Is your organization's wage index accurate?
Hospitals should take these steps to ensure their wage reporting follows Medicare directives and that all information is reported accurately: Check the reasonability of your hospital's wage data; Ensure your hospital's compliance with reporting directives; Consider your hospital demographics; Take corrective action, if needed.
Schuhmann
Thomas M
TM
Cost Report Data Resources, LLC, Louisville, KY, USA. tschuhmann@costreportdata.com
Shoemaker
William
W
D014487:Centers for Medicare and Medicaid Services, U.S.; D003361:Cost Allocation; D003953:Diagnosis-Related Groups / Q000191:economics; D005377:Financial Management, Hospital / Q000379:methods*; D017721:Hospital Costs / Q000145:classification*; D006801:Humans; D016344:Medicare Part A / Q000331:legislation & jurisprudence*; D011445:Prospective Payment System / Q000331:legislation & jurisprudence*; D011907:Rate Setting and Review / Q000379:methods*; D012456:Salaries and Fringe Benefits / Q000145:classification*; D014481:United States