Capital PPS transition period affects timing differences.
The Health Care Financing Administration's new capital payment system means hospitals face timing differences in their financial statements. A hospital's 10-year transition into the new system could involve a switch from the hold-harmless payment method to the fully prospective method. To maximize the recoverability of deferred assets and liabilities, hospitals should understand the details of both methods and how changes in third-party payment programs can affect timing differences.
Garner
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Grossman
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D000066:Accounting / Q000592:standards*; D002201:Capital Expenditures / Q000331:legislation & jurisprudence*; D014487:Centers for Medicare and Medicaid Services, U.S.; D005377:Financial Management, Hospital / Q000379:methods*; D016344:Medicare Part A / Q000331:legislation & jurisprudence*; D011445:Prospective Payment System / Q000331:legislation & jurisprudence*; D013997:Time Factors; D014481:United States