Medicare and Medicaid Cost Report

The Idaho Department of Health and Welfare is seeking bids for Medicare and Medicaid Cost Report preparation services for three state-operated hospitals. The selected contractor will be responsible for compiling financial and statistical data, ensuring compliance with CMS and Idaho-specific Medicaid reporting requirements, and submitting complete and audit-ready reports by established deadlines. The contractor will also provide ongoing consultation to hospital staff and conduct a one-time webinar training on the Cost Report process. Key aspects of the scope of work include: • Preparing annual Medicare and Medicaid Cost Reports for each hospital • Reviewing data for reasonableness and completeness • Providing internal review and standard edits related to electronic report generation • Ensuring compliance with applicable laws, regulations, and guidelines • Submitting complete and audit-ready reports by established deadlines • Providing ongoing consultation to hospital staff • Conducting a one-time webinar training on the Cost Report process