Our experienced cost report professionals provide extensive Medicare and Medicaid cost reporting services to help healthcare providers stay compliant and enhance reimbursement. From tailored cost report training and end‑to‑end cost report preparation to detailed workpapers and advanced reporting tools, we help simplify the complexities of CMS and state cost reporting requirements.
Cost Reporting Preparation & Review
Cost reporting is the strategic hub for many methods of third-party and governmental reimbursement. However, with an ever-changing regulatory environment, providers face the monumental task of balancing regulatory changes and staffing constraints to complete their cost reports.
Our focused, collaborative cost report professionals deliver tailored services to support your reimbursement department. We leverage our in-depth knowledge of rapidly evolving regulations to prioritize accurate and complete cost reporting.
Cost Report Workpaper Tool
Coming Soon: HFS+ streamlines cost report preparation to help deliver a concise work product and more effective review process. HFS+ was designed by healthcare finance professionals for healthcare finance professionals in coordination with Health Financial Systems (HFS), the industry’s largest provider of cost report software.
In addition to providing cost report workpaper templates aligned with the latest HFS version, HFS+ features unique dashboards that can help focus cost report reviews and identify trends impacting Medicare reimbursement.
Forvis Mazars also offers an extensive suite of digital solutions. Our advanced technology, data analytics platforms, and financial models help empower healthcare organization to make data-driven decisions and improve operational efficiency.
- *According to Health Financial Systems (HFS)
- **Modern Healthcare’s 2025 Management Consulting Firms Survey
