Regulatory Compliance
The Revenue and Regulatory Compliance office is a distinct unit within the Johns Hopkins Health System Finance Department. The primary responsibilities of the unit fall under three main categories: Revenue Budget, HSCRC/Regulatory Issues and Cost Report preparation
Table of Contents I. Department Description II. Departmental Listing III. Organization Chart
I. Department Description Description The Revenue and Regulatory Compliance office is a distinct unit within the Johns Hopkins Health System Finance Department. The primary responsibilities of the unit fall under three main categories: Revenue Budget, HSCRC/Regulatory Issues and Cost Report preparation. Revenue Budget The department prepares the annual operating revenue budget for both the Johns Hopkins Hospital and the Johns Hopkins Bayview Medical Center and monitors monthly performance against departmental revenue budgets. Budgets are prepared for both inpatient and outpatient volumes in accordance with regulatory guidelines including: Charge Per Case (included, excluded and trimmed revenue) and unit rate compliance. The budgets are approved by the Board of Trustees and are included as part of the Annual Operating Plan for JHHS. HSCRC/Regulatory Issues The department is the primary liaison with the Health Services Cost Review Commission, the Maryland hospital rate setting agency. The department is responsible for monthly monitoring and reporting of charges. Additionally, the department is involved in many technical workgroups in conjunction with the HSCRC and the Maryland Hospital Association that create and develop rate-setting policies in Maryland. The department staff regularly attends external meetings and provides summaries and updates for JHHS management. The department models all rate setting proposals to determine the impact on JHHS affiliated hospitals. Cost Report Preparation The department is responsible for the completion and submission of annual cost reports for the HSCRC (the HSCRC Annual Filing), Medicare, and NIH grants. In addition, the department may provide assistance and/or manpower to other JHHS entities to aid in the use and interpretation of these cost reports.
II. Departmental Listing
III. Organization Chart
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