CMS Releases Wage Data for FY 2019
The Centers for Medicare and Medicaid Services has posted on its website the preliminary wage data for FY 2019. The public use files reflect hospitals’ FY 2015 cost report data and will be used to calculate the Medicare area wage indexes for the FY 2019 inpatient prospective payment system.
Hospitals have until Sept. 1 to submit correction requests for revisions to their FY 2015 wage data as included in the May 19 preliminary public use file and to provide documentation to support the request. Fiscal intermediaries/Medicare Administrator Contractors will have approximately 10 weeks to complete their reviews, make determinations and transmit revised data to CMS’s Division of Acute Care.
The preliminary CY 2016 occupational mix survey data is scheduled to be released July 12. The occupational mix data is collected every three years, so hospitals are encouraged to review their data carefully as it will be used to adjust the inpatient PPS wage indexes for FY 2019, FY 2020 and FY 2021. NJHA will send the preliminary CY 2016 occupational mix survey data as soon as it is available. Hospitals will have until Sept. 1 to request revisions to this data.