The MHA is hosting this educational webinar with healthcare consultant Comprehensive Reimbursement Inc. to provide guidance for accurately reporting data that will be used by the Centers for Medicare & Medicaid Services (CMS) to develop the fiscal year (FY) 2021 area wage index. The webinar will review potential regulation and interpretation changes by the CMS and Medicare Administrative Contractors.
The webinar will assist hospital staff with accurate reporting of wages, hours and wage-related costs on Worksheet S-3, Part II, of the Medicare cost report. Annually, the CMS uses newer data to develop the Medicare area wage index. For the FY 2021 wage index, the CMS will use data reported on cost reports ending in federal FY 2018.