fbpx

< Back to Thought Leadership

Medicare Cost Report Filing Extension

On March 24, 2020, multiple Medicare Administrative Contractors (MACs) have announced CMS has extended the due date for cost report filings. The providers covered in this extension include Hospitals, Rural Health Clinics, Federally Qualified Health Centers, Home Health Agencies, and Hospice providers. This extension is a blanket extension, meaning the providers do not need to send a request to their MACs for approval. Below is a summary showing the new filing deadlines based on the providers’ fiscal year ends.

Fiscal Year EndOriginal Due DateExtended Due Date
October 31, 2019March 31, 2020June 30, 2020
November 30, 2019April 30, 2020June 30, 2020
December 31, 2019May 31, 2020July 31, 2020

 

If you have questions about how this extension may impact your facility, please contact Kyle Smith, Tyson Roberts, or Shawn Adams.

Please continue to monitor our Coronavirus Resources and Information Page and COVID-19 Relief & Operations FAQs for updates.

single audit threshold

The Evolution and Impact of the Single Audit Threshold in 2024

By Claudia Valarezo Guerrero, MAccy, Senior Accountant at Blue & Co. As organizations navigate evolving financial regulations, staying informed about changes is crucial for compliance and operational efficiency. A Single […]

Learn More

IRS 501(r) Compliance: Financial Assistance Policy and Amounts Generally Billed Calculation

Non-profit hospital organizations as defined by Section 501(c)(3) must meet requirements imposed by Section 501(r) on a facility-by-facility basis to be treated as a tax-exempt organization. According to the Internal Revenue […]

Learn More

Hospital Price Transparency: What’s New in 2024 and Beyond

The Centers for Medicare & Medicaid Services (CMS) has introduced significant changes to the requirements for hospital price transparency. The aim is to enhance pricing transparency and ensure compliance with […]

Learn More