Healthcare Summit 2020: 2020 Area Wage Index Update

Hospital Area Wage Index data continues to be an annual focal point of CMS and its Medicare auditors. In this webinar we will review how hospitals can best assemble and report their data, and prepare for a CMS audit. We will discuss the data reporting on the Medicare cost report Worksheet S-3 series and the Occupational Mix survey. As a result of attending the webinar, you should be able to:

• Gain a general understanding of Medicare Area Wage Index and its calculations

• Recognize hospital responsibilities and annual timetable

• Discuss wage index regulatory changes provided in the final FFY 2021 IPPS rule