HAR §17-1739-79. Cost report requirements

(a) All participating acute care facilities shall maintain an UNOFFICIAL 1739-32 accounting system which identifies costs in a manner that conforms to generally accepted accounting principles. (b) Participating facilities shall submit the following on an annual basis no later than ninety days after the close of each facility's fiscal year: (1) Uniform cost report; (2) Working trial balance; (3) Provider cost report questionnaire; (4) Audited financial statements if available; and (5) Disclosure of appeal items included in the cost report. (c) Payment for services shall be temporarily reduced by at least twenty per cent if the cost report is not received within one hundred twenty days, and one hundred per cent if the cost report is not received within one hundred fifty days. A thirty day maximum extension will be granted upon written request for good cause as provided in Medicare guidelines. (d) Each provider shall keep financial and statistical records of the cost reporting year for at least five years after submitting the cost report to authorized state or federal representatives. [Eff 11/13/95 ] (Auth: HRS §346-59) (Imp: 42 C.F.R. §447.252)