowable.  Hence, if you have incurred such interest it needs to be recorded in a seperate general ledger account so that the amount can be identified during Mediare cost report preparation and maintain an adequate audit trail from the cost report to the trial balance. (more…)

Update: Useful Contact Information for Novitas

Posted on: September 7th, 2012 by Michael Freeman

We encourage all of our providers that have recently transitioned from Pinnacle to Novitas to spend a little time on the Novitas website  There is an abundance of usual information and downloads available to the provider.   While we usually recommend that our provider’s contact us with any reimbursement related issues that require intermediary contact, we thought it would be good to provide you with this link for Novitas contact information.

If you have recently transitioned from Pinnacle, you are in MAC Jurisdiction H.  (more…)

Update: IPF PPS-Update for Fiscal Yr Beg. 10/1/12 (FY 2013)

Posted on: August 27th, 2012 by Michael Freeman

The linked notice (published 8/7/12) updates the PPS rates for Medicare inpatient services provided by inpatient psychiatric facilities (IPF’s).  These changes affect discharges occurring during the FY 2013 (10/1/12-9/30/13).  Major provisions in this update include: (more…)