HB732

Prompt Cost Report Reimbursement Act establishes prompt reimbursement for critical access hospitals in Montana.

The Prompt Cost Report Reimbursement Act revises the reimbursement process for critical access hospitals in Montana. It mandates the Department of Public Health and Human Services to make interim settlements within 240 days of receiving a cost report from the Medicare administrative contractor. The act also requires final settlements and adjustments upon completion of the final desk audit by the Medicare administrative contractor.