Cost Report Preparation

Gain confidence with timely, accurate cost reporting

For healthcare providers reliant on Medicare and Medicaid reimbursement, accurate cost reporting is often complicated by the complexity of federal and state regulations. With substantial experience in cost reporting and in-depth knowledge of Medicare and Medicaid reimbursement rules, our full-service team can help you navigate and comply with the myriad of rules and regulations. The BerryDunn team provides the expertise and experience clients need to gain operational insights from the cost report, achieve favorable audit results, and avoid the risk of unforeseen settlements. We offer:

A proven process. We view the cost report process as not just a compliance requirement, but rather an opportunity to gain insight into a provider’s operations through operational assessment, analysis, and benchmarking. We have made it our business to be on the forefront of the ever-changing reimbursement landscape. Our healthcare experts are knowledgeable in all aspects of the cost report preparation process—both at the national and state level.

Close collaboration. Our reimbursement experts work closely with your team to compile the necessary information to prepare a complete and accurate cost report and maximize reimbursement.

Industry benchmarking. Our team actively maintains industry data, highlighting key cost and operational details for in-depth peer comparisons. Working with that information, we identify areas of your strength and vulnerability, and work collaboratively to develop and implement strategies for your improvement.

Audit support. Our involvement does not end with the submission of the cost report. We actively work with federal and state regulators throughout the audit process to achieve favorable results and avoid unforeseen settlements. 

We provide comprehensive, year-round cost reporting support for the following providers:

• Assisted living facilities
• Federally Qualified Health Centers
• Home health agencies
• Home office
• Hospice
• Hospitals
• Rural Health Clinics
• Skilled nursing and long-term care facilities

To learn more, please contact our cost report preparation services team.