On November 18th, it was announced that all fiscal year 2017-18 IEP claims will be reprocessed, reversed, and repaid at the new final rate. You should have received the new final rate in your MN-ITS mailbox this September. Due to the volume of claims to be revised, some providers may choose to suspend billing during December in order to process the remittance.
Part off the settle-up process is that your FY 2020 interim rate is your final rate from FY 2018. That means that now is a good time to review your FY20 data and compare it to the final FY18 data. This may seem like a hassle, but luckily, MA Forms reports make reviewing your data simple and straightforward.
MA Forms’ Annual Rates report can help you compare average times per encounter, especially for personal care services. To determine if you should update your FY20 rates, use the Annual Rates Report to divide the number of hours by the number of encounters. If the average time per encounter is reduced or increased by an hour or more, we suggest sending updated rate information to the DHS.
This is just one example of how MA Forms helps make the MA billing process simpler for administrators and districts. Periodically using the Annual Rates report to review your average time per encounter can help you keep your revenue consistent with your data.
Finally, although the Thanksgiving holiday has already come to an end, the SpEd Forms team would like you to know how much we appreciate your continued support and input. We hope you had a wonderful holiday. Happy Thanksgiving!