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Medicare Provider Reimbursement Manual Department of Health and Human Services (DHHS) Centers for Medicare and Medicaid Services (CMS) Part 2, Provider Cost Reporting Forms and Instructions, Chapter.

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How to fill out the Fillable CMS-224-14 online

The Fillable CMS-224-14 form is essential for Federally Qualified Health Centers (FQHCs) to report their costs and ensure reimbursement from Medicare. This guide provides clear and structured instructions to assist users in completing the form accurately and efficiently online.

Follow the steps to successfully complete your CMS-224-14 form:

  1. Click the 'Get Form' button to access the CMS-224-14 form and open it for editing.
  2. Begin by completing Part I of Worksheet S, ensuring to fill in the cost report status and indicate if the report is submitted electronically or manually.
  3. In Part II of Worksheet S, provide necessary certifications by an officer or administrator confirming the accuracy of the report.
  4. Proceed to fill out Worksheet S-1 by entering the identification data for your FQHC, including site name, CCN, and designation.
  5. Continue to Worksheet S-2, providing required data regarding any changes in ownership or participation in Medicare during the reporting period.
  6. Fill out Worksheet S-3, entering detailed statistical data regarding medical and mental health visits along with intern and resident contributions.
  7. Complete Worksheet A, ensuring to categorize expenses appropriately under the correct cost centers as indicated.
  8. Add any necessary reclassifications on Worksheet A-1, specifying adjustments accurately.
  9. Make adjustments to expenses via Worksheet A-2, following instructions closely for cost reporting conformance.
  10. Finalize by reviewing Worksheets B and B-1 for calculations and transferring totals to corresponding lines in Worksheet E for reimbursement settlements.
  11. Ensure all sections are completed thoroughly before saving, downloading, or printing the filled-out form.
  12. Utilize the options to save your changes, download the completed form, print it for records, or share it with the necessary parties.

Complete your CMS-224-14 form online today to ensure timely reimbursement and compliance.

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Related content

CMS-224-14 | CMS
CMS-224-14. CMS Form Number. CMS-224-14. Date. 2015-08-04. Subject. Federally Qualified...
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The four steps procedure to prepare the production cost report includes: Summarize the flow of physical units. Compute output in terms of equivalent units of production. Compute the cost per equivalent unit of production. Assign cost to units completed and units in process.

A cost report will generally include all the costs incurred by the date of the report, where they are known, a forecast of the costs likely to be incurred during the rest of the project, in so far as these can be foreseen and estimated, and risk allowances for the possibility of unforeseeable costs.

The Centers for Medicare & Medicaid Services (CMS) is a Federal agency within the U.S. Department of Health and Human Services. Many CMS program related forms are available in Portable Document Format (pdf).

Cost reports usually compare the costs spent on the project with the income earned. Usually these cost reports allow contractors to break the cost and income down into separate cost codes. Contractors can then compare costs versus income for labour, equipment and various materials.

The cost report contains provider information such as facility characteristics, utilization data, cost and charges by cost center (in total and for Medicare), Medicare settlement data, and financial statement data. CMS maintains the cost report data in the Healthcare Provider Cost Reporting Information System (HCRIS).

They can be the basis for pricing future projects, help you streamline material purchases, and provide information on which projects are the most profitable. You'll want to take advantage of your cost reports and get the most useful information from the data.

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