Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

On Attachment T-8 (incentives) under Cash Flow and Potential Revenue Shortfall, does this apply to all Phase 1 providers or just those who have no experience in billing Medicaid?

0
Posted

On Attachment T-8 (incentives) under Cash Flow and Potential Revenue Shortfall, does this apply to all Phase 1 providers or just those who have no experience in billing Medicaid?

0

Cash Flow for Phase 1 providers – The cash flow process included in the first bullet of Attachment T-8 applies to the net deficit component on the fiscal profile for all providers converting to PROS in Phase 1. OMH will continue to advance this funding to the counties/providers for the first four months of PROS operations for the specified purposes. Specifically, the first two months will compensate for the Medicaid lag and will be recovered when the provider closes its PROS program. The providers ability to keep the 3rd and 4th month depends on the results of the settlement process included in the Potential Revenue Shortfall paragraph below. Potential Revenue Shortfall for Phase 1 providers – This incentive package applies to all Phase 1 providers whose fiscal profile indicates that they currently receive State aid for PROS eligible programs. If they achieve PROS Medicaid in the first year that is equal to or greater than 70% of the aggregate funding that is included on the fiscal pro

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123