HBS — Healthcare Billing Services, Inc.
55 High Street, Carroll, Ohio 43112
Phone: 740/639.4218 • Fax: 740/639.4217
info@teamhbs.com

55 High Street
Carroll, Ohio 43112

(740)639.4218
FAX:(740)639.4217
info@teamhbs.com

MSP Cost Report and Final Settlement Update

The Ohio Department of Medicaid (ODM) is working to get caught up on the Cost Reporting and Final Settlement process. Ideally, Cost Reports should be filed within 18 months of the end of the school fiscal year (SFY), with Final Settlements paid within 24 months of the end of the SFY. If current, ODM would be working on your 2014/15 Final Settlement, but the 14/15 Cost Report has not yet been filed (due 05/30/2017). The 14/15 Cost Report is the upcoming Cost Report filing that must be filed through the MITS system by the Treasurer.

ODM is in the process of sending out adjudication agreements for the Final Settlement of the 2013/14 SFY Cost Report. If you want your 13/14 Final Settlement to be paid to you before 6/30/2017, please make sure that you sign and return your agreement to ODM before as soon as possible. If you have not yet received your agreement, please contact Chris Carson at ODM Christopher.Carson@medicaid.ohio.gov.

Open Cost Report/Final Settlement Years

2013/14 Cost Report Filed – Final Settlement in process
2014/15 Cost Report Due 05/30/2017
2015/16 Cost Report Prep to begin 06/01/2017, due date 12/31/2017
2016/17 Current School Year, Cost Report due date 12/31/2018

Your main Cost Reporting contact at HBS is Shelly Jolley – Sjolley@teamhbs.com




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