CMS Wage Index: Getting the Most From Your Data and Optimizing Your Geographic Reclassification

For thousands of hospitals around the country, managing the Centers for Medicare and Medicaid (CMS) annual Wage Index is a time-consuming process, with big impacts on payment revenue. The complex and ever-changing nature of the index, coupled with local oversight and geographical differences in data, make the careful management of this process critical to healthcare institutions. Just a percentage point or two difference in the outcome can mean the difference in millions in additional compensation reimbursement to providers.

As a result of viewing this on-demand webinar, you should be able to:

• Articulate key CMS priorities and trends related to the hourly wage index
• Assess your institution’s current wage index efforts and how they compare to industry benchmarks
• Recognize additional revenue available for hospitals that geographically reclassify
• Define leading practices for tracking, managing, and submitting wage data