Currently, there are approximately 3,200 short-term and acute care hospitals in the Medicare program. This survey provides for the collection of occupational mix data for a 12-month period, that is, from pay periods ending between January 1, 2022 – December 31, 2022, to be applied to the FY 2025 wage index.
While the Medicare Wage Index is used to adjust reimbursement based on labor markets, comparing wage levels of a particular geographic area against the national average, the occupational mix adjustments help remove some of the fluctuations in wage index values that result from hiring decisions.
As part of BESLER’s Occupational Mix Services, our team will review the accuracy of your hospital’s occupational mix survey – and we’ll review your job descriptions and job titles to properly report time spent on patient care versus time spent on administrative functions.
Why Partner with BESLER?
- We understand your challenges: our team has 25+ years of experience working on Wage Index with Medicare and State Cost Reports from the hospital side.
- We’re prepared to respond on your behalf to potential inquiries from your MAC.
- We will also work with you and your team to enhance your internal processes and skills.
BESLER can conduct your review either prior to filing your Medicare Cost Report or post-filing.
Our healthcare reimbursement services will reduce your team’s stress and work with you to optimize your Medicare reimbursement. Contact us today to get started.