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What is Electronic Cost Report filing?

April 26, 2017COST electronic filing report

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What is Electronic Cost Report filing?

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Electronic filing refers to the process by which the software converts your data into a standard, vendor neutral file format. An electronic file will be produced in this format, which along with a print image file and an encrypted summary page, also produced by the software, are the official submission documents instead of the old printed cost report. Electronic cost report filing is mandated by CMS and has been put in place in all of our Compu-Max cost report software programs, with the exception of the 287-05 system. The effective date for the ECR Specifications varies by system, and can be found in two places: on the initial “Splash Screen” after launching the program; and under “Help” on the “Main” screen of the program, under “About Compu-Max”.