What is the significance of "Reporting Year?"
Annually, the activity data that is reported by providers is aggregated and published as an Annual Report that provides information to the community. The “Reporting Year” indicates in which Annual Report the activity belongs. Most providers operate on a calendar year basis, and for these providers the Reporting Year is equivalent to the year of the Activity Date (For instance, Activity Date = September 1, 2016, and Reporting Year = 2016).
However, certain providers, such as some hospitals and medical schools, operate on an academic year calendar, and may need to pay special attention to the “Reporting Year” field for each activity they enter. For instance, if a provider offers a Regularly Scheduled Series that begins September 1, 2016 and ends June 1, 2017, the Activity Date would be September 1, 2016, and the Reporting Year would be 2017.