HMC is experienced in hospital Medicare and Medicaid Cost Reports and analysis. We can assist in determination of cost reporting problems and errors. If necessary, we can direct your hospital in preparing and filing amended Cost Reports to correct previously reported errors. In many cases, this can lead to a greater Medicare or Medicaid Cost Report settlement for your hospital. Such analysis will also ensure that your hospital is being paid the appropriate prospective payment system (PPS) rates under Medicare and Medicaid.