The following information is provided by Novitas Solutions.
Availability of the Proposed Federal Fiscal Year (FY) 2016 Wage Index Public Use Files (PUFs) and Deadline for Requesting Corrections to the Wage Index Data
On Friday, February 13, 2015, the Centers for Medicare & Medicaid Services (CMS) released the proposed FY 2016 wage index PUFs. Two PUFs are available on CMS’s Web site on February 13, 2015. One PUF contains three spreadsheets of data: the Worksheet S-3 wage data (which includes Worksheet S-3, Parts II and III wage data from cost reporting periods beginning on or after October l, 2011 through September 30, 2012; that is, FY 2012 wage data) is included in 1 spreadsheet; the occupational mix data (which includes data from the calendar year (CY) 2013 occupational mix survey, Form CMS-10079) is included in the 2nd spreadsheet. This PUF includes data for all hospitals in CMS’s database through February 12, 2015. The data in the PUF will be used in the development of the proposed FY 2016 wage index, to be published in the Federal Register in Spring 2015. The second PUF displays a comparison of area average hourly wages for FY 2015 versus FY 2016 (preliminary).
More information is available on the Novitas website, at the Wage Index / Occupational Mix page.
New Medicare Insights Weekly Podcasts now available!
In this week's Medicare Insights Weekly Podcast, we review the 2015 Deductible, Coinsurance and Therapy Caps.
