Wage Index and Occupational Mix Services
Revenue Entitlement / Wage Index and Occupational Mix Services
Wage Index Services
Toyon analyzes the average hourly wage and related wage index to meet the needs and objectives of the health system, the individual hospital, and the entire CBSA. We work with you and the hospitals in the CBSA to determine if there are opportunities to improve the wage index. Our experts thoroughly analyze your wage, benefit, contract labor and home office data for accurate reporting. We use a proprietary workbook that streamlines our wage index studies and the results provide auditable documentation that can be directly sent to the MAC to facilitate their wage index audits.
We focus on the average hourly wage (AHW) reporting of the following critical categories:
Hospital hours associated with paid salaries
Patient care contract labor
Interim executive and management contract labor
Administrative and general, housekeeping, and dietary contract labor
Administrative physician contract labor
Core wage related costs, including pension
Other wage-related costs
Home office salaries and hours
Allowable physician administrative and education costs and hours
Intern and resident salaries, hours and contract labor
Intern and resident salaries and hours
Non-physician anesthetist salaries and hours
Non-physician Part B salaries and hours
We also offer the following wage index services:
Geographic reclassification analysis and applications
Urban-to-rural re-designation
Occupational Mix Services
Section 304(c) of Public Law 106-554 requires the Medicare Occupational Mix Survey (OMS) to be completed every three (3) years. The intent of the OMS is to account for the impact of specific hiring decisions on a hospital’s AHW. Information from the OMS can either positively or negatively impact a hospital’s Medicare IPPS reimbursement. We use a proprietary workbook that streamlines our wage index and the results to provide auditable documentation that can be directly sent to the MAC to facilitate audits.
Toyon will execute the following to complete the occupational mix survey:
Thoroughly analyze and investigate job categorizations in payroll and contract labor records
Categorize hospital employees, contract labor, and home office personnel in their respective occupational mix classifications: Registered Nurses, Licensed Practical Nurses, Nursing Aides, Medical Assistants, and All Other
Identify, acquire, and summarize all allowable contract labor for occupational mix reporting
Calculate excluded unit ratios and overhead cost center allocations
Compare and assess the reasonableness of the prior survey compared to the current survey and investigate any significant variances
Toyon provides the following upon completion of wage index and occupational mix services:
Executive summary of findings and recommendations including process improvement and automation opportunities.
Analyze the results with management and upon agreement incorporate the findings and/or file the occupational mix survey
Estimate the financial impact of the results
All workbooks with supporting documentation
Medicare Disproportionate Share (DSH) Entitlement
Our team utilizes business intelligence tools to accurately report your DSH entitlement.
Transplant Services
We partner with you to assess compliance with the complex transplant reporting requirements and accuracy of the requested revenue entitlement.
Medicare Uncompensated Care
Our team accurately reports your uncompensated care entitlement utilizing our proprietary business intelligence tools.
Medical Education
Our team partners with you to accurately manage all aspects of DGME/IME finance and reimbursement.
Medicare Bad Debt
Our team expertly identifies, captures, and reports revenue entitlement to assure compliance with complex regulatory requirements and accurate revenue entitlement.
Medicaid DSH and Supplemental Funding Support
Toyon Associates efficiently prepares cost data to secure Medicaid revenue while maintaining compliance.
Wage Index and Occupational Mix Services
We thoroughly analyze your wage, benefit, contract labor and home office data for accurate reporting.
Medicare and Medicaid Appeals
Save hours by letting us handle regulation navigation and preparation of accurate, compliant appeals.
Get started with Toyon today.
info@toyonassociates.com
(888) 514-9312
Concord CA | Costa Mesa CA | Knoxville TN