ARRA: What’s a Reporting Period?

In yesterday’s post we reviewed when “Payment Years” began with respect to the ARRA. Today, we’ll review the other key component of ARRA timing–”Reporting Periods”.

For “Eligible Professionals” a Reporting Period is:

For the FIRST Payment Year:

• Any continuous 90-day period within a calendar year.

For the second, third and fourth payment years:

• The calendar year.

For Eligible Hospitals (or critical access hospitals):

For the FIRST Payment Year:

• Any continuous 90-day period within the FEDERAL fiscal year (October 1 – September 30).

For the second, third and fourth payment years:

• The Federal fiscal year (i.e. beginning Oct 1)