000 for each payer and for geographic wage differences using the Medicare wage
index reweighted to 1.
The Medicare disproportionate percentage is within one standard deviation of the mean percentages of all hospitals in the geographic area used for Medicare wage
The primary reasons for this improvement are initiatives by management to enhance revenues, control expenses, improve quality, and increase patient volume as well as a Medicare wage
reclassification which brought in an additional $1.
The healthcare consulting firm was contracted by Apprise Health Insights to conduct the regional Medicare wage
We believe that the Medicare Wage
Index and general overhead costs per day at the hospital level meet these criteria.
The Medicare wage
base will also increase for 1993 to $135,000 from the 1992 base of $130,200.
In fiscal 2005, MMH is expected to benefit from increased reimbursement from the Medicare Wage
Index reclassification in the amount of $2.
The healthcare consulting firm was contracted by Apprise Health Insights to coordinate the regional Medicare wage
index project, to improve the accuracy of the filed data that the Centers for Medicare and Medicaid Services (CMS) uses to adjust the standardized payment for geographic area differences in hospital wages under the Medicare Prospective Payment System (PPS).
Additionally, Sharon received increased reimbursement from the Medicare Wage
Index reclassification in the amount of $1.
In addition, he is a CPA licensed in Illinois, and is well versed in all areas of reimbursement for hospitals and healthcare organizations, including Medicare wage
index issues, cost reporting, and mergers and acquisitions.
He will be working in the areas of Medicare wage
index, as well as providing research and education regarding regulatory requirements.
Fiscal 2003 performance was impacted by rising operating expenses and a decline in the Medicare wage
index and resulted in a negative operating margin of 0.