Preparation of Cost Reports
Free Trial Cost Report
1 SNF Medicare Cost Report (2540-96)
Completely Free
Every Skilled Nursing Facility, Home Health Agency needs to submit the Medicare/Medicaid Cost Reports within a prescribed time frame. During cost reporting season, they rush to their Certified Public Accountants for preparing the Cost Report. This season is indeed difficult for Certified Public Accountants to handle the load. To manage the crisis, Promantra extends its services by preparing Cost Reports for Certified Public Accountants.
We aspire to achieve long term relationships with CPA firms and foster a perception of an ideal business partner. CPA firms can leverage our services to prepare larger number of reports during the busy season with no major investment in extending the facility. We offer the know-how of our personnel at very reasonable prices. Our existing clients are enjoying the benefits of reduced operating costs that pull out beyond 50%.
Our team for the Cost Reporting vertical consists of Chartered Accountants (Equivalent to US Certified Public Accountants), Masters Degree holder in Finance and Commerce Graduates. Our associates are specially trained with a US CPA firm to prepare Cost Reports for Skilled Nursing Facility and Home Health Agency. The Training pack by the CPA firm aims at providing knowledge on the reimbursement criteria by Medicaid/Medicare intermediary and to implement the best practices to get the maximum cash inflow for the Provider.
We have sophisticated infrastructure that speeds up the process of preparing and finalizing Cost Reports. We have been consistently meeting/surpassing the service levels of all CPA engagements pertaining to quality, cycle time, productivity and Volumes, providing Certified Public Accountants ample time to review and finalize reports. By employing our services, Certified Public Accountants can focus on providing high value added services like analysis and consulting towards better reimbursement strategies.
We at Promantra value the integrity of our client. We make every possible effort to keep the client data secure. All the employees recruited for the process are required to pass a strict background/reference check. They are also made to sign an undertaking for maintaining the secrecy of the data which is enforceable by law. All the associates work on the dedicated network for Cost reports vertical where access to internet, removable media devices and USB ports are disabled. Camera devices are not allowed inside the floor. We follow the principle of China Wall, where no one other than an employee belonging to Cost Report vertical is allowed to enter the Cost Report bay. We also have round the clock video monitoring system to keep an eye on the floor.
We bring the same passion to every client no matter how small the volumes are. Our existing governance model ensures participation at senior levels that interacts with the client on regular basis to ensure that issues within the engagement are managed proactively. We maintain an online real time work in progress status that can be shared by onshore manager by logging onto our client portal.
