When every penny counts.
The Medicare wage index factor has a significant impact on hospital revenue. Four strategies hospitals can incorporate to ensure the accuracy of their wage index schedules upon submission are: Work on the components of the wage index schedule throughout the year. Develop a wage index checklist/compliance work plan. Form an internal wage index committee. Establish processes for completing each component/line item on the wage index schedule.
Roland
Tracey
T
tracey.roland@gt.com
D004467:Economics; D004469:Economics, Hospital; D019983:Guideline Adherence; D006278:Medicare; D012456:Salaries and Fringe Benefits; D014481:United States