Responsible/Designated Contractor’s Responsibility if the Home

120.2 – Responsible/Designated Contractor’s Responsibility if the Home Office Fails to File a Cost Statement (Rev. 27, 12-19-03) Home office cost statements that are prepared in accordance with PRM-1, §2150ff are to be submitted either: (1) before the last day of the fifth month following the close of the fiscal year if the home office’s fiscal year ends on the last day of the month, or (2) on or before 150 days after the last day of the fiscal year if the home office’s fiscal year ends on a day other than the last day of the month. If the chain home office fails to submit a cost statement within that time frame and you are the responsible/designated contractor for the home office, notify the chain home office of its failure to submit a cost statement. If you are the servicing contractor for some of the providers in the chain, issue tentative or revised tentative settlements requiring repayment of the home office costs to those providers whose cost reports contain significant reimbursement for the related home office costs. Also, if applicable, notify all the other contractors servicing the providers in the chain to do the same. The servicing contractors are also required to reduce interim payments to reflect the disallowance of any home office costs if those costs make up a significant portion of the provider’s interim payment.