Our Company specializes in deep reviews of Medicare cost reports for Criitical Access Hospiitals (CAHs). Healthcare executives know cost reports are critical to the profitability and cash flow of their hospital. Cost Report Strategies, LLC makes sure that you are getting paid properly by Medicare!
Our reviews are comprehensive, analyzing the complex details of these reports including the underlying supporting workpapers. Unlike the original preparer of the report, we are not racing to meet a filing deadline. That means we take the time to understand the logic and appropriateness of the data and ask "is this the best way?".
We have developed a Cost Report Model© that offers the ability to do "what if" analyses on assumptions regarding expense levels, days-of-care, payor mix, etc. and their impact on Medicare reimbursement. AND, it calculates the settlement with Medicare on an interim basis !
Hosted on the web, this tool is available on a subscription basis.
We only charge a fee if we are successful in improving your reimbursement.
And, no fee is charged if you do not implement our recommendations.
"Bill worked with us on a review of our cost report for items we might have treated incorrectly and we purchased his Cost Report Model. I was very pleased with both efforts and would wholeheartedly recommend him to anyone."
Buddy Yates, Jr.
Chief Financial Officer
Lackey Memorial Hospital
"We reviewed the current year cost report and refiled two prior year reports with Bill. It was definitely worth the time and his fee was money well spent. The forecasting model is also very helpful for planning and reserve purposes. I would highly recommend RSRH for any critical access hospital."
Steve Marinelli
Chief Financial Officer
Choctaw Regional Hospital
"North Mississippi engaged RSRH Consulting to help conduct various Cost Report related issues. We have found Bill's expertise to be a great benefit to us as well as providing us a valuable tool, through their Cost Report Model, to gauge our Medicare settlement throughout our fiscal year."
Brantley Hickman, Financial Manager, Administration
Kelvin Monroe, Community Hospital CFO
North Mississippi Health Services
"Our facility engaged RSRH Consulting to review our cost reports and we were successful in finding significant issues that were recoverable for our hospital. Bill was very professional and knowledgeable. I can recommend him without reservation. We are also using the Firm's Cost Report Model(c) and it is very beneficial in helping to estimate the annual cost report settlement on an interim basis."
Dean Snider
Chief Financial Officer
Copiah County Medical Center
“Mr. Garry “Bill” is awesome. It appears he found that “needle in our haystack” that I truly feel no one else could. In all confidentiality, we can’t say how much but let’s say he found close to 7 figures for our small critical access hospital. Thank you, Bill, words can’t express how much we appreciate your help.”
Steven L. Anderson, CPA, MBA
Perry Memorial Hospital
“Bill helped us identify an opportunity in our CAH cost reports that we have not considered in the past. Complacency can be an ugly thing! Bill logically explained the opportunity, had resources available to support, and was able to demonstrate successful outcomes with other facilities for the same issue. We appreciate Bill’s attentiveness, responsiveness, and deep understanding of rural health finance and reimbursement. Bill is a valuable resource for us in the CAH space.”
Matt Barr, CPA
Vice President – Accounting Services
Carilion Clinic
540.224.5831
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