Compensation costs are one of the largest line expenses for healthcare providers. Make sure your payroll data is working hard to get you the most in Centers for Medicare & Medicaid Services (CMS) payments. For many hospitals around the country, managing the 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 reimbursement to providers.
By participating in this event, you should be able to:
Articulate key CMS priorities and trends related to Worksheet S-3 reporting
Assess the 2020 Occupational Mix Survey and its impact on the index
Identify additional revenue available for hospitals that geographically reclassify
Define leading practices for tracking, managing, and submitting wage data
Join us for this examination of the latest information and help for getting the most out of your compensation data.
Who should participate?
Healthcare wage index professionals, process improvement experts, and compliance professionals