Structuring Contracts for Inclusion in the Medicare Wage Index-Structuring Contracts for Inclusion in the Medicare Wage Index Recording

Structuring Contracts for Inclusion in the Medicare Wage Index Recording

Video Transcription

Video Summary

The video transcript features speakers from Forbis discussing the importance of structuring contracts with the Medicare wage index, focusing on contract labor and physicians. They emphasize the role of the wage index in hospital reimbursement, detailing the factors that go into calculating it. The speakers provide guidance on contract labor requirements, best practices, and tracking physician time spent on administrative tasks. They stress the need for accurate data to prevent loss of reimbursement, and recommend updating contract language, using time studies, and modernizing the process. The presentation concludes with a reminder on appeals deadlines. Attendees are encouraged to review the slides for further information.

Keywords

Medicare wage index

contract labor

physicians

hospital reimbursement

calculating wage index

contract labor requirements

tracking physician time

reimbursement accuracy

contract language update