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"You can't put anything in the cost report that is not related to patient care."
"It will be some time before we know any of the details regarding potential cost report issues," he said.
The December cost report is always devoted to international construction costs.
Medicare payments to hospitals are based on such cost reports.
But such expenses could not be properly included as reimbursable in the cost reports.
Home care reimbursement from the government is based on expenses reported to the federal health authorities in documents called cost reports.
The form of cost report (an example of which is given in Table 6.1) will vary between projects.
But Columbia still faces investigators armed with mountains of its hospitals' cost reports.
Such expense statements, known as cost reports, generated hundreds of millions in payments each year.
Currently, the hospitals corporation submits a third-party cost report for each hospital.
After he spoke, someone scooped up the Ford cost reports and hustled them off to one of the front offices.
Any status and cost reports required from the contractor should be reviewed and action taken to correct problems, if necessary.
So why share my other cost reports!
Such expenses are not permitted to be included on cost reports, since the company would essentially be paying itself.
People inside and outside the company said that Federal officials had seized hundreds of cost reports and supporting material in their searches.
Over the years, cheating on a Federal cost report became viewed by some hospital administrators as something akin to jaywalking.
Investigators are reviewing whether those payments were improperly included on some cost reports for reimbursement.
Details are revealed in shadow cost reports and related documents, which often present a cost picture quite different from the one provided to the Government.
Through documents known as cost reports, hospitals are able to obtain partial reimbursement for costs related to patient care.
"Given the size of reimbursement claims contained in the cost reports, the liability is potentially staggering."
Senior Columbia officials said they were unaware of any connection between yesterday's search and Government concern about company cost reports.
The improper expenses were caught by Government auditors at one point, who demanded revisions in the hospital's cost reports.
As a result, only a tiny fraction of the Medicare cost reports submitted to the hospitals were ever subjected to an audit.
Mr. Eder asked the two men whether they usually prepared two cost reports.
The cost report from the Official Receiver read, as one investor put it, like a "financial horror comic".