Examples of Cost Report in a sentence
For Contractors for which data from the Healthcare Cost Report Information System of the Center for Medicare and Medicaid Service is not available, the contract rate will start at 50% and be reviewed annually until data becomes available to use to calculate the contract rate.
The final cost report submitted pursuant to the terms and conditions of this Agreement shall be prepared using a format that is substantially similar to Exhibit C – Final Cost Report Form, which is attached hereto and incorporated herein by reference as if set forth in full.
All information related to any Cost Report from 2018 through 2023 has been or will be, to the extent not prohibited by applicable Law, provided to Buyer before the Effective Time including but not limited to, all workpapers, Medicare Administrative Contractor communications, CMS or MAC vendor communications, including notices of overlapping residents, and audit adjustment reports.
Each Contractor’s rate will be calculated by averaging the Contractor’s cost-to-charges ratio for inpatient services with the Contractor’s cost-to-charges ratio for outpatient services based on data from the Healthcare Cost Report Information System of the Center for Medicare and Medicaid Services, unless otherwise specified.
All payments are interim payments only and are subject to Final Settlement in accordance with the Cost Report Paragraph of the Contract for which CONTRACTOR shall be reimbursed for the actual cost of providing the services hereunder; provided, however, the total of such payments does not exceed the Amount Not To Exceed as noted in the Referenced Contract Provisions of the Contract and provided further, CONTRACTOR’s costs ae reimbursable pursuant to COUNTY, State and/or Federal regulations.