Gain insight on SNF Medicare bad debt and optimize reimbursement
Understanding the requirements for bad debts and utilizing the Medicare bad debt reimbursement opportunities can improve your facility’s bottom line.
As-filed FY 2022 cost reports show that 75% of facilities nationwide reported allowable Medicare Part A bad debts, and claimed, on average, close to $72,000 of reimbursable bad debts per facility, or $22.80 per Medicare A patient day.
Our recently updated Medicare bad debt checklist includes a link to the new CMS reporting template and was designed to help Skilled Nursing Facilities identify Medicare cost report opportunities and retain reimbursement during Medicare cost report audits by the Medicare Administrative Contractor.
Want more information? Listen to experts from BerryDunn's healthcare consulting team discuss various Medicare bad debt and reimbursement strategies and considerations.
Meet our Senior Living experts
Lisa is a Principal in BerryDunn’s Healthcare Practice Group and leads the firm’s Senior Living Practice. She has concentrated on serving clients across the healthcare continuum, focusing on senior living organizations, medical practices, and acute care hospitals for the past 20 years.
With over 20 years of long-term care experience, including experience as an SNF, assisted living, and home care administrator, Olga has a deep knowledge of industry trends and best practices. Her clients from coast to coast appreciate her straightforward, collaborative approach that emphasizes stakeholder education and engagement.
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