Cost Report Audit and Desk Review

Cost report audits and desk reviews, like health care reimbursement processes, have evolved into powerful tools for addressing specific program goals and objectives. Cost report verification processes are used to verify that reimbursement rates and settlements are correct and to develop databases of accurate cost and statistical information that serve as a foundation from which sound health care reimbursement policies are formulated.

At Myers and Stauffer, we handle more than 3,000 health care provider cost report audits and desk reviews each year. Our experience includes audits for hospitals, skilled nursing facilities, federally qualified health centers, rural health clinics and home health agencies. Using sophisticated analytical and testing methods, Myers and Stauffer can identify erroneous and/or abusive cost reporting practices. Our efforts have saved state agencies literally millions of dollars, while at the same time ensuring program policies are based upon accurate cost and statistical information.

Through an intensive training program, we provide our professionals with detailed understandings of the Medicare and Medicaid cost reporting definitions of allowable cost and the underlying reimbursement processes. There can be no substitute for this in-depth knowledge. It allows us to accurately assess the risk of reimbursement misstatements and to focus our audit and desk review efforts where the risk is greatest. This allows us to efficiently protect program funds and minimize disruption of provider operations.

We have earned a reputation for our ability to see the big picture and to efficiently apply risk-based auditing procedures to each engagement. As certified public accountants, we adhere to rigorous quality control procedures and maintain professional standards as set forth by the American Institute of Certified Public Accountants.