Date: December 9, 2020
Time: 12:00 am - 12:00 am
QMC Speakers Series

Cost Data Collection Update

3:00 PM ET

REGISTER

As part of the Bipartisan Budget Act of 2018, the Centers for Medicare and Medicaid Services (CMS) requires that all providers
of ground ambulance services collect and report expenditures, revenues, utilization, and other departmental statistics. This
data will be used to assess current payment rates and inform future reimbursement rates. In November 2019, CMS selected
2,600 ambulance providers to complete the Medicare Cost Survey. “Failure to sufficiently submit the required information will
result in a 10 percent reduction to payments under the Ambulance Fee Schedule (AFS) for one year” (CMS, 2019). Precise and
complete cost data collection is critical to the establishment of adequate future rates.

Join us as our friends from the Public Consulting Group lend their knowledge to helping you better understand this challenging process ahead.

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