Instructions for Mainecare Cost Report for Intermediate Care Facilities - Maine

This document was released by Maine Department of Health and Human Services and contains the most recent official instructions for Mainecare Cost Report for Intermediate Care Facilities .

FAQ

Q: What is Mainecare?A: Mainecare is a Medicaid program in Maine that provides healthcare coverage to eligible residents.

Q: What is a cost report?A: A cost report is a financial document that shows the expenses and revenues of a healthcare facility.

Q: What are Intermediate Care Facilities?A: Intermediate Care Facilities are residential facilities that provide supportive care and services to individuals with disabilities or chronic illnesses.

Q: Why do Intermediate Care Facilities need to submit a cost report?A: Submitting a cost report is a requirement for Intermediate Care Facilities to receive reimbursement for the services they provide through Mainecare.

Q: What information is needed to complete the Mainecare Cost Report?A: The Mainecare Cost Report requires information such as facility name, service days, patient revenue, expenses, and payroll information.

Q: When is the deadline to submit the Mainecare Cost Report?A: The deadline to submit the Mainecare Cost Report for Intermediate Care Facilities is typically 90 days after the end of the fiscal year.

Q: Are there any penalties for late submission of the Mainecare Cost Report?A: Yes, there may be penalties for late submission of the Mainecare Cost Report, such as delayed reimbursement or financial penalties.

Q: Can I get assistance in completing the Mainecare Cost Report?A: Yes, the Maine Department of Health and Human Services provides assistance and resources to help Intermediate Care Facilities complete the Mainecare Cost Report.