It’s cost report season to the TASB School Medicaid Services team and Local Education Agencies (LEAs) in Texas participating in SHARS. The federal fiscal year 2024 SHARS cost reports are now open and are due April 1. April may seem far away, but preparing is key to staying on track.
Cost report Preparers must attend training annually in order to be authorized to submit an LEA’s cost data. After attending training and being assigned the Preparer role by an LEA for an open cost report, Preparers can begin the reporting process. Preparing a cost report is a complicated process that requires the contributions and collaboration of a variety of LEA departments and staff, as well as the LEA’s SHARS billing vendor.
As a SHARS Medicaid billing and cost reporting vendor, TASB School Medicaid Services oversees the cost reporting process for many LEAs across the state. To develop a more accurate and audit safe cost report, the TASB School Medicaid Services team put together recommendations for Preparers.
Read the full article and view recommendations for Preparers.
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