![]() |
---|
|
---|
![]() |
---|
Square
Footage Surveys and Studies
In our Medicare cost reporting practice, SRG has observed a somewhat casual regard for the accuracy of square footage statistics. We strongly believe such inattention can be a compliance issue to the Medicare participating hospital. Even as most hospitals are currently reimbursed under the prospective payment system, square footage statistics remain an integral part of the cost reporting process and are determinative of Medicare reimbursement in many cases. ![]() As a refresher, a significant percentage of hospital overhead cost is allocated on the Medicare cost report using square footage statistics. Accordingly, inaccurate square footage statistics used on the cost report are likely to result in either an overstatement of allowable Medicare costs on the cost report or an understatement of those costs. As a result, the cost to charge ratio for outliers and ancillary departments used for other components of Medicare reimbursement and Medicaid cost-based programs are impacted. More importantly, the accuracy of an institution’s reported square footage data appears to be an indicator of one’s intended compliance with applicable Federal and State regulations. |
---|
In several high profile court cases, federal and state enforcement
agencies have brought costly actions against cost reporting
irregularities, often including the use of inaccurate or undocumented
square footage data
How can SRG bring value to your
institution? We have performed hundreds of square footage studies for
our clients. Our square footage product provides a detailed analysis of
every space in the hospital using computer aided design (CAD) programs
designed specifically for this purpose.In our Medicare cost reporting practice, SRG has observed a somewhat casual regard for the accuracy of square footage statistics. We strongly believe such inattention can be a compliance issue to the Medicare participating hospital. Even as most hospitals are currently reimbursed under the prospective payment system, square footage statistics remain an integral part of the cost reporting process and are determinative of Medicare reimbursement in many cases. We provide to you a turn-key package of precise documentation that includes a summary schedule for use on the Medicare cost report and supporting schedules showing room by room square footage cross referenced to computer assisted design drawings. The hospital receives the CAD file along with a Microsoft Excel file useful for tracking future changes to square footage statistics. If questions arise in future audits, SRG stands prepared to respond at no additional charge. SRG offers your organization The Best People —
A
broad and deep offering of experienced people, methodologies and tools
for getting at the underlying value in many of the regulatory and
reimbursement areas. We have designed the team at SRG to serve
you with resources and knowledge that only years of reimbursement
experience and forward thinking can provide.
Proven Success —
Our clients can offer the best measure of our performance. They
have told us that they hired us because SRG brought best practices,
discipline and methodologies to drive the project and the manpower to
alleviate the time demands on their people. The team of
professionals assigned to serve you has achieved a track record of
success.
Speed to Value —
Getting results quickly is important. We will commit our project
team to meeting a mutually agreed upon timeline for each of your
projects.
Easy Working
Relationships
— Our reimbursement experience allows us to work effectively with your
staff to minimize interruptions. SRG’s services allow you to
remain focused on regular day-to-day operations.
|
Home | About
SRG | Our
Solutions | Knowledge
Center | Contact |
---|