Cost Reporting Services

Navigating the intricate world of healthcare cost reporting demands precision, expertise, and a thorough understanding of Medicare and Medicaid requirements. At Lawrence J. Beardsley CPA, PLLC, we offer specialized Cost Report Services, providing invaluable assistance with Medicare and Medicaid cost reports. Our services are designed to ensure healthcare providers meet their regulatory obligations while optimizing financial outcomes.

Our cost reporting accountants are passionate about helping your organization succeed and achieve its long-term goals. We take the time to fully understand your structure and processes so that every service we recommend is designed to directly impact your business in a positive way. We serve clients in more than 26 states. Primarily, our firm works remotely but will also gladly come to your office or have you come to ours if needed. Providing you with reliable and personalized financial solutions is our passion. If you’re looking for cost report preparation, give us a call today to schedule your free initial consultation and see how we can help you.

Preparing accurate Medicare and Medicaid cost reports is essential for healthcare providers seeking reimbursement and compliance. Our dedicated team of experts brings in-depth knowledge of healthcare accounting and regulatory intricacies to the table. We work closely with you to compile, review, and submit meticulous cost reports, maximizing your eligible reimbursements and minimizing the risk of audits or penalties. We also prepare the “Crosswalk” which ties our clients’ books to their cost reports and provides a necessary audit trail. We prepare cost reports for all 50 states for all programs requiring a cost report.

Additional Cost Reporting Services

Reviewing In-House Cost Reports: Should you have an in-house cost report preparer, our team can comealongside your team and ensure the accuracy of your reports. We can also analyze your processes to find ways toimprove efficiencies for future cost reports.

Medicare Cost Report Defense or Re-opening: If you believe your facility has been wrongly accused of providinginaccurate cost reports, our team can review, appeal, and revise your cost reports. Our goal is always to present thedata accurately and do everything we can to recover lost revenue.

Our commitment to excellence extends to every facet of healthcare cost reporting. Our Audit and Desk Review Services provide an added layer of assurance. We rigorously review your cost reports to identify potential issues or discrepancies before submission, ensuring precision and compliance. In the event of an audit or desk review, our experienced team stands ready to assist, helping you navigate the process with confidence.

Why Choose LJB CPA for Cost Report Services?

Healthcare Expertise: Our specialized knowledge of the healthcare industry ensures your cost reports align with
industry-specific regulations.

Maximized Reimbursements: We work diligently to maximize your eligible reimbursements, safeguarding your
financial stability.

Compliance Assurance: Our meticulous approach minimizes the risk of audits and penalties, offering peace ofmind to healthcare providers.

Responsive Support: In audits or desk reviews, our team provides prompt and effective assistance, mitigating
potential challenges.

Experience the difference that our Cost Report Services can make in streamlining your healthcare financial management. Contact us today to discuss how we can tailor our services to meet your specific needs and help you navigate the complexities of healthcare cost reporting with confidence.

Whom Do We Serve?

We have worked with numerous healthcare facilities across the country to provide them with excellent cost reporting services. Whether your organization is new or has been in operation for decades, our team can help you. Some of the facilities we serve include:

  • Hospitals
  • Nursing Homes
  • Home Health Facilities
  • Hospice Care
  • Rural Health Clinics
  • Federally Qualified Health Centers
  • Community Mental Health Clinics
  • Central Offices

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