Medicare Wage Index Reporting and Reviews
Reporting inaccurate wage index data can be a costly mistake. Errors can have a substantial impact on reimbursement and may even be viewed as compliance deficiencies. Wage data reported on the hospital's Medicare cost report is used to calculate a significant portion of the payment for inpatient, outpatient, inpatient psychiatric, inpatient rehabilitation, skilled nursing facility, hospice, and home health services.
We can help you with every step of the wage index process: from compiling all the relevant data for inclusion on the cost report and occupational mix survey, to detail analysis of the supporting documentation to ensure data is complete and accurate, to reviewing and requesting corrections to the public use files before the data is used to calculate your payments.